3 Bed Detached House, Refurb/BRRR, Salisbury, SP2 0DT, £375,000

375,000 Shaftesbury Road, Wilton, Salisbury - 4 months ago

Sold STC
Refurb/BRRR
Planning
~126 m²
+4 photos

ValuationFair Value

Sold Prices£200K - £495K
Sold Prices/m²£1.8K/m² - £4.8K/m²

 

 

Square Metres

~125.50 m²
Price/m²£3K/m²

Value Estimate

£382,500

 

 

End Value (After Refurb)

£357,326

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£51,280

Bridging Loan Interest

£9,844

Total Cash In

£185,323

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£357,326

Mortgage (After Refinance)

£267,995

Mortgage LTV

75%

Cash Left In

£185,323

Equity

£89,332

Rent Range

£675 - £10,000

Rent Estimate

£1,239

Running Costs/mo

£1,384

Cashflow/mo

£-145

Cashflow/yr

£-1,745

Gross Yield

4%

Local Sold Prices

24 sold prices from £200K to £495K, average is £298.8K. £1.8K/m² to £4.8K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£310K11/200.05 mi3, Saddlers Mead, Wilton, Salisbury, Wiltshire SP2 0DE3
£340K03/210.05 mi5, Saddlers Mead, Wilton, Salisbury, Wiltshire SP2 0DE3
£380K08/230.05 mi33, Saddlers Mead, Wilton, Salisbury, Wiltshire SP2 0DE3
£295K01/210.05 mi3, Victoria Close, Wilton, Salisbury, Wiltshire SP2 0ET3
£495K12/200.06 mi3, Victoria Road, Wilton, Salisbury, Wiltshire SP2 0DZ3
£295K07/210.08 mi19, Victoria Road, Wilton, Salisbury, Wiltshire SP2 0DZ3
£350K07/230.13 mi7, Florence Mews, Wilton, Salisbury, Wiltshire SP2 0FE3
£300K08/230.13 mi18, St Johns Square, Wilton, Salisbury, Wiltshire SP2 0DW3
£200K06/210.25 mi66, The Hollows, Wilton, Salisbury, Wiltshire SP2 0JE3
£255K11/200.25 mi100, The Hollows, Wilton, Salisbury, Wiltshire SP2 0JE3
£210K06/210.36 mi7, Wishford Road, Wilton, Salisbury, Wiltshire SP2 0JG3
£229.9K10/210.36 mi19, Wishford Road, Wilton, Salisbury, Wiltshire SP2 0JG3
£266.5K11/200.36 mi12, Wishford Road, Wilton, Salisbury, Wiltshire SP2 0JG3
£297.5K10/210.48 mi3, Seagrim Road, Wilton, Salisbury, Wiltshire SP2 0JY3
£214.5K10/200.48 mi4, Seagrim Road, Wilton, Salisbury, Wiltshire SP2 0JY3
£240.5K03/210.52 mi40, Wishford Road, Wilton, Salisbury, Wiltshire SP2 0JQ3
£220K06/210.54 mi20, Randalls Croft Road, Wilton, Salisbury, Wiltshire SP2 0EX3
£340K09/210.56 mi73, Bulbridge Road, Wilton, Salisbury, Wiltshire SP2 0LE3
£230K03/210.61 mi22, Fair View Road, Wilton, Salisbury, Wiltshire SP2 0BX3
£370K12/220.63 mi30, Bulbridge Road, Wilton, Salisbury, Wiltshire SP2 0LG3
£375K12/200.63 mi33, Bulbridge Road, Wilton, Salisbury, Wiltshire SP2 0LG3
£345K05/210.69 mi24a, Bulbridge Road, Wilton, Salisbury, Wiltshire SP2 0LG3
£347.5K11/210.71 mi24, Bulbridge Road, Wilton, Salisbury, Wiltshire SP2 0LQ3
£310K10/200.84 mi4, Maple Crescent, Wilton, Salisbury, Wiltshire SP2 0BW3

Local Rents

56 rents from £675/mo to £10K/mo, average is £973/mo.

RentDateDistanceAddressBeds 
£87509/240.09 miWILTON - Waterditchampton2
£79509/240.22 mi-1
£85002/250.22 mi-1
£72509/240.3 miSouth Street, Wilton1
£80012/240.3 mi-1
£80012/240.3 mi-1
£1,00012/240.3 mi-2
£1,00012/240.3 mi-2
£85001/250.3 mi-1
£99501/250.32 mi-2
£99501/250.32 mi-2
£87503/240.32 mi-1
£69510/240.33 mi-1
£70011/240.33 mi-1
£87509/240.33 mi-1
£10,00009/240.34 miSouth Street, Wilton, Salisbury, SP211
£89509/240.35 mi-2
£1,00009/240.36 miNorth Street, SP22
£1,25009/240.36 miWishford Road, Water Ditchampton, Wilton, SP23
£72309/240.42 mi-1
£99509/240.51 miKings Gate, Wilton2
£67510/240.52 mi-1
£82502/240.59 mi-2
£1,30009/240.64 miHart Close, Wilton, Salisbury3
£1,70009/240.69 miBailey Lane, Wilton, Salisbury4
£1,60009/240.71 miBailey Lane, Wilton4
£1,05009/241.04 miTemperance Cottages, Quidhampton, SP22
£90003/251.08 mi-1
£1,55009/241.14 miSovereign Close, Quidhampton, Salisbury4
£1,15009/241.24 miNetherhampton, Salisbury2
£85009/241.48 mi-2
£85009/241.48 mi-2
£1,00405/241.51 mi-3
£1,40004/251.7 mi-3
£1,50009/241.71 mi-3
£1,65009/241.75 miWyvern Row, SALISBURY5
£1,35002/251.75 mi-3
£82509/241.76 miRambridge Crescent, Salisbury2
£92509/241.78 miFlat 7 Ramleaze Drive2
£73509/241.78 mi-1
£78502/251.78 mi-1
£80009/241.78 miSheen Close, SALISBURY1
£1,60009/241.83 miSalisbury, Wiltshire3
£1,50009/241.85 miAngler Road, Salisbury, SP24
£75009/241.88 mi-2
£75009/241.88 mi-2
£78507/241.88 mi-2
£1,72509/241.98 miQueen Alexandra Road Salisbury SP24
£1,60009/242.06 mi-4
£1,60009/242.06 mi-4
£1,15009/242.07 miSALISBURY - Heath Road3
£1,10010/242.07 mi-2
£1,00009/242.09 miLower Road, SALISBURY2
£72509/242.19 miMarmot Cottage, 48a Roman Road1
£1,60009/242.25 mi-5
£95009/242.36 miCherry Close, SALISBURY2

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

3.06 miles away

Nearest school

0.30 miles away

Nearest train station

2.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £375,000

December 4, 2024

Floor Plans

Description

  • No onward chain +
  • Detached property with driveway parking for two cars +
  • Secure, sunny garden with side access +
  • Three bright and spacious double bedrooms +
  • Large walk-in shower and separate upstairs toilet +
  • Downstairs cloakroom/WC +
  • Practical kitchen with a large larder cupboard +
  • Bright living spaces with potential to modernise +
  • Conservatory overlooking the garden +
  • Garage with potential for internal access +

As you walk into the welcoming hallway, you'll find there is ample space for coats and shoes, along with a convenient cloakroom.
The kitchen is clean and functional with plenty of storage including a larder cupboard, and has large windows that flood the room with natural light. Adjacent to the kitchen is a separate dining room but the removal of a single kitchen cabinet would allow these two rooms to be linked together. A door from the dining room leads to a conservatory, which is a lovely space to enjoy views of the south-facing garden.

The sitting room, with its full width window, is bright and inviting with a stone fireplace that could be re-opened.
Upstairs, the house has three generously sized double bedrooms, all flooded with natural light. The front-facing main bedroom can easily accommodate a king size bed and also has a built-in wardrobe.

Two further double bedrooms, both with a built-in wardrobes, overlook the garden at the rear. The shower room with a walk-in shower and basin also has a large and useful airing cupboard. There is a separate WC, making it practical for a busy household. The landing is bright and airy with a two further storage cupboards.

Outside, the secure and sunny garden is perfect for family activities or relaxation, with two storage sheds and a side access gate. There is driveway parking for two cars and a single garage and there is scope to create direct internal access to the garage from the house, if desired (subject to the relevant building consents.) The property's layout and plot offer exciting possibilities for extension or modernisation, subject to planning permissions.

Located in the heart of Wilton, this home is minutes from local amenities, with the library, GP, dentist, post office, shops and pubs just a short walk away. For those who enjoy dining out, The Greyhound and Pembroke Arms provide excellent food, and both have accommodation for visiting guests.

Nature lovers will appreciate the easy access to Grovely Woods and other local walking routes offering wonderful options for weekend adventures. The property is also well-served by public transport, with two bus stops close by and excellent road links for commuting. This home offers the chance to enjoy both community life and a convenient, countryside-like setting, making it ideal for growing families

Council Tax Band: D (Wiltshire County Council)
Tenure: Freehold

Agent Details

Piccolo Property Sales and Lettings, Salisbury

01729 810621

Next Steps?

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