2 Bed Flat, Single Let, Salisbury, SP1 1DL, £250,000

Royal Apartments, Endless Street, Salisbury, SP1 1DL - 2 views - 3 months ago

Leasehold
BTL
~68 m²
+6 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£193,912

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£800 - £1,600

Rent Estimate

£878

Running Costs/mo

£977

Cashflow/mo

£-99

Cashflow/yr

£-1,186

Gross Yield

4%

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.

PriceDateDistanceAddressBeds 
£199.9K07/230.07 mi32, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£198K06/210.07 mi38, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£183K07/230.07 mi31, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£185K06/230.07 mi39, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£153.5K11/210.11 mi45, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£180K06/210.11 mi41, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£175K12/220.11 miFlat 3, Three Cuppes House, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£290K01/210.14 miApartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£400K06/230.14 miApartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£151.5K06/210.2 mi71, Catherine Street, Salisbury, Wiltshire SP1 2DH2
£148K10/210.27 miFlat 1, Elm Court, Elm Grove Road, Salisbury, Wiltshire SP1 1JN2
£340K03/230.28 miFlat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£290K03/230.28 miFlat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£370K06/210.28 miFlat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£500K04/210.28 miFlat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£198K12/200.31 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£178.5K01/230.32 mi24, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£140K08/230.33 mi2, Cathedral Court, Salisbury, Wiltshire SP1 2SH2
£187.5K04/210.33 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/210.33 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£120K04/230.33 mi71, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K11/200.33 mi34, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K04/230.33 mi52, Archers Court, Salisbury, Wiltshire SP1 3WE2
£175K04/230.33 mi63, Archers Court, Salisbury, Wiltshire SP1 3WE2
£190K02/230.33 mi15, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K11/220.33 mi1, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£160K04/210.33 mi8, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£480K06/210.33 miFlat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR2
£204K12/220.34 mi17, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£178.9K02/210.34 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/230.34 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£179K03/210.35 miFlat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP2
£170K07/210.35 mi22, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£135K01/210.35 mi42, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£172K11/200.35 mi40, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£199.9K09/210.37 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/220.37 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/230.37 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£375K06/210.38 mi193, The Close, Salisbury, Wiltshire SP1 2EZ2
£245K03/210.44 miFlat 1, Highmount, Shady Bower, Salisbury, Wiltshire SP1 2RE2
£222.5K06/230.47 mi13, York Road, Salisbury, Wiltshire SP2 7AS2
£350K03/230.47 mi157, The Close, Salisbury, Wiltshire SP1 2EY2
£240K02/230.5 mi22b, Sidney Street, Salisbury, Wiltshire SP2 7AH2
£210K03/210.51 miGround Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG2
£205K06/230.53 mi34a, Windsor Road, Salisbury, Wiltshire SP2 7DX2
£185K08/210.58 mi3, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£185K06/230.58 mi20, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£195K04/230.58 mi28, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£176K06/210.58 mi25, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£127.5K02/210.58 mi8, The Brambles, Salisbury, Wiltshire SP1 3EY2

Local Rents

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

RentDateDistanceAddressBeds 
£1,60009/240.01 miEndless Street Salisbury SP12
£1,60009/240.18 mi-2
£1,40009/240.19 miNew Street, Salisbury2
£1,20009/240.27 miElm Grove Road, Salisbury, Wiltshire2
£1,15001/250.31 mi-2
£1,20009/240.31 miFisherton Street, Salisbury 2
£82509/240.33 miSALISBURY - Milford Hill2
£95009/240.33 miSalisbury2
£99509/240.33 miFrancis Court, Spire View2
£1,40012/230.34 mi-2
£1,40012/230.34 mi-2
£1,20009/240.36 miPark Street, Salisbury2
£80003/250.39 mi-2
£99509/240.41 miEstcourt Road, Salisbury2
£1,10009/240.42 miGeorge Street, Salisbury2
£87509/240.43 miGeorge Street, Salisbury, Wiltshire2
£95009/240.48 miMeadow Road, Salisbury, SP22
£89509/240.49 mi-2
£1,00009/240.5 miSidney Street, Salisbury2
£1,30010/240.51 mi-2
£1,10009/240.52 miChurchfields Road, SALISBURY2
£1,25004/250.56 mi-2
£1,00009/240.61 miSalisbury2

Local Area Statistics

Population in SP1

21,621

Population in Salisbury

93,605

Town centre distance

0.38 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+49%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £250,000

January 16, 2025

Floor Plans

Description

  • CITY CENTRE LOCATION +
  • MODERN HIGH SPECIFICATION APARTMENT +
  • TWO DOUBLE BEDROOMS +
  • STYLISH FULLY FITTED KITCHEN +
  • OPEN PLAN LIVING/KITCHEN SPACE +
  • BATHROOM WITH FOUR PIECE SUITE +
  • QUOTE REF: AB0301 +

* GUIDE PRICE - £250K - £270k * Located in the heart of Salisbury city centre, this modern first floor apartment is exceptionally well presented and finished to a high specification throughout.   The property boasts spacious and well-arranged accommodation throughout including the communal entrance hall which is accessed via two electronically secured doors and video entry system. A private entrance hall with doors leads to the stunning open plan living space featuring a stylish fully fitted kitchen with integrated appliances, generously sized living area, two large double bedrooms and the contemporary bathroom fitted with luxury four piece suite. The property is presented in the highest order throughout and must be viewed to appreciate the size and standard of finish.   The property is ideally situated a short walk from Salisbury City centre which has regionally recognised retail, cultural and educational establishments, as well as a range of award winning restaurants and bars. The property is within walking distance of these as well as being in a prime position to reach both Bishops Wordsworth's & South Wilts Grammar Schools, and Salisbury Cathedral School, Leaden Hall, Chafyn Grove, Leehurst Swan, Godolphin School and it's Preparatory School. Salisbury train station offers direct links to London Waterloo in 83 minutes.

Agent Details

eXp UK, South West

03304 609968

Next Steps?

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