2 Bed Terraced House, Single Let, Salisbury, SP1 1EE, £237,500

Salt Lane, Salisbury, SP1 1EE - 3 views - 3 months ago

Sold STC
BTL
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£150K - £392.5K
Sold Prices/m²£2.6K/m² - £6.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£254,281
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£59,375

Stamp Duty & Legal Fees

£8,325

Total Cash In

£67,700

 

 

Cash Out

 

Rent Range

£800 - £1,600

Rent Estimate

£850

Running Costs/mo

£932

Cashflow/mo

£-82

Cashflow/yr

£-986

Gross Yield

4%

Local Sold Prices

51 sold prices from £150K to £392.5K, average is £250K. £2.6K/m² to £6.2K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£240K01/230.02 mi60, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EQ2
£218K10/200.03 mi58, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EQ2
£280K04/210.03 mi68, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EQ2
£182.5K11/220.04 mi37, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£263K12/220.07 mi11, Greencroft Street, Salisbury, Wiltshire SP1 1JF2
£250K05/230.07 mi19, Greencroft Street, Salisbury, Wiltshire SP1 1JF2
£250K02/230.08 mi38, Greencroft Street, Salisbury, Wiltshire SP1 1JE2
£285K01/230.1 mi15, The Greencroft, Salisbury, Wiltshire SP1 1JD2
£190K04/210.12 mi27, Pennyfarthing Street, Salisbury, Wiltshire SP1 1HJ2
£262.5K01/230.2 mi11, College Street, Salisbury, Wiltshire SP1 3AL2
£200K03/230.2 mi4, Hillview Road, Salisbury, Wiltshire SP1 1HX2
£200K08/230.2 mi11, Hillview Road, Salisbury, Wiltshire SP1 1HX2
£250.6K12/220.21 mi55, Elm Grove Road, Salisbury, Wiltshire SP1 1JW2
£280K06/210.24 mi29, Park Street, Salisbury, Wiltshire SP1 3AT2
£350K09/210.26 mi76, Park Street, Salisbury, Wiltshire SP1 3AU2
£295K08/230.26 mi29, Rampart Road, Salisbury, Wiltshire SP1 2LU2
£344K02/230.26 mi68, Park Street, Salisbury, Wiltshire SP1 3AU2
£205K11/200.27 mi13, Milford Hill, Salisbury, Wiltshire SP1 2QX2
£230K02/210.29 mi2, Fairview Road, Salisbury, Wiltshire SP1 1JX2
£239.5K04/230.29 mi5, Fairview Road, Salisbury, Wiltshire SP1 1JX2
£222K07/230.3 mi131, Love Lane, Salisbury, Wiltshire SP1 2BG2
£222K07/230.3 mi131, Love Lane, Salisbury, Wiltshire SP1 2BG2
£237.5K06/210.32 mi13, Hamilton Road, Salisbury, Wiltshire SP1 3TF2
£215K02/230.32 mi92, St Marks Road, Salisbury, Wiltshire SP1 3AZ2
£350K08/230.32 mi40, St Marks Road, Salisbury, Wiltshire SP1 3AZ2
£325K01/210.33 mi5, Tollgate Road, Salisbury, Wiltshire SP1 2JA2
£227K05/210.34 mi3, Wyndham Park, Salisbury, Wiltshire SP1 3BA2
£392.5K02/210.34 mi76, St Ann Street, Salisbury, Wiltshire SP1 2DX2
£256K11/210.35 mi12, St Ann Street, Salisbury, Wiltshire SP1 2DN2
£275K10/220.36 mi19, Laverstock Road, Salisbury, Wiltshire SP1 1LE2
£220K06/210.36 mi3, Greens Court, Salisbury, Wiltshire SP1 2SX2
£275K10/200.36 mi57, Hamilton Road, Salisbury, Wiltshire SP1 3TF2
£295K09/210.36 mi37, Hamilton Road, Salisbury, Wiltshire SP1 3TF2
£150K06/230.38 mi46, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£245K06/210.41 mi14, Water Lane, Salisbury, Wiltshire SP2 7TE2
£325K01/230.41 mi14, Water Lane, Salisbury, Wiltshire SP2 7TE2
£227.5K03/210.46 mi30, Friary Lane, Salisbury, Wiltshire SP1 2HA2
£250K12/200.46 mi30, St Pauls Road, Salisbury, Wiltshire SP2 7BH2
£265K08/210.47 mi15, South Street, Salisbury, Wiltshire SP2 7SE2
£202.5K05/210.47 miOrchard Cottage, Friary Lane, Salisbury, Wiltshire SP1 2HA2
£271K04/230.47 mi7, South Street, Salisbury, Wiltshire SP2 7SE2
£253K06/230.48 mi4, Grange Gardens, Salisbury, Wiltshire SP1 3DG2
£248K04/230.49 mi4, Middleton Road, Salisbury, Wiltshire SP2 7AY2
£250K09/210.49 mi6, St Pauls Road, Salisbury, Wiltshire SP2 7AG2
£227.5K01/210.49 mi14, Dews Road, Salisbury, Wiltshire SP2 7SN2
£279.9K01/210.5 mi6, Marina Road, Salisbury, Wiltshire SP1 2JN2
£240K05/230.5 mi52, York Road, Salisbury, Wiltshire SP2 7AT2
£215K10/200.53 mi14, George Street, Salisbury, Wiltshire SP2 7BA2
£275K02/230.53 mi20, George Street, Salisbury, Wiltshire SP2 7BA2
£260K08/210.55 mi12, Butts Road, Salisbury, Wiltshire SP1 3ND2
£222.5K01/210.56 mi4, James Street, Salisbury, Wiltshire SP2 7AL2

Local Rents

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

RentDateDistanceAddressBeds 
£1,60009/240.11 miEndless Street Salisbury SP12
£1,20009/240.17 miElm Grove Road, Salisbury, Wiltshire2
£1,60009/240.24 mi-2
£1,20009/240.26 miPark Street, Salisbury2
£82509/240.27 miSALISBURY - Milford Hill2
£1,15001/250.27 mi-2
£1,40009/240.29 miNew Street, Salisbury2
£99509/240.3 miEstcourt Road, Salisbury2
£95009/240.39 miSalisbury2
£99509/240.4 miFrancis Court, Spire View2
£1,20009/240.41 miFisherton Street, Salisbury 2
£1,40012/230.43 mi-2
£1,40012/230.43 mi-2
£1,10009/240.48 miGeorge Street, Salisbury2
£80003/250.49 mi-2
£87509/240.49 miGeorge Street, Salisbury, Wiltshire2
£95009/240.54 miMeadow Road, Salisbury, SP22
£89509/240.56 mi-2
£1,00009/240.57 miSidney Street, Salisbury2
£1,30010/240.58 mi-2
£1,10009/240.62 miChurchfields Road, SALISBURY2

Local Area Statistics

Population in SP1

21,621

Population in Salisbury

93,605

Town centre distance

0.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+49%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £237,500

January 8, 2025

Description

  • TWO BEDROOM VICTORIAN PROPERTY +
  • TWO RECEPTION ROOMS +
  • ENCLOSED COURTYARD GARDEN +
  • NO FORWARD CHAIN +

A two storey, two bedroom property in the heart of Salisbury city centre. Situated in a quiet street, the house is within walking distance of all local shops, bars and restaurants and is offered with no forward chain.

EPC Rating: D

Agent Details

Carter & May, Salisbury

01722 548831

Next Steps?

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