New Street, Ledbury, HR8
HO

New Street, Ledbury, HR8

By Homesale Solutions

£ 60,000

Reviews

2 out of 5 stars

Homesale Solutions says ..

*** Reduced for a Quick Sale *** Vieiwng by appointment. 2 bedroom first floor flat.

Property Oracle says ..

This two-bedroom retirement flat in Ledbury, Herefordshire, presents a mixed bag of potential and challenges for prospective buyers. The property is located on New Street in a convenient area of Ledbury South, offering relatively close proximity to local amenities, good schools (John Masefield High School and Ledbury Primary School are nearby, both rated ‘Good’), and a train station for connections to other areas. The average price for properties on Born Court is £101,895, making the asking price relatively low. However, this needs to be put in context with other local areas such as Church Road with average prices of £250,000, it is therefore, vital to understand the reason for this. The property photos show that the property is in need of significant modernisation. The kitchen and bathroom are dated and require a full refurbishment. The carpets throughout are also worn. The property boasts minimal outdoor space. The lack of a private garden and extremely small plot size (0.00 sq ft) may limit its appeal to buyers who value outdoor space. Overall, this property is suitable for a buyer who is prepared to undertake a significant renovation project. The low price makes it an attractive proposition for a buyer wanting a renovation project in a desirable location, however, the absence of details on any additional features could hinder the final evaluation. The retirement status also suggests it’s likely geared towards a specific demographic. This needs to be fully researched prior to purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
671.35
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Leaflet © OpenStreetMap contributors

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
309,992.00 £
Decreased by 16.15 %
from 369,698.00 £
Est sale value
248,399.50 £
Increased by 0.27 %
from 247,728.15 £
Average area rental value
1,050.00 £/mo
Decreased by 1.59 %
from 1,067.00 £/mo
Est letting value
671.35 £/mo
Unchanged by 0.00 %
from 671.35 £/mo
Est rental Yield
4.06 %
Increased by 17.34 %
from 3.46 %
Crime Rate
40.00 %
Unchanged by 0.00 %
from 40.00 %

Agent Activity

  • Homesale Solutions marked this listing as sold.

  • Homesale Solutions created the listing.

Nearby Schools

NameTypeOfstedDistance
John Masefield High SchoolAcademy ConverterGood0.40 KM
Ledbury Primary SchoolCommunity SchoolGood0.85 KM
Ledbury Children'S Centre, LedburyChildren's Centre0.85 KM
Eastnor Parochial Primary SchoolAcademy Converter3.53 KM
Queenswood SchoolOther Independent Special SchoolGood5.96 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Born Court £ 101,89500.00 KM
Church Road £ 250,00000.00 KM
Harling Court £ 000.00 KM
Cabbage Lane £ 000.00 KM
The Town Trail £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ledbury4784LED1.14 KM
Colwall4876CWL8.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Street, Ledbury £ 99,000BUY5 / 100.00 KM
New Street, Ledbury, HR8 £ 60,000BUY5 / 100.00 KM
New Street, Ledbury £ 115,000BUY5 / 100.00 KM
New Street, Ledbury £ 110,000BUYUnknown0.00 KM
New Street, Ledbury £ 105,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
24 The Southend £ 100,5140.13 KM
23 The Southend £ 495,0000.13 KM
26 The Southend £ 325,0000.13 KM
25 The Southend £ 510,0000.13 KM
22 The Southend £ 500,0000.13 KM