Studio flat · HR4 9HW
Listing removedListed 64 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Market Chambers is a city centre development built and designed by Perfection Homes. There are a number of studio apartments and 1-bedroom apartments.
Located in an ideal city centre position, the development has a wealth of amenities on the doorstep; including the hospital, train station, restaurants, shops and access to other public transport links.
The apartments have been designed to maximise space and light. They are finished to a high specification with all details being considered. Apartment 5 is a 2nd floor studio property.
Entrance hall - open plan studio space - shower room The Property Entrance hall Open plan kitchen & living space - The kitchen area is fitted with an integrated electric oven and hob and an undercounter fridge with freezer compartment.
The living area has been designed to give as much space as possible.
Shower room - The shower room has a luxury feel with a double shower unit, designer porcelain wall and floor tiles and a vanity unit around the sink and illuminated mirror.
Outside The apartment has no parking but does benefit from a communal bike shed.
Agents Notes: Electric Quantum heating, mains water & electricity wifi is included in the rent Council Tax band A, Herefordshire Council. EPC rating C.
Holding Deposit: £137.00 Total deposit Required: £595.00 Please refer to the tenant guidelines & terms and conditions found at note: These particulars are intended only as a guide to prospective Tenants to enable them to decide whether to make further enquiries, they are otherwise not intended to be relied upon in any way and neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the Agents nor the Landlords are to be or become under any liability or claim in respect of their contents.
Any prospective Tenant must satisfy themselves by inspection as to the correctness of the particulars contained.
Misrepresentation Act 1967 These particulars are believed to be correct, but their accuracy is not guaranteed, nor do they form part of any contract.
Council Tax Band: A (Herefordshire Council) Deposit: £595 Holding Deposit: £137
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
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FAQ
About 5 Market Chambers, Hereford
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