2 Bed Flat, Single Let, Salisbury, SP2 9ER, £179,500

4, Carnival House Jubilee Close, Salisbury, Wiltshire, SP2 9ER - 4 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£110K - £500K
Sold Prices/m²£1.5K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£205,912
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,875

Stamp Duty & Legal Fees

£6,585

Total Cash In

£51,460

 

 

Cash Out

 

Rent Range

£750 - £1,300

Rent Estimate

£768

Running Costs/mo

£735

Cashflow/mo

£33

Cashflow/yr

£402

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £110K to £500K, average is £190K. £1.5K/m² to £4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£180K12/220.35 mi48, Roman Road, Salisbury, Wiltshire SP2 9BN2
£110K06/230.41 mi19, Hazel Close, Salisbury, Wiltshire SP2 9JJ2
£213K06/230.67 mi6, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£175K06/210.67 mi8, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£162.5K12/220.74 mi20, Ramleaze Drive, Salisbury, Wiltshire SP2 9PA2
£205K06/231.05 mi34a, Windsor Road, Salisbury, Wiltshire SP2 7DX2
£240K02/231.07 mi22b, Sidney Street, Salisbury, Wiltshire SP2 7AH2
£222.5K06/231.1 mi13, York Road, Salisbury, Wiltshire SP2 7AS2
£199.9K09/211.2 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/221.2 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/231.2 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£178.9K02/211.23 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/231.23 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£425K02/231.23 mi56, Park Lane, Salisbury, Wiltshire SP1 3NP2
£187.5K04/211.24 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/211.24 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£198K12/201.27 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£179K03/211.27 miFlat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP2
£480K06/211.32 miFlat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR2
£340K03/231.35 miFlat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£290K03/231.35 miFlat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£370K06/211.35 miFlat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£500K04/211.35 miFlat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£120K04/231.36 mi71, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K11/201.36 mi34, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K04/231.36 mi52, Archers Court, Salisbury, Wiltshire SP1 3WE2
£175K04/231.36 mi63, Archers Court, Salisbury, Wiltshire SP1 3WE2
£190K02/231.36 mi15, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K03/211.37 miGround Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG2
£165K06/211.41 mi10 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£203K01/231.41 mi1 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£168K11/201.41 mi1 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£151K11/201.46 mi6, Churchill Court, Wilton, Salisbury, Wiltshire SP2 0HL2
£180K06/231.46 mi18, Churchill Court, Wilton, Salisbury, Wiltshire SP2 0HL2
£350K03/231.49 mi157, The Close, Salisbury, Wiltshire SP1 2EY2
£400K06/231.51 miApartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£290K01/211.52 miApartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£238K11/221.55 mi39, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£185K01/211.56 mi45, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£375K06/211.63 mi193, The Close, Salisbury, Wiltshire SP1 2EZ2
£175K01/211.63 mi9a, West Street, Wilton, Salisbury, Wiltshire SP2 0DL2
£199.9K07/231.63 mi32, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£198K06/211.63 mi38, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£183K07/231.63 mi31, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£185K06/231.63 mi39, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£167K03/211.65 miFlat 29, Pembroke Court, West Street, Wilton, Salisbury, Wiltshire SP2 0DG2
£150K03/211.65 mi50b, West Street, Wilton, Salisbury, Wiltshire SP2 0DG2
£153.5K11/211.67 mi45, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£180K06/211.67 mi41, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£175K12/221.68 miFlat 3, Three Cuppes House, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2

Local Rents

34 rents from £750/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£75009/240.1 mi-2
£75009/240.1 mi-2
£78507/240.1 mi-2
£1,10010/240.33 mi-2
£1,00009/240.39 miLower Road, SALISBURY2
£85009/240.44 mi-2
£85009/240.44 mi-2
£1,30009/240.58 miIndia Avenue, Salisbury2
£95009/240.59 miCherry Close, SALISBURY2
£1,10009/240.6 miCherry Close, Salisbury, Wiltshire, SP2 7JD2
£82509/240.65 miRambridge Crescent, Salisbury2
£1,20009/240.69 miNursery Road, Salisbury2
£1,20009/240.69 miNursery Road, Salisbury2
£99509/240.73 mi-2
£92509/240.75 miFlat 7 Ramleaze Drive2
£99510/240.76 mi-2
£1,05002/250.77 mi-2
£1,05009/240.82 miTemperance Cottages, Quidhampton, SP22
£1,05012/230.84 mi-2
£82507/240.91 mi-2
£1,10009/240.96 miChurchfields Road, Salisbury2
£1,10009/240.97 miSALISBURY - Ashley Road2
£1,25004/251.01 mi-2
£1,00009/241.05 miSalisbury2
£1,30010/241.06 mi-2
£1,00009/241.07 miSidney Street, Salisbury2
£89509/241.08 mi-2
£95009/241.1 miMeadow Road, Salisbury, SP22
£1,10009/241.12 miChurchfields Road, SALISBURY2
£87509/241.15 miGeorge Street, Salisbury, Wiltshire2
£1,10009/241.16 miGeorge Street, Salisbury2
£1,05009/241.18 miStratford Road, Salisbury2
£80003/251.21 mi-2
£99509/241.24 miFrancis Court, Spire View2

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

1.31 miles away

Nearest school

0.30 miles away

Nearest train station

1.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £179,500

September 17, 2024

Floor Plans

Description

  • UPDATED GROUND FLOOR FLAT +
  • TWO BEDROOMS +
  • NEW KITCHEN +
  • NEW BATHROOM AND EN SUITE +
  • SITTING ROOM WITH DOORS TO PATIO AREA +
  • REDECORATED AND RECARPETED +
  • PARKING SPACE +
  • NO CHAIN +

An updated two bedroom ground floor flat which is offered with no onward chain. REDECORATED AND RECARPETED BATHROOM AND EN SUITE PATIO AREA

Description - The property is a modern purpose built ground floor flat situated within a cul de sac on the north-western outskirts of the city. The property has recently been refurbished to a high standard and improvements include: a new kitchen, en-suite and bathroom suite, redecoration and new carpets throughout. There is a secure entry system into a communal entrance hallway and the property itself has well proportioned accommodation comprising a private entrance hallway, a sitting room with French doors overlooking a grassed area and leading to a private, covered patio area, a well fitted kitchen/breakfast room with an integrated oven and hob and there is a bathroom with a contemporary white suite. There are two double bedrooms with the main bedroom having an updated en-suite shower room and both bedrooms have built-in wardrobes. There is electric heating and all the windows are PVCu double glazed. Externally there is a grassed communal area and a large car park with numerous visitors spaces and a private parking space which has the benefit of being directly adjacent to the building. There is a nearby regular bus service to the city centre. The property is offered to the market with no onward chain.

Property Specifics - The accommodation is arranged as follows, all measurements being approximate:

Communal Entrance Hall - Communal entrance door, entrance intercom system. Private front door to:

Entrance Hall - Cupboard housing hot water tank, further storage cupboard housing electric fusebox, entrance intercom phone.

Sitting Room - 4.87m x 3.47m (15'11" x 11'4") - French doors and windows to patio area, window to side, TV and internet points, two wall mounted electric heaters.

Kitchen/Breakfast Room - 3.47m x 2.13m (11'4" x 6'11") - Fitted with base and wall units, integrated electric oven and hob with extractor over, sink and drainer with mixer tap under window to side, space for fridge/freezer, space/plumbing for washing machine.

Bedroom One - 4.40m x 2.87m both max (14'5" x 9'4" both max) - Window to front, wall mounted electric heater, TV point, fitted wardrobe, door to;

En-Suite Shower Room - Fitted with a white suite comprising corner shower cubicle with waterfall shower over, low level WC, pedestal wash hand basin, heated towel rail, wall mounted electric heater, extractor.

Bedroom Two - 3.47m x 2.85m (11'4" x 9'4") - Window to side, wall mounted electric heater, fitted wardrobe.

Bathroom - Fitted with a white suite comprising panelled bath with hand held shower over, low level WC, pedestal wash hand basin, heated towel rail, wall mounted heater, shaver point, extractor.

Outside - There is a covered patio area with views across open land and there is an allocated parking space and visitors spaces within a car park to the rear of the block.

Services - Mains water, electricity and drainage are connected to the property.

Outgoings - The Council Tax Band is ‘ B ’ and the payment for the year 2024/2025 payable to Wiltshire Council is £1964.62.

Tenure - 125 year lease with approximately 104 years remaining. Service charge is £1,494.52 for 12 months and ground rent is £25 half yearly.

Directions - Leave our office in Castle Street and proceed out on the A36 Wilton Road. At Skew Bridge turn right into Roman Road. Turn immediately left into Pembroke Road and take the next left hand turn to continue along this road. Take the next right turn into Festival Avenue and the next right into Jubilee Close bearing round to the left. Carnival House can be found at the end on the left hand side.

What3words - What3Words reference is: ///hike.spaces.system

Agent Details

Whites, Salisbury

01722 444869

Next Steps?

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