We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · HR6 8AN
Listing removedListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
72 Etnam Street, Leominster : Oiro £130,000.
Vacant possession : No onward chain : Renovation opportunity A rare opportunity to acquire a vacant two-bedroom period property offered to the market with no onward chain, making it an ideal purchase for investors, developers, or buyers seeking a project with significant potential.
Requiring comprehensive modernisation and improvement throughout, this charming home presents an excellent chance to add value and create a fantastic residence in a highly desirable location close to Leominster town centre.
The property comprises an entrance into a welcoming lounge featuring a fireplace and original character features, along with night storage heating.
To the rear is a spacious kitchen offering excellent scope for redesign and refurbishment. The ground floor bathroom is situated at the rear of the property and is fitted with a shower.
Upstairs, there are two generously sized double bedrooms, both offering good proportions and plenty of potential for enhancement.
Externally, the property benefits from a lengthy rear garden, providing ample outdoor space and further opportunities for landscaping and improvement.
This is a genuine renovation property that will appeal to purchasers looking to undertake works and unlock the property's full potential.
With its attractive period character, excellent location, and sizeable accommodation, the property offers serious scope for transformation and future value growth.
Services, Expenditure & Important Material Information: Council Tax Band A. Local Authority: Herefordshire Council. EPC Rating - F.
Tenure: Freehold Services Connected: Electric, Water & Drainage. Broadband availability: According to Ofcom, Ultra-Fast 1800Mbps* is available.
Parking: On-street parking available, no parking is allocated to the property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 72, Etnam Street, Leominster
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