Studio for sale

6 - 8 Widemarsh Street, Hereford HR4

First Floor Studio apartment finished to a high standard | Located in an impressive building with much history and the city centre at your doorstep | Ideal investment or Air BnB | New Leasehold to be set up | 1 of just 3 Apartments

Situated in the heart of the city centre with all its amenities on your doorstep. Hereford city centre offers a wealth of shops, independent restaurants, cafes and public houses and has expanded over the years with the development of the Old Market bringing a brand new cinema and shopping experience. The railway station provides major rail links and there are plenty of sports and leisure facilities available within the city limits. You are also well placed for the city bus station to make commuting out of town accessible.

Apartment 2 is located on the first floor and has an open plan Kitchen/Living Room space with tall ceilings.
The Kitchen area has solid oak flooring, fitted cupboards, inset oven with electric hob over with extractor hood, tiled splashback, washing machine, Belfast sink, and area for standalone fridge freezer.

The Living Area has a wonderful brick fireplace with inset electric 'wood burner style' stove.

There is a modern Shower Room with vanity unit, wc, walk-in shower and wifi controlled underfloor heating.

The property has been and would continue to be an exceptional short term accommodation property, although also suits as a base to live. The Freehold to the building is available via separate negotiation. The new lease will be undertake upon completion.

There is an opportunity to acquire the building which is currently making an £80,000 Per Annum (Gross) income as a holiday let. The building will be sold vacant and would make an exceptional opportunity for someone looking to carry out a similar investment model.

Services, Expenditure & Important Material Information

Tenure: The property is currently under 1 title, however a new Leasehold is to be prepared for the sale of the 3 apartments before completion. This will have an indicative lease as:
150 Years
Ground Rent: £100 per annum
Service Charge: £60 per month (subject to formal agreement)
Services Connected: Mains electric, water and drainage. Electric heating.
Council Tax Band: Each apartment will need to be assessed, although indicative of Band B
Broadband availability: Superfast 80 Mbps
Flood Risk: Low Flood Risk
Phone Coverage: 4g available

Jackson Property Compliance

Digital Markets, Competition and Consumers Act 2024 (Commencement No.2) Regulations 2025, We endeavour to ensure that the details contained in our marketing are correct through making detailed enquiries of the owner(s), however they are not guaranteed.
Jackson Property Group have not tested any appliance, equipment, fixture, fitting or service. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each statement contained within these particulars.
Any research and literature advertised under the material information act will have been done at the time of initial marketing by our partners, Kotini and or such any engaged by Jackson Property, on behalf of the owners and ourselves, with the owners signing off their own information.
Services & Expenditures advertised have been taken from | |
Jackson Property may be entitled to commission from other services offered to the client or a buyer including but not limited to: Conveyancing, Mortgage, Financial advice and surveys.
Information on the group structure and referral fees can be found on our website.
Any purchasers that have a succesful agreed offer will be subject to an online Anti Money Laundering compliance check. This can be with one of our providers Kotini with applyid. The cost for this is £23.40 Including vat per accepted offer. Example, Mr & Mrs Jones have an agreed offer via ourselves, before any memorandum of sale is sent out, a request of information and payment to our partners of £23.40 including vat (£19.50 + vat) needs to be paid and a satisfactory aml pass.