Two-bedroom modern flat with balcony and strong rental potential.
City-centre location with easy access to shops, transport and amenities
This well-presented two-bedroom apartment sits in the heart of Hereford city centre, offering immediate rental appeal to investors. The open-plan living area, modern kitchen and private rear balcony make the flat easy to let to young professionals, students or small sharers. At 797 sq ft the layout is practical with two double bedrooms and one bathroom.
Financially the property has attractive elements for a buy-to-let: a 106-year lease remaining, modest ground rent (£200 pa) and a below-average service charge (£525 pa). Council tax is low (Band B) and the EPC is C, meaning no immediate major energy upgrade is required but further efficiency improvements could add value.
Important cautions for purchasers: the property is in a very high crime area within a deprived ward and sits in a cosmopolitan, student-heavy neighbourhood — this will influence tenant profile, rental demand patterns and potential voids. Broadband speeds are average and the location is built 1996–2002, with double glazing of unknown age. Buyers should carry out standard due diligence on safety, management accounts and local letting demand.
Overall, this leasehold flat is a straightforward city-centre investment with realistic running costs and rental potential, but it suits investors prepared to manage the higher-crime, student-oriented rental market and to verify service arrangements and building condition prior to purchase.
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