HR2Herefordshire, County of

HR2 Central Herefordshire

HR2 Central Herefordshire investment guide. Average gross yield 3.8%, unknown rental demand.

3.8%avg gross yield

£265kavg sold price (459 sales, 12mo)

Unknownrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

3.8%

+3.8% vs Herefordshire, County of avg (0.0%)

Average Asking Price

£265,000

high confidence (459 sales)

Est. Monthly Rent

£931

2-bed · 3-bed £1,229 · 5.4% yield

Price Per Sq Ft

£287

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in HR2

1-bed

£766

per month

5.1% yield

2-bed

£931

per month

5.4% yield

3-bed

£1,229

per month

5.9% yield

4-bed

£1,788

per month

6.2% yield

Ownership mix

HR2 vs UK average · 19,771 dwellings · Source: ONS Census 2021

Distinct tenure mix: 26% owned with mortgage (4pp lower than the UK average of 30%).

Owned outrightNo mortgage on the property

36.7%(UK 32.9%)

+3.8pp vs UK

Owned with mortgageIncluding shared ownership

25.7%(UK 29.7%)

-4.0pp vs UK

Privately rented (BTL)Private landlord or letting agent

18.9%(UK 20.3%)

-1.4pp vs UK

Socially rentedCouncil or housing association

18.7%(UK 17.1%)

+1.6pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in HR2

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	6.6%	£195,000	£1,065
Semi-detached →	6.0%	£242,599	£1,218
Detached →	4.1%	£390,000	£1,333
Flat →	9.1%	£137,861	£1,049

Explore by strategy

Live data for each property type across Herefordshire, County of.

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About HR2 Central Herefordshire (HR2, Herefordshire, County of)

HR2 offers modest entry-level pricing with an average asking price of £265,000, making it accessible for buy-to-let investors with limited capital. While the 3.8% gross yield is below national averages, the area attracts investors seeking affordable property portfolios in the Midlands with potential for longer-term appreciation.

The rental market shows stronger yields on larger properties, with 4-bed homes achieving 6.2% gross returns compared to 5.1% for 1-beds, suggesting demand skews toward family lettings. The consistent rental appetite across all bedroom sizes indicates a stable tenant base, though formal rental demand data would help confirm market dynamics.

Investors should note the limited available rental demand information, which makes it difficult to assess void rates and market resilience. The below-average gross yield relative to UK benchmarks warrants careful analysis of operating costs, management fees, and local economic drivers before committing capital.

Sold Price Trend - HR2

Average sold price, last 8 quarters

-11.6% over 2 years

Flip Activity - HR2

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+47.8%

after HPI adjust

Median hold

13 mo

Flip rate

0.4%

of all sales

Recent case studies

unnamed

Detached

Bought Jun 24

£450k

Sold Dec 25

£738k

18 mo+57.0%*

Gross 64.0%

brampton road

Terraced

Bought Jun 24

£175k

Sold Feb 25

£210k

9 mo+17.5%*

Gross 20.0%

pixley walk

Terraced

Bought Jul 24

£103k

Sold Feb 25

£230k

7 mo+120.3%*

Gross 124.4%

unnamed

Detached

Bought Feb 23

£550k

Sold Jul 24

£750k

18 mo+38.6%*

Gross 36.4%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - HR2

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

No Article 4 directions in this LPA. Selective/additional licensing not yet verified.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

Nearby Postcodes

Adjacent areas with comparable investment profiles

HR13.4%

Hereford City Centre & Suburbs

Herefordshire, County of

View area guide

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3 Graftonbury Court, Grafton Lane, Hereford, Herefordshire, HR2 8FA
HR2 · 1-bed · AH UK
£100,000
29 Jul