3 Bed Terraced House, Planning Permission, Salisbury, SP3 6DR, £435,000

High Street, Hindon, Salisbury, Wiltshire, SP3 6DR - a year ago

Planning
ROI: 4%
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£185K - £650K
Sold Prices/m²£2.2K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£4.7K/m²

Value Estimate

£339,416

 

 

End Value (After Refurb)

£365,546

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£108,750

Stamp Duty & Legal Fees

£32,200

Refurb Costs

£37,702

Bridging Loan Interest

£11,419

Total Cash In

£191,820

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£365,546

Mortgage (After Refinance)

£274,159

Mortgage LTV

75%

Cash Left In

£191,820

Equity

£91,386

Rent Range

£1,300 - £4,500

Rent Estimate

£2,225

Running Costs/mo

£1,607

Cashflow/mo

£618

Cashflow/yr

£7,412

ROI

4%

Gross Yield

6%

Local Sold Prices

36 sold prices from £185K to £650K, average is £417.5K. £2.2K/m² to £5.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£500K03/210 miCockerels, High Street, Hindon, Salisbury, Wiltshire SP3 6DR3
£500K12/200 miLower Cottage, High Street, Hindon, Salisbury, Wiltshire SP3 6DR3
£650K04/230 miPemberton, High Street, Hindon, Salisbury, Wiltshire SP3 6DR3
£438.9K06/210.04 mi89, High Street, Hindon, Salisbury, Wiltshire SP3 6DP3
£563K02/230.05 miDolphin House, High Street, Hindon, Salisbury, Wiltshire SP3 6DP3
£460K04/230.13 miEllandee, High Street, Hindon, Salisbury, Wiltshire SP3 6DJ3
£350K01/210.13 miChurch Cottage, High Street, Hindon, Salisbury, Wiltshire SP3 6DJ3
£575K02/210.13 miProspect, High Street, Hindon, Salisbury, Wiltshire SP3 6DR3
£485K12/220.14 miSirius, The Dene, Hindon, Salisbury, Wiltshire SP3 6EE3
£480K05/211.89 mi2, Beckford Close, Tisbury, Salisbury, Wiltshire SP3 6QT3
£570K02/212.22 miGreenwich Cottage, Hindon Road, East Knoyle, Salisbury, Wiltshire SP3 6AA3
£565K07/232.31 mi19, The Street, East Knoyle, Salisbury, Wiltshire SP3 6AL3
£450K11/222.34 miThe Bell House, Church Road, East Knoyle, Salisbury, Wiltshire SP3 6AE3
£350K04/232.44 mi4, Malletts Close, East Knoyle, Salisbury, Wiltshire SP3 6AG3
£380K11/222.44 mi2, Malletts Close, East Knoyle, Salisbury, Wiltshire SP3 6AG3
£470K01/212.48 mi122, Upton, East Knoyle, Salisbury, Wiltshire SP3 6BW3
£470K11/222.54 miOrchard Bungalow, Leigh Lane, East Knoyle, Salisbury, Wiltshire SP3 6AP3
£399.9K01/212.56 mi4, Old Mill Close, East Knoyle, Salisbury, Wiltshire SP3 6EX3
£400K07/232.57 mi2, Alexandra Cottages, Tisbury, Salisbury, Wiltshire SP3 6QB3
£315K04/212.58 mi3, Alexandra Terrace, Tisbury, Salisbury, Wiltshire SP3 6QA3
£290K02/232.6 miLilac Cottage, Shaftesbury Road, East Knoyle, Salisbury, Wiltshire SP3 6AR3
£246K02/212.63 mi20, The Green, East Knoyle, Salisbury, Wiltshire SP3 6BN3
£435K09/212.75 miAnchor Cottage, Hindon Lane, Tisbury, Salisbury, Wiltshire SP3 6PZ3
£265K08/212.77 mi1, Doctors Place, Tisbury, Salisbury, Wiltshire SP3 6HS3
£300K10/202.77 mi11, Doctors Place, Tisbury, Salisbury, Wiltshire SP3 6HS3
£455K08/232.81 mi1, Lower Pertwood Cottages, Hindon, Salisbury, Wiltshire SP3 6TA3
£340K06/222.82 mi20, Churchill Estate, Tisbury, Salisbury, Wiltshire SP3 6HT3
£212K10/202.83 mi2, Temperance Row, Tisbury, Salisbury, Wiltshire SP3 6HW3
£185K12/202.87 mi44, Churchill Estate, Tisbury, Salisbury, Wiltshire SP3 6HU3
£555K08/232.88 miLawn Cottage, High Street, Tisbury, Salisbury, Wiltshire SP3 6HF3
£435K10/202.9 miPhoenix Cottage, Court Close, High Street, Tisbury, Salisbury, Wiltshire SP3 6HF3
£315K05/222.92 mi17, Brook Close, Tisbury, Salisbury, Wiltshire SP3 6PW3
£310K04/222.92 mi19, Brook Close, Tisbury, Salisbury, Wiltshire SP3 6PW3
£210K03/212.92 mi5a, Brook Close, Tisbury, Salisbury, Wiltshire SP3 6PW3
£280K12/202.95 mi3, Springfield Park, Tisbury, Salisbury, Wiltshire SP3 6QN3
£305K04/213 mi9, Paradise Meadow, Tisbury, Salisbury, Wiltshire SP3 6DG3

Local Rents

4 rents from £1.3K/mo to £4.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50009/241.59 mi3 Elm Grove Cottages, Fonthill Bishop, Salisbury, SP3 5SH3
£1,60002/241.89 mi-3
£4,50009/242.27 miEast Knoyle, Salisbury, Wiltshire, SP36
£1,30009/242.3 miManor Farm Cottages, Higher Pertwood, Hindon, Salisbury3

Local Area Statistics

Population in SP3

11,309

Population in Salisbury

93,605

Town centre distance

14.27 miles away

Nearest school

0.20 miles away

Nearest train station

3.18 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £435,000

December 4, 2024

Listed for £475,000

April 30, 2024

Floor Plans

Description

  • Semi-detached +
  • 1500 sq ft of accommodation +
  • Character features +
  • Two bedrooms and two attic rooms +
  • Garden +
  • Vehicular access +

A substantial Grade II listed cottage, situated in the heart of Hindon, a highly sought-after village nestled in the Wiltshire countryside.

Roseneath is located in the heart of the highly sought-after village of Hindon, and just a stone’s throw from both pubs, the village shop, the church and school. The Grade II listed property boasts accommodation over three floors and provides a charming mix of traditional and contemporary styles, with a recent extension added to the rear. The ground floor comprises a substantial, characterful drawing room with exposed floorboards and a feature brick fireplace with wood burning stove, a ‘Shaker’ style kitchen with traditional inglenook fireplace are both positioned in the original part of the cottage. The modern extension is light and airy and provides an ideal dining and entertaining space complete with skylight, Velux windows and bi-folding doors. A utility and cloakroom are located beyond to the rear. The first-floor landing leads to the two double bedrooms, along with the main family bathroom and a spiral staircase to the second floor. The two attic rooms could have any number of uses and have previously been used as additional bedrooms.

SITUATION
The property is situated about half way along Hindon’s pretty tree lined High Street, close to the centre of the village . The village itself has a busy and thriving community with a successful community run post office and shop, two popular pubs, a nursery and primary school and a doctor’s surgery. Further amenities are available in the nearby town of Tisbury plus the advantage of a main line railway station. The Saxon, hilltop town of Shaftesbury offers a further choice of retailers including Tesco and a community hospital. Hindon is well located for those who travel or commute to work outside the area on a regular basis. The A303 and A36 are within a few minutes’ drive and give access to the M3 /M25 corridors and along the south coast within easy reach. The area has a wide choice of state and independent primary and secondary schools and plenty of leisure activities including golf, cycling, horse riding, walking and many more.

OUTSIDE
The cottage boasts a garden, predominantly laid to lawn and a small courtyard area directly adjacent to, and accessed from the dining room. There is vehicular access, a rarity in the village, to and from the property with the possibility to create a parking space subject to planning permission.

COUNCIL TAX
Wiltshire Council Tax D
EPC: N/A

SERVICES
Mains water,drainage and electricity are connected to the property. Heating and hot water are provided by a recently installed oil fired boiler.

DIRECTIONS
Post code: SP3 6DR
What3words /// depth.paved.broached

Agent Details

Woolley & Wallis, Shaftesbury

01747 449948

Next Steps?

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