2-bedroom property · HR9 7GP
Listing removedListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the quiet Lea Villa Park, a semi-rural location on the edge of the village of Lea, approximately 5.3 miles from the market town of Ross-on-Wye, and 12 miles to the Cathedral city of Gloucester.
Lea Villa Park is fully residential and caters for adults only over 50 years of age.
The property comprises Living/dining room, fully fitted kitchen with integrated appliances, two bedrooms (one en-suite with walk-in wardrobe) and bathroom.
The Park itself is located close to the village amenities including a shop/post office, public house/restaurant, and petrol station. A regular bus service runs through the village.
The A40 and M50 motorway from Ross-on-Wye provides access to South Wales and The Midlands, with additional local amenities including The Forest of Dean, Wye Valley Walk and Symonds Yat with its riverside leisure facilities.
Council Tax Band: A (Herefordshire Council) Tenure: Mobile Homes Act Agreement Ground Rent: £22,067 per month Ground Rent Monthly ground rent is currently £174.30 and is payable to the site owner for upkeep and maintenance of the site.
Local Authority Council Tax Band 'A' Herefordshire Council Services Mains Electricity and Water are connected to the property. LPG heating. Tenure Tenure – Occupancy Agreement.
Under the Mobile Homes Act 2013, park homes are not classified as freehold or leasehold properties, as ownership relates solely to the park home itself.
The land upon which the home is situated remains under the ownership of the park owner at all times. Directions: From Ross-on-Wye take the A40 towards Gloucester.
Pass through the villages of Weston-under-Penyard and Ryeford. Continue on the A40 and proceed through the village of Lea, as you exit the village the entrance to the park will be found on the left.
Enter the park and proceed down the incline where the plot can be found.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Lea Villa Residential Park, Lea, Ross-on-Wye
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