2 Bed Flat, Single Let, Salisbury, SP2 8FL, £195,000

Flint Way, Salisbury, SP2 8FL - 10 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~57 m²
+4 photos

ValuationOvervalued

Sold Prices£135K - £500K
Sold Prices/m²£1.8K/m² - £5.1K/m²

 

 

Square Metres

~57 m²
Price/m²£3.4K/m²

Value Estimate

£161,159

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Total Cash In

£55,800

 

 

Cash Out

 

Rent Range

£825 - £1,850

Rent Estimate

£969

Running Costs/mo

£823

Cashflow/mo

£146

Cashflow/yr

£1,750

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £135K to £500K, average is £185K. £1.8K/m² to £5.1K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£177K07/210 mi20, Flint Way, Salisbury, Wiltshire SP2 8FL2
£340K03/210.56 miCecilwood, Cecil Avenue, Salisbury, Wiltshire SP2 8EE2
£145K12/200.82 mi172, Hollows Close, Harnham, Salisbury, Wiltshire SP2 8LG2
£171K01/210.85 mi12, Avon Place, Salisbury, Wiltshire SP1 2ET2
£180K02/230.85 mi7, Avon Place, Salisbury, Wiltshire SP1 2ET2
£152K05/210.86 mi146, Hollows Close, Harnham, Salisbury, Wiltshire SP2 8LG2
£170K07/210.88 mi22, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£135K01/210.88 mi42, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£172K11/200.88 mi40, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£140K08/230.9 mi2, Cathedral Court, Salisbury, Wiltshire SP1 2SH2
£375K06/210.95 mi193, The Close, Salisbury, Wiltshire SP1 2EZ2
£178.5K01/231.01 mi24, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£245K03/211.02 miFlat 1, Highmount, Shady Bower, Salisbury, Wiltshire SP1 2RE2
£151.5K06/211.03 mi71, Catherine Street, Salisbury, Wiltshire SP1 2DH2
£185K08/211.03 mi3, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£185K06/231.03 mi20, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£195K04/231.03 mi28, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£176K06/211.03 mi25, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£350K03/231.04 mi157, The Close, Salisbury, Wiltshire SP1 2EY2
£160K04/211.05 mi8, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£204K12/221.05 mi17, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£185K11/221.05 mi1, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£180K08/221.07 mi2 Hughenden Manor, Southampton Road, Petersfinger, Salisbury, Wiltshire SP5 3EY2
£150K11/221.08 mi1, Hughendon Manor, Petersfinger, Salisbury, Wiltshire SP5 3EY2
£175K12/221.19 miFlat 3, Three Cuppes House, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£148K10/211.19 miFlat 1, Elm Court, Elm Grove Road, Salisbury, Wiltshire SP1 1JN2
£199.9K07/231.2 mi32, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£198K06/211.2 mi38, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£183K07/231.2 mi31, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£185K06/231.2 mi39, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£153.5K11/211.21 mi45, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£180K06/211.21 mi41, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£340K03/231.27 miFlat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£290K03/231.27 miFlat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£370K06/211.27 miFlat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£500K04/211.27 miFlat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£480K06/211.28 miFlat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR2
£290K01/211.36 miApartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£400K06/231.36 miApartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£178.9K02/211.46 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/231.46 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£187.5K04/211.47 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/211.47 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£199.9K09/211.48 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/221.48 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/231.48 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£198K12/201.48 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£165K06/211.5 mi10 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£203K01/231.5 mi1 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£168K11/201.5 mi1 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2

Local Rents

11 rents from £825/mo to £1.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.29 mi-2
£95002/240.37 mi-2
£1,30005/240.38 mi-2
£1,85002/240.84 mi-2
£1,15001/251.02 mi-2
£1,60009/241.04 mi-2
£82509/241.06 miSALISBURY - Milford Hill2
£1,40009/241.07 miNew Street, Salisbury2
£1,00002/241.08 mi-2
£1,20009/241.19 miElm Grove Road, Salisbury, Wiltshire2
£1,60009/241.23 miEndless Street Salisbury SP12

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

1.26 miles away

Nearest school

0.40 miles away

Nearest train station

1.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £195,000

June 9, 2024

Floor Plans

Description

  • Open Plan Kitchen/Dining/Sitting Room +
  • Master Bedroom with Juliet Balcony +
  • Second Double Bedroom +
  • Allocated Parking Space +
  • Short Walk To Salisbury City Centre +
  • Quote Ref: AB0301 +

Situated in a popular residential area, this attractive and beautifully presented second floor apartment has the benefit of an allocated parking space and is located within a short drive of Salisbury city centre. The home has been superbly well cared for over the years by the current owners and is perfectly suited to first time buyers or buy to let investors alike. The property is accessed via a communal front door and hall only used by two other apartments. The accommodation is generous throughout and has a wonderful, airy ambience. The spacious, dual aspect open plan kitchen/sitting/dining room truly is the heart of the home. The kitchen area is comprehensively appointed with attractive wall and base units with stylish work surfaces as well as an integrated oven and hob. Beyond, the sitting/dining room has ample space for a table and chairs and a sizeable seating area. There are two good sized double bedrooms, the master of which has double doors leading out to the Juliet balcony. A family bathroom completes the accommodation. There is an allocated parking space to the rear of the building. In addition there is a communal lock store for bikes and small communal garden. The property is located on a popular residential road situated a short distance from Salisbury City Centre and is also on a bus route with a frequent bus service into the centre. Salisbury has an array of regionally recognised retail, cultural and educational establishments, as well as a range of award winning restaurants and bars. Flint Way is also in a prime position to reach a number of schools namely; Bishops Wordsworth's & South Wilts Grammar Schools, Salisbury Cathedral School, Chafyn Grove, Leehurst Swan and Godolphin School. Salisbury has excellent road links to London via the A345/A303/M3, Southampton (A36) and Bournemouth (A338) The mainline train station offers direct links to London Waterloo in 83 minutes.

Agent Details

eXp UK, South West

03304 609968

Next Steps?

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