South Street, Leominster, Herefordshire, HR6 8JA
By Jackson Property
£ 250,000
Reviews
2 out of 5 stars
Jackson Property says ..
Substantial Freehold, Grade II Listed, Investment Property | Offering Commercial & Residential Usage | Large Ground Floor Retail/Shop Premises With Good Double Frontage | Including Secondary retail/Storage Space & Cellar | Kitchenette & Toilet | Two Self Contained 1 Bed Flats On First & Second Fl...
Property Oracle says ..
This property in Leominster town centre presents a mixed bag. Its location is a definite strength, offering proximity to local amenities, schools (including Earl Mortimer College and Sixth Form Centre within 0.5km), and the Leominster train station (less than 1km). This makes it convenient for families and commuters. However, the condition of the property requires attention. The interior images depict a space that needs substantial updating and modernisation. The furnishings and decor are outdated, and repairs or refurbishment would be necessary throughout. The flooring, walls, and kitchen facilities appear to be in need of upgrades.
The available land is limited to a small, somewhat overgrown yard. While it provides a degree of outdoor space, it’s not a large garden. Therefore, the property would likely appeal to buyers looking for a project or a renovation opportunity.
The provided data lacks key metrics like square footage and plot size, making a complete analysis of value difficult. However, based on comparable properties, the listed price appears slightly on the higher side. The requirement for considerable renovation lowers the immediate value proposition, even if it could greatly enhance the property’s worth post-renovation. Overall, this property is an opportunity for someone willing to invest time and money in extensive refurbishment. Buyers should have a realistic budget for renovations in mind. An independent survey is strongly recommended before committing to a 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
- 6
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 2
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
- 340,250.00 £Increased by 35.86 %
- Average area rental value
- 724.00 £/moIncreased by 5.54 %
- Est rental Yield
- 2.55 %Decreased by 22.49 %
- Crime Rate
- 87.00 %Unchanged by 0.00 %
Agent Activity
Jackson Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cambian Hereford School | Other Independent Special School | Outstanding | 0.30 KM |
| Coningsby Children'S Centre, Leominster | Children's Centre | 0.30 KM | |
| Earl Mortimer College And Sixth Form Centre | Community School | Good | 0.47 KM |
| Westfield School | Community Special School | Good | 0.56 KM |
| Leominster Primary School | Community School | Good | 0.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| School Lane | £ 0 | 0 | 0.00 KM |
| New Street | £ 0 | 0 | 0.00 KM |
| Arkwrite Close | £ 0 | 0 | 0.00 KM |
| Cursneh Road | £ 206,000 | 0 | 0.00 KM |
| The Priory | £ 325,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leominster | 3620 | LEO | 0.95 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| South Street, Leominster, Herefordshire, HR6 8JA | £ 250,000 | BUY | 5 / 10 | 0.00 KM |
| South Street, Leominster | £ 365,000 | BUY | 5 / 10 | 0.03 KM |
| Shop and Flat, 35 High Street, Leominster | £ 165,000 | BUY | Unknown | 0.06 KM |
| Drapers Lane, Leominster | £ 250,000 | BUY | 5 / 10 | 0.13 KM |
| 40, South Street, Leominster | £ 69,500 | BUY | 6 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 Corn Street | £ 62,000 | 0.05 KM |
| 6a Corn Street | £ 143,000 | 0.06 KM |
| 22 South Street | £ 182,000 | 0.07 KM |
| 5 School Lane | £ 117,500 | 0.12 KM |
| 44a West Street | £ 55,250 | 0.14 KM |