2-bedroom terraced house · HR8 2XR
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is situated in an established residential location on the south side of Ledbury town centre, which offers a comprehensive range of facilities and amenities to include shops, post office, primary and secondary school, mainline railway station and regular bus service.
The larger centres of Hereford, Worcester and Gloucester are all approximately 16 miles distant and the M50/M5 motorway network can be found some four miles to the south of the town.
Situation and Description 36 Russet Close is sitauted in an established residential location within walking distance of Ledbury town centre.
the property offers well maintained accommodation throughout to include, entrance hall, lounge, kitchen/dining room, two bedrooms, bathroom, enclosed garden and off road parking.
In more detail the accommodation comprises: Entrance Hall with radiator, power point.
Door to: Lounge 11' 11" x 15' 6" (3.63m x 4.72m) with window to front, radiator, power points, wall mounted electric living flame fire with wooden surround, T.V point.
Door to: Kitchen/Dining Room 11' 11" x 8' 7" (3.63m x 2.62m) with window and door to rear, range of worktops with cupboards and drawers under, with sink with drainer, built-in ceramic hob with even under and extractor hood over, eye level wall cupboards, space for washing machine and fridge/freezer, integrated dishwasher, tiled splashbacks, power points, radiator.
Landing with hatch to roof space, power points, doors to: Bedroom One 11' 11" x 8' 8" (3.63m x 2.64m) with window to rear, radiator, power points.
Bedroom Two 8' 8" x 8' 10" (2.64m x 2.69m) with window to front, radiator, power points, door to Airing Cupboard and Storage Area.
Bathroom white suite comprising low flush w.c., pedestal wash basin, panelled bath with shower over, los flush w.c., fully tiled walls, radiator, extractor fan.
Approach The property is approached from Russet Close via a concrete driveway with adjacent slated area with inset shrub and floral borders leading to the front door.
Garden The rear garden can be accessed via a wooden rear gate and comprises a patio with adjacent gravelled area with vegetable beds, Garden Shed.
The garden is enclosed on all sides and offers considerable privacy.
Monthly Fees Purchase Price: £139,482 for a 66.42% share Rent: £189.12pcm Service Charge: £32.60 Remaining Lease: Approximately 80 years The property is available to purchase as a whole.
For further details please contact our office.
Value & comps
No previous sales on record.
Returns
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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 Russet Close, Ledbury, HR8
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