3 Bed Semi-Detached House, Single Let, Salisbury, SP1 2RY, £300,000

1 St Margarets Close, Shady Bower, Salisbury, Wiltshire, SP1 2RY - 8 months ago

Sold STC
BTL
~99 m²
+5 photos

ValuationUndervalued

Sold Prices£198K - £1.3M
Sold Prices/m²£2.2K/m² - £18.8K/m²

 

 

Square Metres

~99.20 m²
Price/m²£3K/m²

Value Estimate

£359,876
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£799 - £1,800

Rent Estimate

£884

Running Costs/mo

£1,134

Cashflow/mo

£-250

Cashflow/yr

£-3,004

Gross Yield

4%

Local Sold Prices

50 sold prices from £198K to £1.3M, average is £320.5K. £2.2K/m² to £18.8K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£345K05/230.02 mi12, St Margarets Close, Salisbury, Wiltshire SP1 2RY3
£297.5K11/220.02 mi14, St Margarets Close, Salisbury, Wiltshire SP1 2RY3
£485K12/220.06 mi5, Courtwood Close, Salisbury, Wiltshire SP1 2RX3
£210K08/230.07 mi5, Milford Hill, Salisbury, Wiltshire SP1 2QX3
£290K05/230.1 mi26, Fowlers Road, Salisbury, Wiltshire SP1 2QU3
£258K10/200.1 mi26, Fowlers Road, Salisbury, Wiltshire SP1 2QU3
£225K02/210.13 mi19, Rampart Road, Salisbury, Wiltshire SP1 2LU3
£230.1K09/210.15 mi9, St Martins Church Street, Salisbury, Wiltshire SP1 2HY3
£230K04/210.16 mi83, Rampart Road, Salisbury, Wiltshire SP1 1HU3
£390K06/210.19 mi19, Clarendon Road, Salisbury, Wiltshire SP1 1LG3
£355K02/210.19 mi78, St Ann Street, Salisbury, Wiltshire SP1 2DX3
£318K11/220.19 mi86, Tollgate Road, Salisbury, Wiltshire SP1 2JJ3
£295K02/210.2 mi6, Guilder Lane, Salisbury, Wiltshire SP1 1HW3
£325K04/230.2 mi31, Guilder Lane, Salisbury, Wiltshire SP1 1HW3
£365K03/230.2 miIvyhurst, 6, Kelsey Road, Salisbury, Wiltshire SP1 1JP3
£259.5K04/210.21 mi22, Kelsey Road, Salisbury, Wiltshire SP1 1JZ3
£252.5K12/200.22 mi46, Kelsey Road, Salisbury, Wiltshire SP1 1LA3
£345K02/230.23 mi24, Manor Farm Road, Salisbury, Wiltshire SP1 2RR3
£305K06/230.23 mi48, Manor Farm Road, Salisbury, Wiltshire SP1 2RR3
£295K11/200.23 mi44, Manor Farm Road, Salisbury, Wiltshire SP1 2RR3
£335K12/220.24 mi96, Gigant Street, Salisbury, Wiltshire SP1 2BQ3
£328K09/210.25 mi110, Laverstock Road, Salisbury, Wiltshire SP1 2SA3
£238K10/200.26 mi58, Greencroft Street, Salisbury, Wiltshire SP1 1JE3
£321K12/210.27 mi15, Bower Gardens, Salisbury, Wiltshire SP1 2RL3
£296K02/210.27 mi17, Bower Gardens, Salisbury, Wiltshire SP1 2RL3
£310K08/210.29 mi61, St Ann Place, Salisbury, Wiltshire SP1 2SU3
£250K08/210.29 mi26, Wain A Long Road, Salisbury, Wiltshire SP1 1LW3
£450K10/220.29 mi67, Wain A Long Road, Salisbury, Wiltshire SP1 1LW3
£340K09/230.29 mi10, Greens Court, Salisbury, Wiltshire SP1 2SX3
£385K12/200.3 mi8, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF3
£198K02/210.3 mi19, Polden Road, Salisbury, Wiltshire SP1 2JU3
£330K06/210.3 mi65, St Ann Place, Salisbury, Wiltshire SP1 2SU3
£285K06/210.3 mi20, Friars Orchard, Salisbury, Wiltshire SP1 2SY3
£295K04/230.3 mi3, Friars Orchard, Salisbury, Wiltshire SP1 2SY3
£520K02/230.33 mi33, Wain A Long Road, Salisbury, Wiltshire SP1 1LJ3
£386K02/230.33 mi19, Wain A Long Road, Salisbury, Wiltshire SP1 1LJ3
£275K02/230.34 mi12, St Ann Street, Salisbury, Wiltshire SP1 2DN3
£574K02/230.36 mi28a, Bourne Avenue, Salisbury, Wiltshire SP1 1LS3
£510K12/220.36 mi2, Milford Park, Salisbury, Wiltshire SP1 2RZ3
£246K05/210.39 mi1, Salt Lane, Salisbury, Wiltshire SP1 1DT3
£475K11/220.42 mi32, Riverbourne Road, Salisbury, Wiltshire SP1 1NS3
£415K10/200.42 mi33, Riverbourne Road, Salisbury, Wiltshire SP1 1NU3
£417.5K11/220.42 mi17, Riverbourne Road, Salisbury, Wiltshire SP1 1NU3
£1.3M12/210.42 mi93, Park Street, Salisbury, Wiltshire SP1 3AT3
£285K05/210.42 mi41, Park Street, Salisbury, Wiltshire SP1 3AT3
£410K12/220.44 mi9, Glendale Crescent, Salisbury, Wiltshire SP1 1NT3
£321K06/210.44 mi50, Park Street, Salisbury, Wiltshire SP1 3AU3
£320K10/200.44 mi88, Park Street, Salisbury, Wiltshire SP1 3AU3
£300K12/200.44 mi39, New Street, Salisbury, Wiltshire SP1 2PH3
£415K12/200.45 mi22, Belle Vue Road, Salisbury, Wiltshire SP1 3YG3

Local Rents

25 rents from £799/mo to £1.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,20009/240.25 mi-3
£1,20009/240.25 mi-3
£1,30009/240.26 miPennyfarthing Street, Salisbury, SP13
£1,40009/240.48 miBelle Vue Road, Salisbury3
£1,35009/240.51 miSALISBURY - Wyndham Terrace3
£1,25009/240.53 miSALISBURY - Atherton Court3
£1,40009/240.68 miSteynings House, Chapel Place, Salisbury, Wiltshire, SP23
£1,05001/240.71 mi-3
£1,40010/230.72 mi-3
£1,40010/230.72 mi-3
£1,80001/240.78 mi-3
£1,50009/240.78 miVictoria Road3
£1,45009/240.82 miCastle Road, Salisbury3
£1,30012/240.84 mi-3
£1,55009/240.88 miMilton Road, SALISBURY3
£79912/240.89 mi-3
£1,35003/250.95 mi-3
£1,35003/250.98 mi-3
£1,10009/240.99 miDevizes Road, Salisbury3
£1,02509/241 miHollows Close, Salisbury, Wiltshire, SP23
£1,45011/241.07 mi-3
£1,45011/241.07 mi-3
£1,70009/241.09 miFrancis Way, Harnham, Salisbury3
£1,40009/241.09 miKingsland Road Salisbury SP23
£1,25009/241.13 miSwallowmead, Salisbury3

Local Area Statistics

Population in SP1

21,621

Population in Salisbury

93,605

Town centre distance

0.73 miles away

Nearest school

0.10 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+49%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £300,000

July 29, 2024

Floor Plans

Description

  • Popular Residential Location +
  • Semi-Detached House +
  • Galley Kitchen +
  • Separate Dining & Sitting Room +
  • Single Garage +
  • Two Double Bedrooms +
  • Third Bedroom/Study +
  • No Onward Chain +

A semi-detached three bedroom house, located in a highly sought after residential area on the south-east side of the city.

The Property
1 St Margarets Close is a three bedroom semi-detached home, offering appealing and versatile living accommodation on the outer edge of the city. On the ground floor there are two reception rooms, perfect for use as a sitting room with separate dining room, a well-appointed galley kitchen with access out to the rear garden, and a guest cloakroom.

There are three bedrooms on the first floor of the property, two of which are doubles. The third is ideal for use as either a single bedroom or study, with the bathroom completing the accommodation.

Outside
To the rear of the property is the private garden mostly laid to lawn with a patio area nearest to the house, accessed by the kitchen and the sitting room. At the front and right of the property you will find off road parking for two vehicles and the attached single garage.

Location
Set in a highly sought-after residential area on the south eastern side of the city, within walking distance of the city centre. Salisbury boasts a well-thought of Playhouse and twice-weekly charter market, with a plethora of restaurants, shopping, and leisure facilities. There is a number of primary and secondary schools, both private and state, including boys and girls grammar schools. Salisbury has excellent road links to London, Southampton and Bournemouth and provides direct trains to London Waterloo from Salisbury mainline railway station.

Services - All mains services are available. Ofcom suggests broadband speeds of up to 1000 Mbps and that all major mobile networks should have full coverage.

Agent Details

Myddelton & Major, Salisbury

01722 441995

Next Steps?

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