1-bedroom flat · HR1 2JU
Listing removedListed 103 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Modern First Floor Studio Flat located in the heart of Hereford, a short stroll from the city centre. Available to Let long term.
Entrance Hall with Storage – Open Plan Studio with Kitchen – Shower Room – Outside Storage Unit – Permit Parking Knights Court is positioned at the end of Central Avenue, perfect for those seeking quick access on foot to the city centre, hospital or train station.
The flat is situated on the first floor and has a modern finish throughout, with neutral décor.
The studio living space includes a folding murphy bed with storage either side and a modern kitchen, including a fan oven, electric hob, extractor, under-counter fridge and composite sink with drainer.
The flat also includes an entry hall with storage closet and shower room with electric shower cubicle, vanity unit, WC LED mirror and radiator with towel rail.
A small secure storage unit is located in the courtyard, perfect for bike storage. Permit parking for Central Avenue is also included.
Rental Terms Monthly Rental: £695 pcm Deposit: £801 Holding Deposit: £160 Available to Let immediately Long Term Rental Practicalities Herefordshire Council Tax Band ‘A’ Electric Heating Double Glazed Throughout All Mains Services Fibre Broadband Available Directions From Hereford city centre, head east on the ring road.
At the 4-way junction by Sensory & Rye, head straight over onto Bath Street. Take the second left into Symonds Street and proceed to the end, then turn right into St. Guthlac Street.
At the roundabout, take the fourth exit onto Central Avenue, where the property can be found at the end on the left-hand side. What3Words: ///fingernails.scouts.arena
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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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 Knights Court,Flat 3, Central Avenue, Hereford
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