# 1 bedroom apartment for sale (HR4 9TD)

## Property Details

| Key | Value |
|-----|-------|
| Address | 56 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE HR4 9TD |
| Price | £92,500 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1976-1982 |
| Floor area | 45 m² |
| Last sold | £88,000 Dec 2019 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 12/08/2029

### Recommendations
- B (1,500)
- L2 (1,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0456-2857-6084-9391-2915)

## Description

Upper floor apartment in purpose built complex close to local amenities, large living room, popular residential area, double glazing, viewing recommended.  Ideal for first time buyer or investment.

## Property Photos

- ![Photo 5](/listings/photos/83911478/686724) - Photo 5
- ![Photo 2](/listings/photos/83911478/686737) - Photo 2
- ![Photo 3](/listings/photos/83911478/686745) - Photo 3
- ![Photo 4](/listings/photos/83911478/686748) - Photo 4
- ![Photo 1](/listings/photos/83911478/686751) - Photo 1

## Floorplans

- ![Floorplan 1](/listings/photos/83911478/686754) - Floorplan 1

## EPC Graphs

- ![EPC Graph](/listings/photos/83911478/686756) - EPC Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 56 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9TD | £88,000 | 06/12/2019 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 34 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9LX | £100,000 | 08/11/2025 | Flat |
| 64 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9TD | £115,000 | 31/10/2025 | Flat |
| 35 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9LX | £96,000 | 24/10/2025 | Flat |
| 18 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9LX | £92,000 | 18/08/2025 | Flat |
| 67 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9TD | £101,500 | 28/07/2025 | Flat |
| 69 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9TD | £100,000 | 16/05/2025 | Flat |
| 33 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9LX | £98,500 | 03/02/2025 | Flat |
| 34 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9LX | £100,000 | 08/11/2024 | Flat |
| 54 CREST COURT, HEREFORD, HEREFORDSHIRE, HR4 9QD | £73,000 | 17/11/2023 | Flat |
| 45 CREST COURT, HEREFORD, HEREFORDSHIRE, HR4 9QD | £122,500 | 17/11/2023 | Flat |
| 28 CREST COURT, HEREFORD, HEREFORDSHIRE, HR4 9QD | £80,000 | 29/09/2023 | Flat |
| 63 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9TD | £85,000 | 08/06/2023 | Flat |
| 58 CHATSWORTH ROAD, HEREFORD, HEREFORDSHIRE, HR4 9HZ | £119,000 | 27/03/2023 | Flat |
| 22 NEWBURY COURT, HEREFORD, HEREFORDSHIRE, HR4 9NL | £99,000 | 28/10/2022 | Flat |
| 16 NEWBURY COURT, HEREFORD, HEREFORDSHIRE, HR4 9NL | £125,000 | 28/10/2022 | Flat |
| 52 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9TD | £115,000 | 30/09/2022 | Flat |
| 53 NICHOLSON COURT, HEREFORD, HEREFORDSHIRE, HR4 9TD | £110,000 | 06/09/2022 | Flat |
| 9 LINGFIELD WALK, HEREFORD, HEREFORDSHIRE, HR4 9TR | £82,500 | 18/08/2022 | Flat |
| 20 CREST COURT, HEREFORD, HEREFORDSHIRE, HR4 9QD | £110,000 | 22/07/2022 | Flat |
| 41 LINGFIELD WALK, HEREFORD, HEREFORDSHIRE, HR4 9TR | £75,000 | 01/07/2022 | Flat |

**Area average:** £99,950 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £120,625 (16 Flat, HR4, 2024–2026)
- **Deviation:** -23.3%

## Rental Range

*ONS Price Index of Private Rents (Herefordshire, County of). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £728/mo
- **Realistic:** £809/mo
- **Optimistic:** £890/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Herefordshire (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £474/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Nicholson Court, HR4 | £650/mo | 1 | 0.01 miles | OpenRent |
| 1 Bed Flat, Nicholson Court, HR4 | £700/mo | 1 | 0.01 miles | OpenRent |
| 1 Bed Flat, Bobblestock, HR4 | £650/mo | 1 | 0.02 miles | OpenRent |
| Studio Flat, Hereford, HR4 | £575/mo | 1 | 0.89 miles | OpenRent |
| 1 Bed Flat, Whitecross Road - Westfield House, HR4 | £775/mo | 1 | 0.89 miles | OpenRent |
| 1 Bed Flat, Whitecross Road, HR4 | £670/mo | 1 | 0.94 miles | OpenRent |
| 1 Bed Flat, Whitecross Road, HR4 | £750/mo | 1 | 1.09 miles | OpenRent |
| 1 Bed End Terrace, Regent Gardens, HR1 | £600/mo | 1 | 1.23 miles | OpenRent |
| 1 Bed End Terrace, Regent Gardens, HR1 | £600/mo | 1 | 1.23 miles | OpenRent |

**Average rent: £663/mo (9 listings)**

## 1% Rule

- **Rent ratio:** 0.7% (weak for cashflow)
- **Max investor price (0.8%):** £81,250
- **Target investor price (1%):** £65,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £650/mo).*

- **Gross yield:** 8.4%
- **Cost-to-rent:** 11.9×
- **Monthly cashflow:** £196/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,056/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -16.1%
- **10y growth:** 11.9%

## House Price Index (HM Land Registry)

*Official index for Herefordshire; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -5.4%
- **5y growth (index):** 4.8%
- **10y growth (index):** 21.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)