Summary - MILFRITH CREDENHILL HEREFORD HR4 7DA
3 bed 1 bath End of Terrace
Affordable new-build with energy-saving solar panels and parking.
35% shared ownership price £113,750 (full value £325,500)
This three-bedroom end terrace is a new-build, energy-efficient home offered on a 35% shared ownership basis. The property includes solar panels, gas central heating, a fitted kitchen, lounge, cloakroom, family bathroom and a turfed rear garden with two off-road parking spaces. It is presented for buyers seeking an affordable entry onto the owner-occupier ladder in a village setting close to Hereford.
The house is compact at about 669 sq ft and suits first-time buyers or small families who prioritise low running costs and modern fixtures over generous floor area. Key financial details: the 35% share is priced at £113,750 (full market value £325,500) with a combined rent/service charge of £539.16 per month; annual service charge noted as £6,469.92 (above average). Staircasing is allowed but capped at a maximum 80% ownership.
Location is a genuine strength: Credenhill is a rural village with a Good-rated primary school, local shops, regular buses to Hereford and countryside walks including Credenhill Park Wood. Broadband and mobile signal are strong, and the property sits in an affluent, low-flood-risk area.
Important considerations: the property is leasehold with 123 years remaining, space is limited compared with larger family homes, and the service charge level is significant. Prospective buyers should check the full lease terms, confirm ongoing service costs, and budget for the combined rent plus service charge when assessing affordability.
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