2 Bed Barn Conversion House For Sale Hereford, HR2

£320,000- Barn Conversion

Auction Property
1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 16th April 2024

Description

DESCRIPTION: \r
A Freehold Barn Conversion with Outline Planning Permission for a further Three Properties on the plot. Planning Permission also Granted for a First Floor Extension to the Barn Conversion. Perfect for investors or developers. Vacant Possession.\r
\r
ACCOMMODATION: \r
Circa 0.5 Acres, 2023.43 Square Metres, 21780 Square Feet.\r
\r
LOCATION:\r
Hereford is a cathedral city and the county town of Herefordshire, England. It lies on the River Wye, approximately 16 miles east of the border with Wales, 23 miles north-west of Gloucester and 24 miles south-west of Worcester. The present Hereford Cathedral dates from the early 12th century, as does the first bridge across the Wye. Former Bishops of Hereford include Saint Thomas de Cantilupe and Lord High Treasurer of England Thomas Charlton. Hereford, a base for successive holders of the title Earl of Hereford, was once the site of a castle, Hereford Castle, which rivalled that of Windsor in size and scale.\r
\r
VIEWING:\r
By appointment only. Please contact the office.\r
\r
TENURE:\r
Freehold.\r
\r
AUCTION DATE:\r
Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Wednesday 17th April 2024.\r
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.\r
\r
UNCONDITIONAL LOT:\r
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
Agent Details
Connect-UK
Connect UK Auctions Head Office Richmond House 105 High Street Crawley West Sussex RH10 1DD

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£250,000
Hereford, HR2
Semi Detached
4.1
£499,000
Hereford, HR2
Semi Detached
2.4
£350,000
Hereford, HR2
Semi Detached
2.3
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested