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1/5

1 bed flat for sale Box Grove, Hereford, HR2

Asking price
£80,000
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Reduced yesterday

Type
Flat
Bedrooms
1
Bathrooms
1
Size
£221 per sq ft
Tenure
Leasehold
954 years left(from the agent's description)
Service charge £396 a year(from the agent's description)No ground rent (peppercorn)(from the agent's description) Council tax Band A £1,716 a year

* From the agent's description. Check it with them before you rely on it.

Key features

  • **INVESTOR OPPORTUNITY**
  • Market Rent: £625pcm
  • Potential Yield: 9.4%
  • Tenant in Situ - All Tenancy Documents Current
  • 999 Year Lease from 1981
  • LOW Service fees: Only £40 per month
  • One Bedroom First Floor Apartment
  • Private Parking
  • NO FEES TO TRANSFER TENANCY PAPERWORK & DEPOSIT
  • EPC: D

About this property

**INVESTOR OPPORTUNITY** - No onward chain – Fully tenanted one bedroom apartment in a superb position close to the city centre and great local amenities – RENT: £500pcm/ £6,000p.a. GROSS YIELD 7.

Floorplan

Council tax

Band A £1,716 a year
Per year
  • Band A
    This home: £1,716
  • Band B
    £2,002
  • Band C
    £2,288
  • Band D
    £2,574
  • Band E
    £3,146
  • Band F
    £3,719
  • Band G
    £4,291
  • Band H
    £5,149

This home is in band A, which costs £1,716 a year in Herefordshire for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Herefordshire, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home
£221 / sq ft
Area average (sold)
£268 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£221 per sq ft, below the middle of recent sales in HR2 (£191–£339, 10th–90th percentile, 669 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 669 homes sold in HR2 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in HR2 →

Location

Box Grove, Hereford, HR2

Mortgage and stamp duty

Property price £80,000
£40k £120k
Deposit10% £8,000
£0 £80k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £72,000 mortgage. Most lenders would want a household income of about £16,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
2, Chantry Court Flat / maisonetteDec 2024355 sq ft £274/sq ft£97,500
8, Chantry Court Flat / maisonetteMar 2021344 sq ft £276/sq ft£95,000
3, Chantry Court Flat / maisonetteAug 2020344 sq ft £242/sq ft£83,500
1, Chantry Court Flat / maisonetteDec 2016344 sq ft £254/sq ft£87,500
3, Chantry Court Flat / maisonetteOct 2014344 sq ft £226/sq ft£78,000
2, Chantry Court Flat / maisonetteSept 2006355 sq ft £248/sq ft£88,000
7, Chantry Court Flat / maisonetteSept 2004355 sq ft £197/sq ft£70,000
11, Chantry Court Flat / maisonetteSept 2003355 sq ft £180/sq ft£64,000

All sold prices in Hereford →

Area insights

The neighbourhood around this property.

Marketed by
Northwood, Hereford & Ross-on-Wye
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