2-bedroom flat · HR4 9JN
Listing removedListed 111 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom accommodation over ground and lower ground floors. Situated a short walk from of Hereford City Centre.
This newly refurbished and modernised property offers two bedroom accommodation of a good standard. To be let unfurnished, having gas central heating and double glazing.
Ground Floor Living room: Laminate flooring, open plan to: Dining Room: Laminate flooring, door to rear garden. Kitchen: Modern kitchen units. Integrated oven and hob.
Bathroom: Bathroom suite comprising: Power shower over bath, hand basin, w.c.
Lower ground floor: Bedroom 1: Double bedroom Bedroom 2: Double bedroom External: Rear garden with shed Parking: Street parking.
(Permit controlled by local authority) Rent: £900.00 pcm exclusive of all outgoings. Deposit: £1038.00 is required.
Availability: Available from: Now Holding Deposit: £207.00 (Please see Tenant Fee Schedule on our website or in our shop) Income & Affordability criteria To successfully apply to rent one of our properties, in addition to passing other checks the applicant`s verifiable* gross income or joint applicants` combined gross income must be three times the rent.
For this property the minimum household income is £32,500.00 per year gross income. (*Check with us for acceptable verifiable income types). Suitability: Single Person. Couple.
Notes and landlord preferences: No Sharers. No Smokers.
Managed by: Landlord Property Location: What3words /// Property Services & Practicalities Council Tax: Band B herefordshire Council EPC Rating: D (67) Property construction: Traditional Accessibility: Step to access the property Heating: Gas Central Heating Utilities: Mains Electricity, Mains Gas, Mains Water and Drainage Flood risk - None advised by landlord - you can check at: Broadband, availability and cost: Please check with your provider or at: Mobile service: Please check with your provider or at: Viewings: Strictly by appointment with the Agent.
Before we can arrange a viewing, we ask that you complete our Pre-Qualifying Questionnaire and agree to our Terms and Conditions on-line All tenancies are offered subject to reference checks, Right to Rent Compliance, and landlord approval.
Please see our website for our terms and conditions, Tenant Fees Schedule, and referencing criteria for tenants. A copy of our Tenant Fees Schedule is also available in our shop.
Our Privacy Policy is on our website. This information does not form any part of an offer or contract.
All statements contained in the above relating to this property are made without responsibility on the part of Arena Lettings. Room measurements are approximate and for guidance only.
The prospective tenant should satisfy themselves that the property is suitable for their needs. Subject to contract.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 8, Richmond Street, Hereford
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