4 Bed Detached House, Planning Permission, Salisbury, SP3 5LB, £575,000

Wyatt Orchard, Fovant SP3 5LB - 7 months ago

Sold STC

Planning

~129 m²

+12 photos

ValuationOvervalued

Sold Prices	£430K - £2.0M
Sold Prices/m²	£3K/m² - £7K/m²

Square Metres	~129.26 m²
Price/m²	£4.4K/m²
Value Estimate	£475,048£475,048

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£143,750£143,750
Stamp Duty & Legal Fees	£34,700£34,700
Total Cash In	£178,450£178,450

Cash Out
Rent Range	£950 - £25,000£950 - £25,000
Rent Estimate	£966
Running Costs/mo	£2,010£2,010
Cashflow/mo	£-1,044£-1,044
Cashflow/yr	£-12,529£-12,529
Gross Yield	2%2%

Local Sold Prices

16 sold prices from £430K to £2.0M, average is £730K. £3K/m² to £7K/m², average is £3.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£485K	07/21	0.84 mi	Meadowbank, Shaftesbury Road, Fovant, Salisbury, Wiltshire SP3 5JA	£3,012	161	4	Detached House
£850K	02/21	0.91 mi	Highfield House, Brook Street, Fovant, Salisbury, Wiltshire SP3 5JB	£3,991	213	4	Detached House
£750K	03/21	1.7 mi	Bathurst Cottage, The Street, Teffont, Salisbury, Wiltshire SP3 5QP	£4,412	170	4	Detached House
£800K	10/20	1.8 mi	The Gables, Snow Hill, Dinton, Salisbury, Wiltshire SP3 5HN	£3,540	226	4	Detached House
£735K	03/21	1.8 mi	2, Lovegrove Acre, Dinton, Salisbury, Wiltshire SP3 5DX	£3,372	218	4	Detached House
£595K	02/21	1.82 mi	Fortuna, Snow Hill, Dinton, Salisbury, Wiltshire SP3 5HN	£3,480	171	4	Detached House
£450K	12/20	2.56 mi	Frog Cottage, Frog Lane, Chilmark, Salisbury, Wiltshire SP3 5BB	-	-	4	Semi-Detached House
£610K	11/20	2.63 mi	Greystones, Becketts Lane, Chilmark, Salisbury, Wiltshire SP3 5BD	-	-	4	Detached House
£625K	03/21	2.71 mi	Morris Farm House, Hindon Road, Dinton, Salisbury, Wiltshire SP3 5EL	£3,307	189	4	Detached House
£725K	09/21	2.74 mi	Ash Farm, Salisbury Road, Chilmark, Salisbury, Wiltshire SP3 5AH	-	-	4	Detached House
£700K	07/23	2.75 mi	102, Court Street, Tisbury, Salisbury, Wiltshire SP3 6LS	£3,445	203	4	Terraced House
£977K	11/22	2.75 mi	Dunworth Cottage, Jobbers Lane, Tisbury, Salisbury, Wiltshire SP3 6RT	-	-	4	Detached House
£2.0M	11/20	2.86 mi	Wandle House, Cow Drove, Chilmark, Salisbury, Wiltshire SP3 5AJ	£4,751	421	4	Detached House
£1.2M	03/21	2.86 mi	Frickers House, Cow Drove, Chilmark, Salisbury, Wiltshire SP3 5AJ	£6,960	176	4	Terraced House
£970K	03/21	2.91 mi	Ansty House, High Street, Ansty, Salisbury, Wiltshire SP3 5QD	-	-	4	Detached House
£430K	03/23	2.99 mi	Hillview, Duck Street, Tisbury, Salisbury, Wiltshire SP3 6LJ	£3,675	117	4	Detached House

Local Rents

6 rents from £950/mo to £25K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,100	09/24	0.51 mi	Panters Mead, Panters Road, Sutton Mandeville, Wiltshire, SP3	3	Detached House
£25,000	09/24	0.53 mi	The Lancers, Sutton Mandeville, Salisbury	19	Detached House
£2,000	10/24	1.95 mi	-	4	Semi-Detached House
£1,700	12/24	1.99 mi	-	3	Detached House
£950	09/24	2.21 mi	Dinton	2	Flat
£975	09/24	2.37 mi	Mooray Cottages, Chilmark	3	Flat

Local Area Statistics

Population in SP3	11,30911,309
Population in Salisbury	93,60593,605
Town centre distance	8.94 miles away8.94 miles away
Nearest school	1.70 miles away1.70 miles away
Nearest train station	3.08 miles away3.08 miles away

Rental growth (12m)	+19%+19%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+18%+18%

Property History

Listed for £575,000

September 9, 2024

Floor Plans

Description

Four Bedroom Detached Home In Idyllic Village Location +
Double Garage And Large Driveway Parking +
Local Amenities Within The Village Include Shop, Surgery and Village Hall +
Wonderful Internal Accommodation Boasting A Light And Airy Feel Throughout +
Scope To Enhance And Convert Subject To The Necessary Planning Permissions +
Fantastic Dual-Aspect Lounge With Open Fire And Sliding Doors Opening Onto Rear Garden +
Additional Reception Rooms Include Study, Dining Room And Conservatory +
Kitchen/Breakfast Room With Adjoining Utility Room +
Oil Fired Central Heating And Wooden Double Glazing Throughout +
Peaceful, Sought After Development With Four Properties In 'Cul-De-Sac' +

A CHARMING, FOUR bedroom DETACHED home nestled in the PEACEFUL VILLAGE of FOVANT with local AMENITIES nearby. ELEVEN miles to both SALISBURY and SHAFTESBURY with nearby village of Tisbury housing MAINLINE TRAIN STATION. DOUBLE GARAGE with potential to convert, LARGE LOUNGE with open FIRE alongside DINING ROOM, conservatory and OFFICE. On the FIRST FLOOR, there are FOUR DOUBLE BEDROOMS with EN-SUITE and main bathroom.

Agent Details

Meyers Estate Agents, Shaftesbury

01747 449955

Next Steps?

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