Belmont Road, Hereford, HR2 12 bed detached house for sale

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Belmont Road, Hereford, HR2 12 bed detached house for sale

Belmont Road, Hereford, HR2
£600,000

Our Summary

  • Two planning applications have been approved to convert the property into 11 studio apartments
  • Planning Application Numbers: 200412 & 231123Location: The property is conveniently location approximately half-a-mile south/west of the city centre on the well-serviced Belmont Road

Description

This detached, freehold property is currently operating as a 12-bedroom House of Multiple Occupation with a gross rental return of £55,820 per year, but has been approved for conversion into 11 studio apartments through two separate planning applications. The property is located on Belmont Road, approximately half a mile from Hereford city center, and is close to various amenities including shops, schools, and leisure facilities. The property has all mains services connected, including gas central heating, but none of the appliances or services have been tested. With the potential for significant rental income and capital growth, this investment opportunity is not to be missed.