Chancellors says ..
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £510,000
Property Oracle says ..
This property in Belmont, Herefordshire presents a unique opportunity, but with caveats. The listing showcases a substantial, Grade II listed building undergoing extensive renovation. The conversion works appear to be high quality where completed. However, a significant amount of work remains to be done to bring the property to a fully habitable standard. The photos reveal a mix of finished and unfinished areas, highlighting the incomplete nature of the project. The location in Belmont offers a balance of rural tranquility and proximity to Hereford’s amenities and transport links. The considerable land surrounding the property adds considerable value and potential for future development or expansion. However, the listed price needs further scrutiny relative to similar properties at different stages of completion in this area. Buyers should be aware that this is a project property requiring substantial financial and time commitment. The sheer size and potential are attractive but the unfinished state significantly impacts the immediate liveability and value proposition.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 8
- Bedrooms
- 4
- Bathrooms
- 4
- Sqft (est)
- 3,107.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 195,000.00 £Decreased by 25.37 %
- Est sale value
- 661,791.00 £Decreased by 17.12 %
- Average area rental value
- 1,150.00 £/moIncreased by 8.80 %
- Est letting value
- 3,107.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 7.08 %Increased by 45.98 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Chancellors created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Hereford Academy | Academy Sponsor Led | Requires improvement | 2.29 KM |
| Blackmarston School | Community Special School | Good | 2.51 KM |
| Marlbrook Primary School | Community School | Outstanding | 2.62 KM |
| Riverside Primary School | Community School | Good | 2.65 KM |
| South City Children'S Centre, Hereford | Children's Centre | 2.70 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ruckhall Lane | £ 293,750 | 0 | 0.00 KM |
| Rowantree Close | £ 0 | 0 | 0.00 KM |
| A465 | £ 162,475 | 0 | 0.00 KM |
| Kingfisher Road | £ 0 | 0 | 0.00 KM |
| Belmont Road | £ 115,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hereford | 3607 | HFD | 5.09 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Atherstone Close, Belmont, Hereford, HR2 | £ 375,000 | BUY | 7 / 10 | 0.10 KM |
| Oulton Avenue, Belmont, Hereford | £ 340,000 | BUY | 8 / 10 | 0.11 KM |
| Oulton Avenue Belmont HR2 7YX | £ 365,000 | BUY | 7 / 10 | 0.12 KM |
| Atherstone Close, Belmont, Hereford, Herefordshire | £ 450,000 | BUY | 6 / 10 | 0.14 KM |
| Wenlock Close, Hereford, HR2 | £ 295,000 | BUY | 7 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 Oulton Avenue | £ 196,750 | 0.10 KM |
| 38 Oulton Avenue | £ 223,000 | 0.10 KM |
| 9 Oulton Avenue | £ 207,500 | 0.10 KM |
| 12 Oulton Avenue | £ 249,950 | 0.10 KM |
| 44 Oulton Avenue | £ 188,000 | 0.10 KM |