Lion Street, Hay-on-Wye, Hereford
By McCartneys LLP
£ 240,000
Reviews
3 out of 5 stars
McCartneys LLP says ..
A fantastic opportunity to acquire a spacious one-bedroom studio apartment, ideally situated in the prime location of the popular market town of Hay-on-Wye. Currently operating successfully as a holiday let, this property offers great potential as an investment or a charming personal retreat.
Property Oracle says ..
The property is located on Lion Street in Hay-on-Wye, Powys, enjoying a central location within this popular market town. Hay-on-Wye is renowned for its numerous bookshops, attracting tourists and providing a vibrant atmosphere. The proximity to Hay-On-Wye C.P. School (0.31 KM) is a positive aspect for families, although further information on the school’s Ofsted rating would be beneficial. While the provided data does not detail other amenities such as transportation links or other local services, the town’s central location suggests reasonable access to these.
Based on the images, the property appears to be in good condition. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. There is no visible evidence of significant repairs or renovations required. The property benefits from a wood-burning stove, adding a cozy atmosphere.
The property’s plot size is listed as 0.00 SQFT, indicating a lack of outdoor space. This is a significant drawback, especially considering the average property in the area may have a garden.
Considering the list price of £240,000, the average price in the area is £342,050, and the average price per square foot is £272. While the property is smaller than average (604.93 SQFT compared to 1,255 SQFT), its modern condition and central location in Hay-on-Wye could justify a price above the average price per square foot. However, the lack of land significantly impacts its overall value. A more detailed comparison with similarly sized and styled properties in the area would be necessary to provide a definitive assessment of the price’s reasonableness. The absence of plot size data for comparable properties hinders a precise price analysis.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 9
- Location
- 8
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 604.93
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
- 362,500.00 £Decreased by 30.95 %
- Est sale value
- 206,281.13 £Decreased by 34.80 %
- Average area rental value
- 825.00 £/moUnchanged by 0.00 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.73 %Increased by 44.44 %
- Crime Rate
- 247.00 %Unchanged by 0.00 %
Agent Activity
McCartneys LLP created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hay-On-Wye C.P. School | Welsh Establishment | 0.31 KM | |
| Clyro C.I.W. School | Welsh Establishment | 3.38 KM | |
| Clifford Primary School | Community School | Good | 6.51 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Market Street | £ 572,500 | 0 | 0.00 KM |
| St John's Place | £ 700,000 | 0 | 0.00 KM |
| Castle Lane | £ 0 | 0 | 0.00 KM |
| Brook Street | £ 280,000 | 0 | 0.00 KM |
| Bell Bank | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lion Street, Hay-on-Wye, Hereford | £ 240,000 | BUY | 6 / 10 | 0.00 KM |
| Hay-on-Wye, Hereford, HR3 | £ 150,000 | BUY | 6 / 10 | 0.03 KM |
| Hay-on-Wye, Hereford, HR3 | £ 695,000 | BUY | 5 / 10 | 0.03 KM |
| Market Street, Hay-On-Wye | £ 270,000 | BUY | 6 / 10 | 0.06 KM |
| Chancery Lane, Hay-on-Wye, Hereford, Powys | £ 265,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Chancery Lane | £ 215,000 | 0.06 KM |
| 3 Kemish Place | £ 180,000 | 0.07 KM |
| Nant-yr-hafod | £ 350,000 | 0.09 KM |
| 24 Broad Street | £ 432,500 | 0.13 KM |
| 15 Broad Street | £ 170,000 | 0.13 KM |