2 Bed Flat, Single Let, Salisbury, SP2 7SZ, £195,000

Sovereign Court, Salisbury, SP2 7SZ - 3 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+8 photos

ValuationFair Value

Sold Prices£120K - £500K
Sold Prices/m²£2.1K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£192,573

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Total Cash In

£55,800

 

 

Cash Out

 

Rent Range

£800 - £1,600

Rent Estimate

£875

Running Costs/mo

£804

Cashflow/mo

£71

Cashflow/yr

£848

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £120K to £500K, average is £190K. £2.1K/m² to £4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£199.9K09/210.13 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/220.13 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/230.13 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£480K06/210.14 miFlat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR2
£205K06/230.14 mi34a, Windsor Road, Salisbury, Wiltshire SP2 7DX2
£178.9K02/210.14 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/230.14 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£340K03/230.16 miFlat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£290K03/230.16 miFlat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£370K06/210.16 miFlat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£500K04/210.16 miFlat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£187.5K04/210.18 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/210.18 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£222.5K06/230.21 mi13, York Road, Salisbury, Wiltshire SP2 7AS2
£240K02/230.21 mi22b, Sidney Street, Salisbury, Wiltshire SP2 7AH2
£198K12/200.23 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£179K03/210.31 miFlat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP2
£350K03/230.39 mi157, The Close, Salisbury, Wiltshire SP1 2EY2
£120K04/230.42 mi71, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K11/200.42 mi34, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K04/230.42 mi52, Archers Court, Salisbury, Wiltshire SP1 3WE2
£175K04/230.42 mi63, Archers Court, Salisbury, Wiltshire SP1 3WE2
£190K02/230.42 mi15, Archers Court, Salisbury, Wiltshire SP1 3WE2
£400K06/230.42 miApartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£290K01/210.42 miApartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£375K06/210.47 mi193, The Close, Salisbury, Wiltshire SP1 2EZ2
£199.9K07/230.48 mi32, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£198K06/210.48 mi38, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£183K07/230.48 mi31, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£185K06/230.48 mi39, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£151.5K06/210.5 mi71, Catherine Street, Salisbury, Wiltshire SP1 2DH2
£153.5K11/210.52 mi45, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£180K06/210.52 mi41, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£175K12/220.52 miFlat 3, Three Cuppes House, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£213K06/230.56 mi6, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£175K06/210.56 mi8, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£140K08/230.57 mi2, Cathedral Court, Salisbury, Wiltshire SP1 2SH2
£210K03/210.59 miGround Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG2
£170K07/210.65 mi22, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£135K01/210.65 mi42, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£172K11/200.65 mi40, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£148K10/210.68 miFlat 1, Elm Court, Elm Grove Road, Salisbury, Wiltshire SP1 1JN2
£178.5K01/230.71 mi24, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£185K11/220.73 mi1, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£160K04/210.73 mi8, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£204K12/220.74 mi17, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£152K05/210.83 mi146, Hollows Close, Harnham, Salisbury, Wiltshire SP2 8LG2
£145K12/200.84 mi172, Hollows Close, Harnham, Salisbury, Wiltshire SP2 8LG2
£245K03/210.84 miFlat 1, Highmount, Shady Bower, Salisbury, Wiltshire SP1 2RE2
£425K02/230.85 mi56, Park Lane, Salisbury, Wiltshire SP1 3NP2

Local Rents

29 rents from £800/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£80003/250.02 mi-2
£1,40012/230.09 mi-2
£1,40012/230.09 mi-2
£1,20009/240.1 miFisherton Street, Salisbury 2
£1,10009/240.11 miChurchfields Road, SALISBURY2
£99509/240.18 miFrancis Court, Spire View2
£1,30010/240.19 mi-2
£1,00009/240.2 miSalisbury2
£1,10009/240.21 miGeorge Street, Salisbury2
£1,25004/250.21 mi-2
£95009/240.22 miSalisbury2
£87509/240.23 miGeorge Street, Salisbury, Wiltshire2
£1,00009/240.23 miSidney Street, Salisbury2
£89509/240.23 mi-2
£95009/240.24 miMeadow Road, Salisbury, SP22
£1,10009/240.26 miChurchfields Road, Salisbury2
£82507/240.38 mi-2
£1,10009/240.38 miSALISBURY - Ashley Road2
£1,40009/240.4 miNew Street, Salisbury2
£1,05012/230.4 mi-2
£1,60009/240.41 miEndless Street Salisbury SP12
£1,05002/250.43 mi-2
£1,60009/240.49 mi-2
£99510/240.53 mi-2
£1,20009/240.53 miNursery Road, Salisbury2
£1,20009/240.53 miNursery Road, Salisbury2
£99509/240.57 mi-2
£1,10009/240.61 miCherry Close, Salisbury, Wiltshire, SP2 7JD2
£95009/240.62 miCherry Close, SALISBURY2

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

0.15 miles away

Nearest school

0.40 miles away

Nearest train station

0.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £195,000

December 26, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Allocated Parking +
  • City Centre Location +
  • Kitchen/ Breakfast Room +
  • Modern Finish +
  • Bathroom +

SUMMARY
This two bedroom top floor apartment in the heart of Salisbury city centre, is set in a quaint gated development off Fisherton Street. With a modern finish throughout the property offers a wealth of benefits including, kitchen/breakfast room, parking for one and great access to local amenities.

DESCRIPTION
This two bedroom top floor apartment in the heart of Salisbury city centre, is set in a quaint gated development off Fisherton Street. With a modern finish throughout the property offers a wealth of benefits including, kitchen/breakfast room, parking for one and great access to local amenities.

Salisbury offers a range of entertainment, shopping and cultural facilities including two cinemas, a theatre and numerous bars and restaurants. There is a twice weekly Charter market in the city centre market square. Salisbury rail station has direct services to London Waterloo, Southampton and the West Country.

Gated Development 
Gated development accessed from Dews Road in Central Salisbury.

Entrance Hall 
Leading to all rooms and walk in storage cupboard, intercom phone.

Kitchen/ Breakfast Room 15' 5" max x 6' 7" max ( 4.70m max x 2.01m max )
Comprising a range of wall and base units with work surface above, drainer sink unit with mixer taps, oven, inset hob unit with concealed hood over, wine fridge, built in and concealed fridge/freezer, space for washing machine, breakfast bar.

Lounge 17' 2" x 10' ( 5.23m x 3.05m )
Front aspect.

Bedroom One 13' 6" max x 10' 5" max ( 4.11m max x 3.17m max )
Side aspect.

Bedroom Two 11' 2" x 8' 7" ( 3.40m x 2.62m )
Side aspect.

Bathroom 
Comprising a panel enclosed bath with shower over, wash hand basin, WC and heated towel rail.

Outside 

Parking 
Allocated parking for one car in the gated development.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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.

Agent Details

Connells, Salisbury

01722 548988

Next Steps?

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