5 bedroom property for sale

>

5 bedroom property for sale

Widemarsh Street, Hereford HR4
£495,000

Our Summary

  • Investment OpportunityA converted period building with 3 apartments and landlords space | 2 x 2 bedrooms and 1 studio | Annual trading profit as Short Term Accommodation | Ideal investment for holiday rentals or Assured Shorthand Tenancies | Profits over 3 years of circa £100,000Situated in the heart of the city centre with all its amenities on your doorstep

Description

This historic building in the heart of Hereford city centre offers a unique investment opportunity, comprising three apartments and a landlord's space. The property has been converted from a period building, retaining many of its original features, including exposed brickwork, timbering, and historic staircases. The apartments, which can be used for short-term holiday rentals or assured shorthold tenancies, have a combined annual trading profit of around £100,000 over the past three years. Apartment 1 is a duplex with two bedrooms and a shower room, while Apartments 2 and 3 are also duplexes with two and three bedrooms respectively. The landlord's space is located in the Communal Entrance and offers a sleeping and seating area, single sink, and modern shower room. The property is situated close to the city's amenities, including shops, restaurants, and public houses, and is well-connected to major rail links and bus stations.
Finance This Property