South Street, Leominster, Herefordshire, HR6 8JA
JA

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 The furnishings and decor are outdated, and repairs or refurbishment would be necessary throughout.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 %
from 250,447.00 £
Average area rental value
724.00 £/mo
Increased by 5.54 %
from 686.00 £/mo
Est rental Yield
2.55 %
Decreased by 22.49 %
from 3.29 %
Crime Rate
87.00 %
Unchanged by 0.00 %
from 87.00 %

Agent Activity

  • Jackson Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Cambian Hereford SchoolOther Independent Special SchoolOutstanding0.30 KM
Coningsby Children'S Centre, LeominsterChildren's Centre0.30 KM
Earl Mortimer College And Sixth Form CentreCommunity SchoolGood0.47 KM
Westfield SchoolCommunity Special SchoolGood0.56 KM
Leominster Primary SchoolCommunity SchoolGood0.79 KM

Images

FRONT MAIN.JPG FLAT 2 LOUNGE FLAT 2 BEDROOM REAR COURTYARD 2 REAR ELEVATION SHOP 1.JPG SHOP 2.JPG SHOP 3.JPG SHOP WINDOW.JPG CELLAR STORAGE.JPG STORAGE LANDING AREA FIRST FLOOR.JPG STORAGE ROOM FIRST FLOOR.JPG STORAGE ROOM 2 FIRST FLOOR.JPG KITCHENNETTE.JPG REAR COURTYARD SIDE PASSAGE

Nearby Streets

NameAverage PriceAverage SqftDistance
School Lane £ 000.00 KM
New Street £ 000.00 KM
Arkwrite Close £ 000.00 KM
Cursneh Road £ 206,00000.00 KM
The Priory £ 325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Leominster3620LEO0.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
South Street, Leominster, Herefordshire, HR6 8JA £ 250,000BUY5 / 100.00 KM
South Street, Leominster £ 365,000BUY5 / 100.03 KM
Shop and Flat, 35 High Street, Leominster £ 165,000BUYUnknown0.06 KM
Drapers Lane, Leominster £ 250,000BUY5 / 100.13 KM
40, South Street, Leominster £ 69,500BUY6 / 100.16 KM

Nearby Properties

AddressPriceDistance
6 Corn Street £ 62,0000.05 KM
6a Corn Street £ 143,0000.06 KM
22 South Street £ 182,0000.07 KM
5 School Lane £ 117,5000.12 KM
44a West Street £ 55,2500.14 KM