Offers in region of
£95,000
(£210/sq. ft)
1 bed flat for saleCommercial Street, Hereford HR1
1 bed
1 bath
1 reception
452 sq. ft
- Chain free
- Leasehold
Chancellors - Hereford
.png)
About this property
Leasehold Term 123 years from 25/03/2005
Strong rental yield at 8.1% based on current tenancy
Potential for new owner to continue current tenancy
Ideal location
One bedroom apartment
Character features
Property Description
One-bedroom apartment situated in the heart of Hereford, just moments from shops, cafés, transport links and the city’s main retail areas. This central location ensures consistently strong rental demand, making it an excellent option for investors.
Property Details
An excellent opportunity to purchase a characterful one-bedroom apartment in the very heart of Hereford city centre, offered with no onward chain. Ideal for first-time buyers (with no Stamp Duty payable) or investors alike, with a tenant in situ providing an impressive yield of approximately 9%.
Set within a historic and highly regarded building, this unique apartment is perfectly positioned in Hereford’s main piazza, immediately adjacent to the Hereford Museum and Art Gallery. The property enjoys a wealth of original features, complemented by a quirky staircase that adds to its charm and individuality.
The location is hard to beat, with the main shopping area, independent grocers, cafés and the vibrant market all right on the doorstep. Both the train and bus stations are a short walk away, providing excellent transport links, while Hereford County Hospital and the University of Hereford are also within easy walking distance.
The building benefits from a secure entry system with intercom, and a small, well-maintained community of just four flats, offering a more private and friendly living environment. Additional practical features include a bike rack located outside the property.
The apartment is managed by dependable and professional management agents, with an annual service charge of £720.00, offering peace of mind for both owner-occupiers and investors.
A rare opportunity to acquire a distinctive city-centre home or high-performing investment in one of Hereford’s most desirable and convenient locations.
Property reference 6048211
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (102 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review