4 Bed Semi-Detached House, Single Let, Salisbury, SP2 7NH, £900,000

54 Grosvenor Riverside, Salisbury, SP1 2ER - 10 months ago

Sold STC
BTL
~180 m²
+2 photos

ValuationOvervalued

Sold Prices£280K - £775K
Sold Prices/m²£2.5K/m² - £5.7K/m²

 

 

Square Metres

~180 m²
Price/m²£5K/m²

Value Estimate

£628,576

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£60,700

Total Cash In

£285,700

 

 

Cash Out

 

Rent Range

£1,050 - £2,150

Rent Estimate

£1,047

Running Costs/mo

£3,042

Cashflow/mo

£-1,995

Cashflow/yr

£-23,939

Gross Yield

1%

Local Sold Prices

52 sold prices from £280K to £775K, average is £427.5K. £2.5K/m² to £5.7K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£280K12/200.15 mi54, Windsor Street, Salisbury, Wiltshire SP2 7EA4
£772K04/230.24 mi28, Mill Road, Salisbury, Wiltshire SP2 7RZ4
£660K05/210.24 mi32, Mill Road, Salisbury, Wiltshire SP2 7RZ4
£385K11/200.36 mi4, Jay Rise, Salisbury, Wiltshire SP2 7FL4
£378K06/210.38 mi11, Russell Road, Salisbury, Wiltshire SP2 7LR4
£615K12/200.41 mi2, Old Mill Gardens, Salisbury, Wiltshire SP2 8EX4
£475K02/210.43 mi14, Constable Way, Salisbury, Wiltshire SP2 8LN4
£295K11/200.45 mi31, Lower Road, Salisbury, Wiltshire SP2 9NB4
£369K04/210.52 mi10, Old Meadows Walk, Salisbury, Wiltshire SP2 8PA4
£320K04/230.52 mi31, Macklin Road, Salisbury, Wiltshire SP2 7HB4
£365K06/210.52 mi20, Canadian Avenue, Salisbury, Wiltshire SP2 7JN4
£485K02/230.55 mi169, Wilton Road, Salisbury, Wiltshire SP2 7JQ4
£415K10/210.61 mi126, Netherhampton Road, Salisbury, Wiltshire SP2 8LZ4
£429.9K10/210.63 mi2, St Georges Road, Salisbury, Wiltshire SP2 8LU4
£500K03/230.64 mi117, Netherhampton Road, Salisbury, Wiltshire SP2 8NA4
£425K03/230.67 mi6, St Andrews Road, Salisbury, Wiltshire SP2 9NU4
£465K03/230.68 mi24, Belle Vue Road, Salisbury, Wiltshire SP1 3YG4
£367.5K03/210.7 mi11, Roman Road, Salisbury, Wiltshire SP2 9BH4
£560K08/230.7 mi23, Wyndham Road, Salisbury, Wiltshire SP1 3AB4
£527.5K08/230.7 mi40, Belle Vue Road, Salisbury, Wiltshire SP1 3YD4
£527.5K08/230.7 mi40, Belle Vue Road, Salisbury, Wiltshire SP1 3YD4
£375K06/210.71 mi71, Hamilton Road, Salisbury, Wiltshire SP1 3TQ4
£480K08/230.72 mi63, Belle Vue Road, Salisbury, Wiltshire SP1 3YE4
£510K06/210.76 mi87, Brown Street, Salisbury, Wiltshire SP1 2BA4
£370K06/210.76 mi75, Brown Street, Salisbury, Wiltshire SP1 2BA4
£775K06/210.76 mi3, Victoria Road, Salisbury, Wiltshire SP1 3NF4
£445K01/230.76 mi86, Brown Street, Salisbury, Wiltshire SP1 2BA4
£437.5K10/200.78 mi13, Wyndham Terrace, Salisbury, Wiltshire SP1 3AF4
£325K12/200.78 mi20, Wyndham Terrace, Salisbury, Wiltshire SP1 3AF4
£420K05/230.78 mi9, Wyndham Terrace, Salisbury, Wiltshire SP1 3AF4
£762.5K03/210.79 mi55, Wyndham Road, Salisbury, Wiltshire SP1 3AH4
£533K12/200.79 mi39, St Ann Street, Salisbury, Wiltshire SP1 2DP4
£445K03/210.79 mi11, St Ann Street, Salisbury, Wiltshire SP1 2DP4
£460K06/210.8 mi77, Castle Road, Salisbury, Wiltshire SP1 3RN4
£292K09/230.81 mi7, The Greencroft, Salisbury, Wiltshire SP1 1JD4
£450K11/200.82 mi40, Queens Road, Salisbury, Wiltshire SP1 3AG4
£292K11/200.85 mi71, Rampart Road, Salisbury, Wiltshire SP1 1HU4
£295K12/200.86 mi37, Halfpenny Road, Salisbury, Wiltshire SP2 8JR4
£769.5K08/230.87 mi21, Moberly Road, Salisbury, Wiltshire SP1 3BZ4
£378K03/210.87 mi34b, Ridgeway Road, Salisbury, Wiltshire SP1 3BU4
£375K01/230.88 mi63, Park Street, Salisbury, Wiltshire SP1 3AT4
£450K02/230.88 mi237, Devizes Road, Salisbury, Wiltshire SP2 9LT4
£388K11/220.89 mi52, Queen Alexandra Road, Salisbury, Wiltshire SP2 9LA4
£414K08/230.9 mi5, St Marks Road, Salisbury, Wiltshire SP1 3AY4
£325K12/200.9 mi10, Wordsworth Road, Salisbury, Wiltshire SP1 3BH4
£325K12/200.9 mi10, Wordsworth Road, Salisbury, Wiltshire SP1 3BH4
£465K04/230.91 mi31, Ayleswade Road, Harnham, Salisbury, Wiltshire SP2 8DW4
£625K06/210.91 mi32, Devonshire Road, Salisbury, Wiltshire SP1 3NW4
£294.2K02/210.91 mi64, St Marks Road, Salisbury, Wiltshire SP1 3AZ4
£485K12/200.94 mi21, Cornwall Road, Salisbury, Wiltshire SP1 3NH4
£395K07/230.95 mi19, Fowlers Road, Salisbury, Wiltshire SP1 2QP4
£395K07/230.95 mi19, Fowlers Road, Salisbury, Wiltshire SP1 2QP4

Local Rents

11 rents from £1.1K/mo to £2.1K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35004/250.2 mi-3
£1,80001/240.23 mi-3
£1,10009/240.28 miDevizes Road, Salisbury3
£1,25009/240.29 miLongland, Salisbury, Wiltshire, SP23
£1,05001/240.29 mi-3
£1,35002/250.32 mi-3
£1,40009/240.33 miSteynings House, Chapel Place, Salisbury, Wiltshire, SP23
£1,30011/240.36 mi-3
£1,40009/240.4 miKingsland Road Salisbury SP23
£2,15009/240.41 miCrane Bridge Road, Salisbury4
£1,60009/240.55 mi-5

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

0.30 miles away

Nearest school

0.30 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £900,000

June 7, 2024

Floor Plans

Description

  • Opportunity available for a bespoke internal finish +
  • 4 large bedrooms +
  • Large garden with river frontage +
  • Original Veranda +
  • Heritage UPVC Sash windows +
  • Gas central heating +
  • Off-steet parking for 2-3 vehicles +
  • Effortless access to Salisbury train station +
  • Underfloor heating to lower ground floor +
  • Private electric gates +

A grand Victorian villa restored to an exceptional standard with stunning water meadow views and a wonderful river fronted garden.

Last Unit Remaining -

Grosvenor Riverside - Four beautiful Victorian villas with gardens running down to the River Nadder and views across the water meadows, and to Salisbury’s iconic cathedral spire. Originally constructed in the 1870’s, some 20 years after Salisbury station was complete, the buildings have for many decades been in commercial use, latterly as a well known children’s day care centre for Salisbury. Now, fittingly they are being restored to their original use by Woolavington Homes, a small specialist developer of unique properties.

The Property - The exterior of the houses are being carefully restored to their former grandeur, whilst the interiors are being totally refitted for modern living with brand new heating systems, contemporary floor finishes and luxurious kitchens and bathrooms. Large gardens, off-road parking via electric gates and only a 10min walk to the city centre makes these villa’s undeniably desirable.

Location - Salisbury has some excellent road and rail links across the south and to London, making this a very accessible and desirable city location. Salisbury train station is on the Great Western Railway and the South Western Railway line between London Paddington and Penzance and London Waterloo and Weymouth, with the average time from Sailsbury to Waterloo being 1.5 hours. The drive to London along the A303 and M3 makes a drive to London around 2 hours. Salisbury has many well-regarded schools including Bishop Wordsworth’s and South Wilts Grammar Schools (both rated Outstanding by Ofsted), as well as noted independent schools such as the Cathedral School, Leehurst Swan, Chafyn Grove and Godolphin.

Services - Mains electricity, gas, water and drainage are available. Ofcom suggests that download speeds of up to 1000Mbps are available.

Sap Rating - 80 (C)

Council Tax - To be assessed upon sale.

Tenure - Freehold. Service charges or management fees are NOT applicable on this development.

Viewing Arrangements - Strictly by appointment only with Myddelton & Major. Please contact Chris Holford for further information regarding this development.

Please note that the CGI images displayed are to give an indicative impression of the development.

Agent Details

Myddelton & Major, Salisbury

01722 441995

Next Steps?

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