2 Bed Flat, Single Let, Salisbury, SP1 1DP, £189,000

Endless Street, Salisbury ***UNDER OFFER***, SP1 1DP - 3 views - 3 months ago

Sold STC

BTL

ROI: 2%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£120K - £500K
Sold Prices/m²	£2K/m² - £3.7K/m²

Square Metres	~68.11 m²
Price/m²	£2.8K/m²
Value Estimate	£193,912£193,912
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£47,250£47,250
Stamp Duty & Legal Fees	£6,870£6,870
Total Cash In	£54,120£54,120

Cash Out
Rent Range	£800 - £1,600£800 - £1,600
Rent Estimate	£863
Running Costs/mo	£783£783
Cashflow/mo	£80£80
Cashflow/yr	£957£957
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £120K to £500K, average is £188.8K. £2K/m² to £3.7K/m², average is £2.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£290K	01/21	0.07 mi	Apartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH	-	-	2	Flat
£400K	06/23	0.08 mi	Apartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH	£3,226	124	2	Flat
£199.9K	07/23	0.1 mi	32, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER	£2,827	71	2	Flat
£198K	06/21	0.1 mi	38, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER	£2,955	67	2	Flat
£183K	07/23	0.1 mi	31, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER	£2,764	66	2	Flat
£185K	06/23	0.1 mi	39, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER	£2,891	64	2	Flat
£153.5K	11/21	0.12 mi	45, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF	-	-	2	Flat
£180K	06/21	0.12 mi	41, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF	£3,333	54	2	Flat
£175K	12/22	0.13 mi	Flat 3, Three Cuppes House, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF	-	-	2	Flat
£151.5K	06/21	0.26 mi	71, Catherine Street, Salisbury, Wiltshire SP1 2DH	£2,085	73	2	Flat
£148K	10/21	0.27 mi	Flat 1, Elm Court, Elm Grove Road, Salisbury, Wiltshire SP1 1JN	-	-	2	Flat
£120K	04/23	0.27 mi	71, Archers Court, Salisbury, Wiltshire SP1 3WE	-	-	2	Flat
£210K	11/20	0.27 mi	34, Archers Court, Salisbury, Wiltshire SP1 3WE	£3,684	57	2	Flat
£185K	04/23	0.27 mi	52, Archers Court, Salisbury, Wiltshire SP1 3WE	£3,246	57	2	Flat
£175K	04/23	0.27 mi	63, Archers Court, Salisbury, Wiltshire SP1 3WE	£2,612	67	2	Flat
£190K	02/23	0.27 mi	15, Archers Court, Salisbury, Wiltshire SP1 3WE	£3,276	58	2	Flat
£198K	12/20	0.28 mi	Flat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB	-	-	2	Flat
£179K	03/21	0.3 mi	Flat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP	-	-	2	Flat
£187.5K	04/21	0.31 mi	Flat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE	-	-	2	Flat
£160K	03/21	0.31 mi	Flat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE	-	-	2	Flat
£340K	03/23	0.31 mi	Flat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX	-	-	2	Flat
£290K	03/23	0.31 mi	Flat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX	-	-	2	Flat
£370K	06/21	0.31 mi	Flat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX	-	-	2	Flat
£500K	04/21	0.31 mi	Flat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX	-	-	2	Flat
£178.9K	02/21	0.33 mi	Flat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB	-	-	2	Flat
£190K	01/23	0.33 mi	Flat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB	-	-	2	Flat
£199.9K	09/21	0.36 mi	Flat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA	-	-	2	Flat
£207K	11/22	0.36 mi	Flat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA	-	-	2	Flat
£200K	06/23	0.36 mi	Flat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA	-	-	2	Flat
£480K	06/21	0.36 mi	Flat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR	-	-	2	Flat
£178.5K	01/23	0.36 mi	24, Methuen Drive, Salisbury, Wiltshire SP1 2QH	£2,819	63	2	Flat
£185K	11/22	0.36 mi	1, Methuen Drive, Salisbury, Wiltshire SP1 2QH	£2,534	73	2	Flat
£160K	04/21	0.36 mi	8, Methuen Drive, Salisbury, Wiltshire SP1 2QH	-	-	2	Flat
£204K	12/22	0.37 mi	17, Methuen Drive, Salisbury, Wiltshire SP1 2QH	£3,118	65	2	Flat
£140K	08/23	0.39 mi	2, Cathedral Court, Salisbury, Wiltshire SP1 2SH	£2,500	56	2	Flat
£170K	07/21	0.41 mi	22, St Ann Place, Salisbury, Wiltshire SP1 2SU	£2,773	61	2	Flat
£135K	01/21	0.41 mi	42, St Ann Place, Salisbury, Wiltshire SP1 2SU	£2,250	60	2	Flat
£172K	11/20	0.41 mi	40, St Ann Place, Salisbury, Wiltshire SP1 2SU	£2,867	60	2	Flat
£222.5K	06/23	0.44 mi	13, York Road, Salisbury, Wiltshire SP2 7AS	£3,179	70	2	Flat
£375K	06/21	0.45 mi	193, The Close, Salisbury, Wiltshire SP1 2EZ	-	-	2	Flat
£210K	03/21	0.45 mi	Ground Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG	-	-	2	Flat
£245K	03/21	0.47 mi	Flat 1, Highmount, Shady Bower, Salisbury, Wiltshire SP1 2RE	-	-	2	Flat
£240K	02/23	0.48 mi	22b, Sidney Street, Salisbury, Wiltshire SP2 7AH	-	-	2	Flat
£205K	06/23	0.52 mi	34a, Windsor Road, Salisbury, Wiltshire SP2 7DX	£2,733	75	2	Flat
£350K	03/23	0.52 mi	157, The Close, Salisbury, Wiltshire SP1 2EY	-	-	2	Flat
£127.5K	02/21	0.54 mi	8, The Brambles, Salisbury, Wiltshire SP1 3EY	£1,992	64	2	Flat
£185K	08/21	0.6 mi	3, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ	£3,083	60	2	Flat
£185K	06/23	0.6 mi	20, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ	£2,761	67	2	Flat
£195K	04/23	0.6 mi	28, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ	£2,868	68	2	Flat
£176K	06/21	0.6 mi	25, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ	£2,695	65	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,600	09/24	0.06 mi	Endless Street Salisbury SP1	2	Flat
£1,600	09/24	0.25 mi	-	2	Flat
£1,400	09/24	0.26 mi	New Street, Salisbury	2	Flat
£1,200	09/24	0.27 mi	Elm Grove Road, Salisbury, Wiltshire	2	Flat
£950	09/24	0.3 mi	Salisbury	2	Flat
£995	09/24	0.31 mi	Francis Court, Spire View	2	Flat
£1,200	09/24	0.32 mi	Park Street, Salisbury	2	Terraced House
£1,200	09/24	0.32 mi	Fisherton Street, Salisbury	2	Flat
£1,400	12/23	0.33 mi	-	2	Flat
£1,400	12/23	0.33 mi	-	2	Flat
£1,150	01/25	0.35 mi	-	2	Flat
£825	09/24	0.36 mi	SALISBURY - Milford Hill	2	Terraced House
£995	09/24	0.37 mi	Estcourt Road, Salisbury	2	Flat
£1,100	09/24	0.39 mi	George Street, Salisbury	2	Terraced House
£800	03/25	0.4 mi	-	2	Flat
£875	09/24	0.4 mi	George Street, Salisbury, Wiltshire	2	Terraced House
£950	09/24	0.45 mi	Meadow Road, Salisbury, SP2	2	Flat
£895	09/24	0.46 mi	-	2	Terraced House
£1,000	09/24	0.48 mi	Sidney Street, Salisbury	2	Terraced House
£1,300	10/24	0.49 mi	-	2	Flat
£1,100	09/24	0.53 mi	Churchfields Road, SALISBURY	2	House
£1,250	03/25	0.54 mi	-	2	Flat
£1,100	09/24	0.59 mi	SALISBURY - Ashley Road	2	Detached House
£1,000	09/24	0.62 mi	Salisbury	2	Terraced House

Local Area Statistics

Population in SP1	21,62121,621
Population in Salisbury	93,60593,605
Town centre distance	0.41 miles away0.41 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.48 miles away0.48 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+49%+49%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+9%+9%

Property History

Listed for £189,000

January 6, 2025

Floor Plans

Description

UNDER OFFER +
Two-Bedroom First-Floor Flat +
Excellent Central Location +
Gas Central Heating +
Open-Plan Kitchen/Sitting/Dining Room +
Ample Built-in Storage Solutions +
Integrated Kitchen Appliances +
Large Windows for Natural Lighting +
Contemporary Styling Throughout +
Council Tax Band - B +

*WATCH THE VIDEO TOUR* A superb two-bedroom first-floor flat occupying a central position within the heart of Salisbury. The accommodation is naturally lit throughout thanks to the large sash windows, and offers practical contemporary features including integrated kitchen appliances, gas central heating, and a range of built-in storage. The property comprises a dual-aspect open-plan kitchen/sitting/dining room with space for dedicated kitchen and reception areas, two well-proportioned bedrooms, and a shower room. Prospective buyers will benefit from the range of amenities on its doorstep with the city centre within comfortable reach. With a tenant in situ, this property would make a great opportunity for a buy-to-let investor to start or expand their portfolio, or perhaps make an ideal lock-up-and-leave.

Agent Details

Oliver Chandler, Salisbury

01722 548959

Next Steps?

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