Summary - 5 AYLESTONE HILL HEREFORD HR1 1HR
Circa £40,000 pa estimated rental income at full occupancy
A substantial Victorian building in central Hereford, arranged as five self-contained apartments currently let on Assured Shorthold Tenancies. The block produces an estimated rental income of circa £40,000 pa (full occupancy) and is offered as a freehold investment with garage and separate parking nearby. The property benefits from gas central heating, double glazing (fitted after 2002) and limited communal areas.
The flats vary in size from compact to generous layouts, each with its own kitchen and shower/bathroom — most have been updated with modern kitchens and sanitaryware. Apartment 1 includes a private paved garden/patio; a basement unit sits below street level. No flooding risk is recorded and mains services are connected.
Material considerations for investors: the building is a late-19th-century solid-brick construction with assumed no wall insulation, so energy performance may be lower than modern stock. There is no formal front parking; a separate garage and a parking space are on Penn Grove Road. Communal maintenance arrangements and detailed service records were not provided and should be checked by buyers.
This asset suits a landlord seeking an established multi-let with immediate income, or a buyer looking to reconfigure or refurbish to increase yields. The location offers easy access to Hereford city centre, transport links and local services, supporting long-term rental demand.
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