2 Bed Flat, Single Let, Salisbury, SP2 7JH, £170,000

147 Wilton Road, Salisbury, SP2 7JH - 3 months ago

Sold STC
Leasehold
BTL
ROI: 1%
54 m²
+4 photos

ValuationFair Value

Sold Prices£110K - £500K
Sold Prices/m²£1.6K/m² - £4K/m²

 

 

Square Metres

53.52 m²
Price/m²£3.2K/m²

Value Estimate

£168,967

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£750 - £1,300

Rent Estimate

£763

Running Costs/mo

£704

Cashflow/mo

£59

Cashflow/yr

£710

ROI

1%

Gross Yield

5%

Local Sold Prices

29 sold prices from £110K to £500K, average is £200K. £1.6K/m² to £4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£213K06/230.22 mi6, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£175K06/210.22 mi8, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£180K12/220.26 mi48, Roman Road, Salisbury, Wiltshire SP2 9BN2
£205K06/230.53 mi34a, Windsor Road, Salisbury, Wiltshire SP2 7DX2
£240K02/230.56 mi22b, Sidney Street, Salisbury, Wiltshire SP2 7AH2
£222.5K06/230.6 mi13, York Road, Salisbury, Wiltshire SP2 7AS2
£199.9K09/210.68 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/220.68 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/230.68 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£178.9K02/210.71 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/230.71 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£187.5K04/210.73 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/210.73 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£198K12/200.76 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£179K03/210.78 miFlat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP2
£480K06/210.79 miFlat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR2
£340K03/230.82 miFlat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£290K03/230.82 miFlat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£370K06/210.82 miFlat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£500K04/210.82 miFlat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£120K04/230.89 mi71, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K11/200.89 mi34, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K04/230.89 mi52, Archers Court, Salisbury, Wiltshire SP1 3WE2
£175K04/230.89 mi63, Archers Court, Salisbury, Wiltshire SP1 3WE2
£190K02/230.89 mi15, Archers Court, Salisbury, Wiltshire SP1 3WE2
£110K06/230.94 mi19, Hazel Close, Salisbury, Wiltshire SP2 9JJ2
£425K02/230.94 mi56, Park Lane, Salisbury, Wiltshire SP1 3NP2
£210K03/210.95 miGround Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG2
£350K03/230.96 mi157, The Close, Salisbury, Wiltshire SP1 2EY2

Local Rents

24 rents from £750/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£95009/240.07 miCherry Close, SALISBURY2
£1,10009/240.07 miCherry Close, Salisbury, Wiltshire, SP2 7JD2
£1,20009/240.16 miNursery Road, Salisbury2
£1,20009/240.16 miNursery Road, Salisbury2
£1,05002/250.23 mi-2
£1,10010/240.25 mi-2
£1,00009/240.25 miLower Road, SALISBURY2
£1,30009/240.33 miIndia Avenue, Salisbury2
£99510/240.33 mi-2
£99509/240.34 mi-2
£1,05012/230.36 mi-2
£1,10009/240.43 miChurchfields Road, Salisbury2
£82507/240.44 mi-2
£1,25004/250.5 mi-2
£1,10009/240.51 miSALISBURY - Ashley Road2
£1,00009/240.51 miSalisbury2
£1,30010/240.55 mi-2
£75009/240.55 mi-2
£75009/240.55 mi-2
£78507/240.55 mi-2
£1,00009/240.57 miSidney Street, Salisbury2
£89509/240.58 mi-2
£1,10009/240.59 miChurchfields Road, SALISBURY2
£95009/240.6 miMeadow Road, Salisbury, SP22

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

0.78 miles away

Nearest school

0.10 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £170,000

January 16, 2025

Floor Plans

Description

  • Spacious Ground Floor Flat +
  • 2 Good Size Bedrooms +
  • Well Equipped Kitchen +
  • Lounge/Dining Area +
  • Bathroom +
  • Gas Central Heating +
  • Double Glazing +
  • Private Off Road Parking +
  • Close to the city centre and railway station. +
  • Vacant Possession +

Located just outside the ring road, Flat 1B 147 Wilton Road is conveniently placed for access to the railway station, city centre and local amenities including two supermarkets. Flat 1b is an interesting contemporary conversion within a substantial former townhouse; it  occupies the lower ground floor/basement area with light and airy accommodation which is well laid out and surprisingly spacious. There is sizeable entrance hall, inner hall, generous living area with French doors out to a private garden and open plan access to a recently refurbished kitchen.

There are two good size bedrooms, bathroom and a separate cloakroom. The rear garden is fully enclosed with a paved patio and gravelled area off the living room.  Rear pedestrian access.  Private off road parking. The main entrance to flat 1B is over a  gravelled path from the parking area.   The property is offered for sale with immediate vacant possession.

TENURE AND SERVICES:   Tenure:  Leasehold with the residue of a 999 year lease dated 2004.  Local Authority: Wiltshire Council. Council Tax Band B: £1,964.62 for year 2024/2025.

Ground Rent: £50.00 per annum.  Maintenance Charge:  Works undertaken under the maintenance and service charge  agreement are apportioned appropriately between each of the apartments.

LOCATION: The property is located just outside the ring road with easy access to local amenities and a short walk to the city centre. The attractive cathedral city of Salisbury has extensive shopping facilities, a thriving, twice weekly market and a good range of social and educational amenities including restaurants, theatre, arts centre, cinema and both state and private, primary and secondary schools within and outside the city boundary. Leisure and recreational facilities include the Five Rivers Leisure Centre, private members  gymnasiums, golf club, recreation ground and three tennis clubs. Salisbury has good road links to London (A303), Southampton (A36) and Bournemouth (A338) and the mainline railway station, a short walk away, serves London, Waterloo (journey time 90 minutes) and the West Country.

DIRECTIONS: From the centre of Salisbury proceed along Castle Street to the main roundabout turning left  onto the A36 Churchill Way West.  At the next roundabout take the second exit still following the A36 Wilton Road and continue passing the Police Station which is located on the right hand side. After a short distance, the post office and general store can be found on the left hand side.  Immediately to the right is the access to 147 Wilton Road.

Agent Details

Baxters Property & Land Agents, Salisbury

01722 548820

Next Steps?

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