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£95,0001 bedroom flat for sale
Commercial Street, Hereford, HR1
Featured
Chain-free
Flat
1 bed
1 bath
452
EPC rating: D
Key information
Tenure: Leasehold | 102 yrs left
Council tax: Band A
Features and description
- 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
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 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.
About this agent
If you are looking for an estate agents in Hereford, look no further. Driven by a desire to provide an unrivalled level of service, Chancellors is one of the most trusted and respected estate agents in the Herefordshire area. We believe in transparency, respect and integrity, and these values are at the core of everything we do. Chancellors are here to offer all the support and guidance you may need in the Hereford property market. Located in the heart of the city on King Street, our Hereford branch is ideally placed. Our friendly, knowledgeable and professional team brings together many years of experience. We provide a range of services, whether you are looking at buying, renting or selling in Hereford itself, or in rural Herefordshire. We also offer services for landlords including comprehensive property management options. Our services include: Free, no-obligation market appraisals Extensive portfolio of residential and commercial properties Land and new homes Property management support Expert investment and market advice We are available to take your call and meet you in our branch six days a week, from Monday to Saturday. Please feel free to visit us in branch to speak with one of our team. From Monday to Friday, our telephone lines are open from 08:30 to 20:00. Alternatively, you can send us an email and we will reply as soon as possible. Benefit from experienced estate agents in Hereford who have your best interests at heart. Areas Covered in and Around Hereford Chancellors have properties for sale and to let in the following areas in Hereford: Holmer Bartestree Hampton Bishop Burghill Wellington Tarrington Kings Acre Sutton St Nicholas Credenhill For those looking for a more rural way of life, you will be happy to know that our estate and lettings agents also operate in wider rural Herefordshire. Chancellors also offer services in the nearby towns of Leominster and Kington.