3 Bed Semi-Detached House, Refurb/BRRR, Salisbury, SP2 9PG, £220,000





ValuationUndervalued
Sold Prices | £140K - £450K |
Sold Prices/m² | £1.5K/m² - £5.2K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2.4K/m² |
Value Estimate | £236,900£236,900 |
BMV | 3% |
| |
End Value (After Refurb) | £302,712£302,712 |
Uplift in Value | +32%+32% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £55,000£55,000 |
Stamp Duty & Legal Fees | £8,100£8,100 |
Refurb Costs | £38,000£38,000 |
Bridging Loan Interest | £5,775£5,775 |
Total Cash In | £108,625£108,625 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentFlip |
Estimated Sale Price | £302,712£302,712 |
Agent Fees (1%) | £3,027£3,027 |
Bridging Loan | £165,000£165,000 |
Bridging Loan Interest | £5,775£5,775 |
Flip Profit | £26,059£26,059 |
Local Sold Prices
50 sold prices from £140K to £450K, average is £289K. £1.5K/m² to £5.2K/m², average is £3.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£234.9K | 11/20 | 0.05 mi | 12, Lumley Close, Salisbury, Wiltshire SP2 9PD | £3,405 | 69 | 3 | Terraced House | |
£220K | 12/22 | 0.07 mi | 10, Olivier Close, Salisbury, Wiltshire SP2 9JQ | £2,268 | 97 | 3 | Semi-Detached House | |
£265K | 06/21 | 0.08 mi | 48, Ramleaze Drive, Salisbury, Wiltshire SP2 9PA | £4,417 | 60 | 3 | Semi-Detached House | |
£300K | 02/23 | 0.11 mi | 17, Ayrshire Close, Salisbury, Wiltshire SP2 9PF | £4,225 | 71 | 3 | Semi-Detached House | |
£375K | 07/23 | 0.11 mi | 30, Ayrshire Close, Salisbury, Wiltshire SP2 9PF | - | - | 3 | Detached House | |
£217K | 10/20 | 0.12 mi | 36, Cooks Close, Salisbury, Wiltshire SP2 9PS | £3,087 | 70 | 3 | Semi-Detached House | |
£235K | 02/21 | 0.12 mi | 11, Sheen Close, Salisbury, Wiltshire SP2 9PJ | £3,176 | 74 | 3 | Terraced House | |
£285K | 04/23 | 0.17 mi | 447, Devizes Road, Salisbury, Wiltshire SP2 9EN | - | - | 3 | Terraced House | |
£340K | 04/21 | 0.18 mi | 25, Angler Road, Salisbury, Wiltshire SP2 9PB | £3,301 | 103 | 3 | Detached House | |
£140K | 03/23 | 0.2 mi | 14, Pinewood Way, Salisbury, Wiltshire SP2 9HY | £1,458 | 96 | 3 | Terraced House | |
£183K | 11/21 | 0.2 mi | 81, Woodside Road, Salisbury, Wiltshire SP2 9EF | £2,191 | 84 | 3 | Semi-Detached House | |
£260K | 10/21 | 0.33 mi | 4, Primrose Road, Salisbury, Wiltshire SP2 9JR | £3,467 | 75 | 3 | Terraced House | |
£281K | 04/23 | 0.34 mi | 108, St Michaels Road, Salisbury, Wiltshire SP2 9EQ | £2,867 | 98 | 3 | Semi-Detached House | |
£311K | 04/23 | 0.34 mi | 53, Woodside Road, Salisbury, Wiltshire SP2 9EE | - | - | 3 | Semi-Detached House | |
£390K | 06/23 | 0.34 mi | 347, Devizes Road, Salisbury, Wiltshire SP2 9JN | - | - | 3 | Semi-Detached House | |
£272.5K | 12/20 | 0.39 mi | 18, Cheshire Close, Salisbury, Wiltshire SP2 9JT | £3,132 | 87 | 3 | Semi-Detached House | |
£215K | 06/23 | 0.44 mi | 185, Gainsborough Close, Salisbury, Wiltshire SP2 9HB | £2,622 | 82 | 3 | Terraced House | |
£248K | 02/23 | 0.44 mi | 193, Gainsborough Close, Salisbury, Wiltshire SP2 9HB | £2,638 | 94 | 3 | Terraced House | |
£417K | 06/23 | 0.48 mi | 458, Devizes Road, Salisbury, Wiltshire SP2 9LX | £4,484 | 93 | 3 | Semi-Detached House | |
£407.5K | 09/21 | 0.48 mi | 474, Devizes Road, Salisbury, Wiltshire SP2 9LX | £3,766 | 108 | 3 | Semi-Detached House | |
£191K | 06/21 | 0.51 mi | 7, Rawlence Road, Salisbury, Wiltshire SP2 9DU | - | - | 3 | Semi-Detached House | |
£303K | 04/21 | 0.51 mi | 33, Heath Road, Salisbury, Wiltshire SP2 9JU | £3,330 | 91 | 3 | Detached House | |
£385K | 04/21 | 0.51 mi | 52, Heath Road, Salisbury, Wiltshire SP2 9JX | £3,889 | 99 | 3 | Detached House | |
£217.5K | 12/20 | 0.52 mi | 30, Glyndebourne Close, Salisbury, Wiltshire SP2 9EY | £2,314 | 94 | 3 | Terraced House | |
£212K | 06/21 | 0.52 mi | 26, Hazel Close, Salisbury, Wiltshire SP2 9JJ | £2,437 | 87 | 3 | Terraced House | |
£202K | 10/20 | 0.52 mi | 61, Hazel Close, Salisbury, Wiltshire SP2 9JJ | £2,295 | 88 | 3 | Terraced House | |
£401K | 03/23 | 0.52 mi | 291, Devizes Road, Salisbury, Wiltshire SP2 9LU | £4,557 | 88 | 3 | Semi-Detached House | |
£160.5K | 06/21 | 0.56 mi | 150, Gainsborough Close, Salisbury, Wiltshire SP2 9HJ | - | - | 3 | Semi-Detached House | |
£270K | 06/23 | 0.58 mi | 69, Tournament Road, Salisbury, Wiltshire SP2 9LQ | - | - | 3 | Semi-Detached House | |
£215K | 02/21 | 0.59 mi | 32, Herbert Road, Salisbury, Wiltshire SP2 9LF | £2,688 | 80 | 3 | Semi-Detached House | |
£305K | 01/23 | 0.6 mi | 18, Western Way, Salisbury, Wiltshire SP2 9DR | £3,765 | 81 | 3 | Terraced House | |
£305K | 10/22 | 0.64 mi | 87, Queen Alexandra Road, Salisbury, Wiltshire SP2 9JZ | - | - | 3 | Semi-Detached House | |
£250K | 05/21 | 0.65 mi | 23, Western Way, Salisbury, Wiltshire SP2 9DP | £2,577 | 97 | 3 | Semi-Detached House | |
£273K | 11/20 | 0.65 mi | 43, Pembroke Road, Salisbury, Wiltshire SP2 9DH | £2,967 | 92 | 3 | Semi-Detached House | |
£230K | 11/21 | 0.65 mi | 20, Penruddock Close, Salisbury, Wiltshire SP2 9HH | £2,334 | 99 | 3 | Terraced House | |
£320K | 12/21 | 0.66 mi | 29, Roberts Road, Salisbury, Wiltshire SP2 9BY | £4,776 | 67 | 3 | Semi-Detached House | |
£355K | 01/23 | 0.66 mi | 23, Roberts Road, Salisbury, Wiltshire SP2 9BY | - | - | 3 | Semi-Detached House | |
£300K | 06/23 | 0.68 mi | 11, Wellington Way, Salisbury, Wiltshire SP2 9BU | - | - | 3 | Semi-Detached House | |
£293K | 05/21 | 0.68 mi | 17, Wellington Way, Salisbury, Wiltshire SP2 9BU | £3,855 | 76 | 3 | Semi-Detached House | |
£440K | 04/23 | 0.68 mi | 261, Devizes Road, Salisbury, Wiltshire SP2 9LT | £5,238 | 84 | 3 | Semi-Detached House | |
£280K | 05/23 | 0.71 mi | 16, Wellington Way, Salisbury, Wiltshire SP2 9BX | - | - | 3 | Terraced House | |
£250K | 09/21 | 0.72 mi | 39, Wagstaff Way, Salisbury, Wiltshire SP2 9BF | £3,623 | 69 | 3 | Terraced House | |
£320K | 11/21 | 0.73 mi | 16, Coronation Road, Salisbury, Wiltshire SP2 9DD | - | - | 3 | Detached House | |
£340K | 02/21 | 0.74 mi | 27, Queen Alexandra Road, Salisbury, Wiltshire SP2 9LL | £3,469 | 98 | 3 | Semi-Detached House | |
£381.5K | 06/21 | 0.81 mi | 24, Empire Road, Salisbury, Wiltshire SP2 9DF | £3,532 | 108 | 3 | Semi-Detached House | |
£375K | 03/23 | 0.84 mi | 82, Roman Road, Salisbury, Wiltshire SP2 9BN | - | - | 3 | Detached House | |
£393K | 06/23 | 0.85 mi | 336, Devizes Road, Salisbury, Wiltshire SP2 7DP | - | - | 3 | Detached House | |
£350K | 04/21 | 0.85 mi | 314, Devizes Road, Salisbury, Wiltshire SP2 7DP | - | - | 3 | Semi-Detached House | |
£450K | 10/20 | 0.85 mi | Meadow Glen, Lower Road, Quidhampton, Salisbury, Wiltshire SP2 9AR | £2,830 | 159 | 3 | Detached House | |
£450K | 08/21 | 0.9 mi | Hazelwood, Stratford Road, Stratford Sub Castle, Salisbury, Wiltshire SP1 3LQ | £4,054 | 111 | 3 | Semi-Detached House |
Local Rents
53 rents from £110/mo to £3.8K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£825 | 09/24 | 0.07 mi | Rambridge Crescent, Salisbury | 2 | Detached House | |
£1,350 | 02/25 | 0.08 mi | - | 3 | Terraced House | |
£925 | 09/24 | 0.09 mi | Flat 7 Ramleaze Drive | 2 | Flat | |
£800 | 09/24 | 0.12 mi | Sheen Close, SALISBURY | 1 | Detached House | |
£1,300 | 04/25 | 0.12 mi | - | 3 | Terraced House | |
£1,500 | 09/24 | 0.18 mi | Angler Road, Salisbury, SP2 | 4 | Detached House | |
£1,650 | 09/24 | 0.44 mi | Wyvern Row, SALISBURY | 5 | Flat | |
£1,150 | 09/24 | 0.46 mi | SALISBURY - Heath Road | 3 | Flat | |
£1,004 | 05/24 | 0.48 mi | - | 3 | Terraced House | |
£850 | 09/24 | 0.49 mi | - | 2 | Flat | |
£850 | 09/24 | 0.49 mi | - | 2 | Flat | |
£1,500 | 09/24 | 0.49 mi | - | 3 | Semi-Detached House | |
£1,600 | 09/24 | 0.55 mi | - | 4 | Bungalow | |
£1,600 | 09/24 | 0.55 mi | - | 4 | Bungalow | |
£735 | 09/24 | 0.58 mi | - | 1 | Flat | |
£785 | 02/25 | 0.58 mi | - | 1 | Flat | |
£750 | 09/24 | 0.61 mi | - | 2 | Flat | |
£750 | 09/24 | 0.61 mi | - | 2 | Flat | |
£785 | 07/24 | 0.61 mi | - | 2 | Flat | |
£1,600 | 09/24 | 0.7 mi | Salisbury, Wiltshire | 3 | Flat | |
£1,725 | 09/24 | 0.74 mi | Queen Alexandra Road Salisbury SP2 | 4 | Detached House | |
£3,750 | 09/24 | 0.81 mi | Chancellors Farm, Stratford Sub Castle | 5 | Detached House | |
£3,750 | 09/24 | 0.81 mi | Chancellors Farm Stratford Road SP1 | 5 | Detached House | |
£725 | 09/24 | 0.85 mi | Marmot Cottage, 48a Roman Road | 1 | Detached House | |
£1,550 | 09/24 | 0.91 mi | Sovereign Close, Quidhampton, Salisbury | 4 | Flat | |
£1,700 | 09/24 | 0.91 mi | Devizes Road, Salisbury | 3 | Detached House | |
£1,300 | 09/24 | 0.94 mi | India Avenue, Salisbury | 2 | Bungalow | |
£1,100 | 10/24 | 0.98 mi | - | 2 | Terraced House | |
£625 | 09/24 | 0.98 mi | Sarum Close, Salisbury | 1 | Flat | |
£900 | 03/25 | 1 mi | - | 1 | Flat | |
£1,050 | 09/24 | 1.03 mi | Temperance Cottages, Quidhampton, SP2 | 2 | Terraced House | |
£700 | 09/24 | 1.03 mi | Sarum Close, Salisbury | 1 | Flat | |
£1,000 | 09/24 | 1.05 mi | Lower Road, SALISBURY | 2 | Flat | |
£1,600 | 09/24 | 1.06 mi | - | 5 | Semi-Detached House | |
£825 | 09/24 | 1.1 mi | *VIEWINGS PAUSED* Montgomery Gardens, Salisbury, SP2 | 1 | Flat | |
£900 | 09/24 | 1.1 mi | Montgomery Gardens, Salisbury, Wiltshire, SP2 | 1 | Flat | |
£995 | 09/24 | 1.12 mi | - | 2 | Terraced House | |
£2,650 | 12/23 | 1.13 mi | - | 4 | Semi-Detached House | |
£2,650 | 09/24 | 1.13 mi | - | 4 | Semi-Detached House | |
£3,150 | 08/24 | 1.13 mi | - | 4 | Semi-Detached House | |
£1,600 | 09/24 | 1.13 mi | Bailey Lane, Wilton | 4 | Flat | |
£1,700 | 09/24 | 1.15 mi | Bailey Lane, Wilton, Salisbury | 4 | Terraced House | |
£110 | 09/24 | 1.16 mi | Highfield Road, SALISBURY | 1 | House | |
£995 | 11/24 | 1.16 mi | - | 2 | Flat | |
£950 | 09/24 | 1.17 mi | Cherry Close, SALISBURY | 2 | Flat | |
£1,100 | 09/24 | 1.18 mi | Cherry Close, Salisbury, Wiltshire, SP2 7JD | 2 | Flat | |
£1,300 | 09/24 | 1.2 mi | Hart Close, Wilton, Salisbury | 3 | Flat | |
£1,200 | 09/24 | 1.26 mi | Nursery Road, Salisbury | 2 | Flat | |
£1,200 | 09/24 | 1.26 mi | Nursery Road, Salisbury | 2 | Flat | |
£1,050 | 12/23 | 1.28 mi | - | 2 | Terraced House | |
£1,400 | 09/24 | 1.29 mi | Kingsland Road Salisbury SP2 | 3 | Terraced House | |
£1,250 | 09/24 | 1.29 mi | Longland, Salisbury, Wiltshire, SP2 | 3 | Detached House | |
£695 | 09/24 | 1.3 mi | Salisbury | 1 | Flat |
Local Area Statistics
Population in SP2 | 28,82328,823 |
Population in Salisbury | 93,60593,605 |
Town centre distance | 1.83 miles away1.83 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 1.63 miles away1.63 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +11%+11% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +18%+18% |
Property History
Price changed to £220,000
December 26, 2024
Listed for £230,000
November 6, 2024
Sold for £97,500
2001
Floor Plans

Description
- Sale by Modern Auction (T&Cs apply) +
- Subject to an undisclosed Reserve Price +
- Buyers fees apply +
- Semi-detached +
- Three Bedrooms +
- Lounge, Dining Room & Kitchen +
- Driveway parking for Two Cars +
- No Onward Chain +
SUMMARY
A semi-detached house in Shropshire Close, Salisbury. The property, which has no onward chain, has a lounge, dining room, kitchen, three bedrooms and a bathroom. There are front and rear gardens and driveway parking for two cars.
Situated in a popular residential area 3 miles from the city centre.
DESCRIPTION
Offering to the market this semi-detached house in Shropshire Close, Salisbury. In need of modernisation, the property, which has no onward chain, has a lounge, dining room, kitchen, three bedrooms and a bathroom. There are front and rear gardens and driveway parking for two cars.
Shropshire Close is situated 3 miles north east of the city centre in a popular residential area with good local amenities. Access to the city is via the A36 or A360 both of which are served by regular bus services with a bus stop near to the property. Salisbury offers a range of entertainment, shopping and cultural facilities. There is a twice weekly Charter market in the city centre. Salisbury has direct rail services to London Waterloo, Southampton and the West Country and is conveniently located for the New Forest and South Coast.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Porch
Door to lounge.
Lounge 14' 9" x 11' 6" ( 4.50m x 3.51m )
Rear aspect, door to dining room and stairs.
Dining Room 12' 8" x 7' 1" ( 3.86m x 2.16m )
Front aspect, stairs to first floor, door to kitchen.
Kitchen 12' 9" x 7' 1" ( 3.89m x 2.16m )
Comprising wall and base units with work surfaces over, stainless steel sink drainer, space for cooker with extractor over, spaces for washing machine and fridge freezer. Boiler, under stairs storage cupboard. Door to garden, rear aspect
Landing
Doors to bedrooms and bathroom. Rear aspect.
Bedroom One 11' 8" x 8' 8" ( 3.56m x 2.64m )
Built in cupboard housing water tank and central heating controls. Front aspect.
Bedroom Two 9' 5" x 8' 3" ( 2.87m x 2.51m )
Loft access. Front aspect.
Bedroom Three 8' 9" x 5' 11" ( 2.67m x 1.80m )
Rear aspect.
Bathroom
Comprising panel enclosed bath with shower over, pedestal wash hand basin, WC, Rear aspect.
Outside
Front Garden
Path to front door, planted area with mature shrubs.
Rear Garden
Good sized garden enclosed by fencing with gate leading to driveway. Patio adjacent to the back door, ideal for al-fresco dining. The remainder of the garden is mainly laid to lawn with some mature planting. To the rear of the garden, beyond the fence, is a wooded area offering a degree of privacy.
Parking
Driveway parking for two cars.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.