2 Bed Flat, Single Let, Salisbury, SP2 9JJ, £164,950

33 Hazel Close, Bemerton Heath, Salisbury, Wiltshire, SP2 9JJ - 6 months ago

Leasehold
BTL
ROI: 2%
~70 m²
+6 photos

ValuationUndervalued

Sold Prices£110K - £500K
Sold Prices/m²£1.5K/m² - £4.1K/m²

 

 

Square Metres

~70 m²
Price/m²£2.4K/m²

Value Estimate

£202,889
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,238

Stamp Duty & Legal Fees

£10,247

Total Cash In

£51,484

 

 

Cash Out

 

Rent Range

£750 - £1,300

Rent Estimate

£763

Running Costs/mo

£688

Cashflow/mo

£75

Cashflow/yr

£899

ROI

2%

Gross Yield

6%

Local Sold Prices

44 sold prices from £110K to £500K, average is £199K. £1.5K/m² to £4.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£110K06/230.04 mi19, Hazel Close, Salisbury, Wiltshire SP2 9JJ2
£162.5K12/220.51 mi20, Ramleaze Drive, Salisbury, Wiltshire SP2 9PA2
£180K12/220.76 mi48, Roman Road, Salisbury, Wiltshire SP2 9BN2
£213K06/231.09 mi6, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£175K06/211.09 mi8, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£151K11/201.1 mi6, Churchill Court, Wilton, Salisbury, Wiltshire SP2 0HL2
£180K06/231.1 mi18, Churchill Court, Wilton, Salisbury, Wiltshire SP2 0HL2
£175K01/211.29 mi9a, West Street, Wilton, Salisbury, Wiltshire SP2 0DL2
£167K03/211.3 miFlat 29, Pembroke Court, West Street, Wilton, Salisbury, Wiltshire SP2 0DG2
£150K03/211.3 mi50b, West Street, Wilton, Salisbury, Wiltshire SP2 0DG2
£231K05/211.37 mi11, Florence Court, Wilton, Salisbury, Wiltshire SP2 0FD2
£220K12/221.38 mi14, Florence Court, Wilton, Salisbury, Wiltshire SP2 0FD2
£205K06/231.49 mi34a, Windsor Road, Salisbury, Wiltshire SP2 7DX2
£240K02/231.49 mi22b, Sidney Street, Salisbury, Wiltshire SP2 7AH2
£222.5K06/231.53 mi13, York Road, Salisbury, Wiltshire SP2 7AS2
£425K02/231.56 mi56, Park Lane, Salisbury, Wiltshire SP1 3NP2
£199.9K09/211.62 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/221.62 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/231.62 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£178.9K02/211.65 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/231.65 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£187.5K04/211.67 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/211.67 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£179K03/211.68 miFlat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP2
£198K12/201.69 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£210K03/211.75 miGround Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG2
£480K06/211.76 miFlat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR2
£120K04/231.77 mi71, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K11/201.77 mi34, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K04/231.77 mi52, Archers Court, Salisbury, Wiltshire SP1 3WE2
£175K04/231.77 mi63, Archers Court, Salisbury, Wiltshire SP1 3WE2
£190K02/231.77 mi15, Archers Court, Salisbury, Wiltshire SP1 3WE2
£165K06/211.77 mi10 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£203K01/231.77 mi1 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£168K11/201.77 mi1 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£340K03/231.79 miFlat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£290K03/231.79 miFlat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£370K06/211.79 miFlat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£500K04/211.79 miFlat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£238K11/221.85 mi39, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£185K01/211.86 mi45, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£400K06/231.93 miApartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£350K03/231.93 mi157, The Close, Salisbury, Wiltshire SP1 2EY2
£290K01/211.93 miApartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2

Local Rents

26 rents from £750/mo to £1.3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£85009/240 mi-2
£85009/240 mi-2
£82509/240.43 miRambridge Crescent, Salisbury2
£75009/240.44 mi-2
£75009/240.44 mi-2
£78507/240.44 mi-2
£92509/240.51 miFlat 7 Ramleaze Drive2
£1,05009/240.56 miTemperance Cottages, Quidhampton, SP22
£1,10010/240.76 mi-2
£1,00009/240.81 miLower Road, SALISBURY2
£1,30009/240.96 miIndia Avenue, Salisbury2
£99509/240.98 miKings Gate, Wilton2
£95009/241.03 miCherry Close, SALISBURY2
£1,10009/241.03 miCherry Close, Salisbury, Wiltshire, SP2 7JD2
£1,20009/241.12 miNursery Road, Salisbury2
£1,20009/241.12 miNursery Road, Salisbury2
£1,00009/241.13 miNorth Street, SP22
£99509/241.13 mi-2
£89509/241.14 mi-2
£99510/241.16 mi-2
£99501/251.18 mi-2
£99501/251.18 mi-2
£1,15009/241.2 miNetherhampton, Salisbury2
£1,05002/251.21 mi-2
£1,00012/241.24 mi-2
£1,00012/241.24 mi-2

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

1.75 miles away

Nearest school

0.20 miles away

Nearest train station

1.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £164,950

January 5, 2025

Listed for £169,950

September 30, 2024

Floor Plans

Description

  • GROUND FLOOR FLAT +
  • TWO BEDROOMS +
  • SITTING/DINING ROOM +
  • KITCHEN/BREAKFAST ROOM +
  • BATHROOM AND SEP WC +
  • PVCu DG +
  • GAS CH +
  • CUK DE SAC LOCATION WITH OPEN VIEWS +
  • EXCELLENT STORAGE +
  • NO CHAIN +

A spacious ground floor two bedroom flat. NO CHAIN KITCHEN/BREAKFAST ROOM PVCu DG AND GAS CH EXCELLENT STORAGE **

Description - The property is a spacious, purpose built ground floor flat which is offered to the market with no onward chain. Situated at the end of a cul de sac, the well proportioned accommodation comprises an entrance hallway with two large storage cupboards/areas and a sitting room/dining room with a double aspect with a balcony and a balcony together with a view over an open grassed area. There is a kitchen/breakfast room, two double bedrooms. There is a bathroom and a separate WC both with white suites. Further benefits include gas central heating via a new boiler, PVCu double glazing, wood effect flooring throughout and a large storage shed nearby. Parking is also available in the street. Nearby amenities include a convenience store and post office and a nearby bus route which leads to the city centre which lies approximately two miles away. The property is let for £925 pcm so is an excellent buy to let option.

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

Entrance Hall -

Sitting/Dining Room - 5.01m x 3.86m (16'5" x 12'7") - Dual aspect with door and full length window to balcony and window to rear, radiator, internet point, door to;

Kitchen/Breakfast Room - 4.04m x 2.08m (13'3" x 6'9") - fitted with base and wall units with work surfaces over and tiled splashbacks, sink and drainer with mixer tap under window to side, electric cooker, space/plumbing for washing machine, window to front, wall mounted vaillant gas boiler.

Bedroom One - 3.86m x 3.63m (12'7" x 11'10") - Window to rear, radiator.

Bedroom Two - 3.65m x 3.00m (11'11" x 9'10") - Window to front, radiator.

Bathroom - Fitted with a white suite comprising panelled bath with hand held shower over, wash hand basin with cupboard under, wet boarded walls.

Separate Wc - Fitted with a low level WC, obscure glazed window to rear.

Outside - Near to the property is a brick built storage shed (last in row with green door).

Services - Mains gas, 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 £1,964.62.

Tenure - 92 years remaining of a 125 year lease. Ground rent £10 per annum. Latest annual service charge £143.

Directions - Leave Salisbury on the A36 Wilton Road and at Skew Bridge turn right. Turn left at the mini roundabout into Pembroke Road and take the next left to continue along this road. At the top of the hill turn left into Rawlence Road and continue through the pinch point before turning left in to Hazel Close. Bear left and the property can be found at the end.

What3words - What3Words reference is: ///wipe.branching.fidgeted

Agent Details

Whites, Salisbury

01722 444869

Next Steps?

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