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Offers in region of

£95,000

(£210/sq. ft)

1 bed flat for sale
Commercial Street, Hereford HR1

    • 1 bed

    • 1 bath

    • 1 reception

    • 452 sq. ft

  • Chain free
  • Leasehold

Chancellors - Hereford

Logo of Chancellors - Hereford

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

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Property descriptions and related information displayed on this page are marketing materials provided by - Chancellors - Hereford. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Chancellors - Hereford for full details and further information.