2 Bed Terraced House, Single Let, Salisbury, SP1 2QX, £225,000

Milford Hill, Salisbury, SP1 2QX - 2 views - 2 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£150K - £392.5K
Sold Prices/m²£2.6K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£249,998
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£825 - £1,600

Rent Estimate

£996

Running Costs/mo

£922

Cashflow/mo

£74

Cashflow/yr

£884

ROI

1%

Gross Yield

5%

Local Sold Prices

51 sold prices from £150K to £392.5K, average is £250K. £2.6K/m² to £6K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£205K11/200.02 mi13, Milford Hill, Salisbury, Wiltshire SP1 2QX2
£200K03/230.05 mi4, Hillview Road, Salisbury, Wiltshire SP1 1HX2
£200K08/230.05 mi11, Hillview Road, Salisbury, Wiltshire SP1 1HX2
£295K08/230.06 mi29, Rampart Road, Salisbury, Wiltshire SP1 2LU2
£325K01/210.09 mi5, Tollgate Road, Salisbury, Wiltshire SP1 2JA2
£250.6K12/220.15 mi55, Elm Grove Road, Salisbury, Wiltshire SP1 1JW2
£392.5K02/210.17 mi76, St Ann Street, Salisbury, Wiltshire SP1 2DX2
£190K04/210.17 mi27, Pennyfarthing Street, Salisbury, Wiltshire SP1 1HJ2
£250K02/230.18 mi38, Greencroft Street, Salisbury, Wiltshire SP1 1JE2
£222K07/230.18 mi131, Love Lane, Salisbury, Wiltshire SP1 2BG2
£222K07/230.18 mi131, Love Lane, Salisbury, Wiltshire SP1 2BG2
£285K01/230.18 mi15, The Greencroft, Salisbury, Wiltshire SP1 1JD2
£250K05/230.19 mi19, Greencroft Street, Salisbury, Wiltshire SP1 1JF2
£263K12/220.19 mi11, Greencroft Street, Salisbury, Wiltshire SP1 1JF2
£182.5K11/220.21 mi37, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£150K06/230.24 mi46, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£220K06/210.24 mi3, Greens Court, Salisbury, Wiltshire SP1 2SX2
£275K10/220.24 mi19, Laverstock Road, Salisbury, Wiltshire SP1 1LE2
£240K01/230.26 mi60, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EQ2
£279.9K01/210.26 mi6, Marina Road, Salisbury, Wiltshire SP1 2JN2
£218K10/200.27 mi58, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EQ2
£280K04/210.27 mi68, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EQ2
£256K11/210.28 mi12, St Ann Street, Salisbury, Wiltshire SP1 2DN2
£230K02/210.3 mi2, Fairview Road, Salisbury, Wiltshire SP1 1JX2
£239.5K04/230.3 mi5, Fairview Road, Salisbury, Wiltshire SP1 1JX2
£230K04/210.33 mi41, Waterloo Road, Salisbury, Wiltshire SP1 2JR2
£262.5K01/230.35 mi11, College Street, Salisbury, Wiltshire SP1 3AL2
£235K07/210.36 mi7, Polden Road, Salisbury, Wiltshire SP1 2JU2
£220K06/230.36 mi20, Polden Road, Salisbury, Wiltshire SP1 2JU2
£227.5K03/210.36 mi30, Friary Lane, Salisbury, Wiltshire SP1 2HA2
£202.5K05/210.36 miOrchard Cottage, Friary Lane, Salisbury, Wiltshire SP1 2HA2
£280K10/230.36 mi28, Bower Gardens, Salisbury, Wiltshire SP1 2RL2
£209K09/210.36 mi23, Avon Place, Salisbury, Wiltshire SP1 2ET2
£226K04/210.37 mi6, Farley Road, Salisbury, Wiltshire SP1 2JZ2
£280K06/210.38 mi29, Park Street, Salisbury, Wiltshire SP1 3AT2
£350K09/210.4 mi76, Park Street, Salisbury, Wiltshire SP1 3AU2
£344K02/230.43 mi68, Park Street, Salisbury, Wiltshire SP1 3AU2
£215K02/230.48 mi92, St Marks Road, Salisbury, Wiltshire SP1 3AZ2
£350K08/230.48 mi40, St Marks Road, Salisbury, Wiltshire SP1 3AZ2
£272.5K04/210.5 mi9, Greenwood Avenue, Laverstock, Salisbury, Wiltshire SP1 1PD2
£227K05/210.54 mi3, Wyndham Park, Salisbury, Wiltshire SP1 3BA2
£285K10/200.56 mi1, Beechcroft Road, Laverstock, Salisbury, Wiltshire SP1 1PF2
£237.5K06/210.57 mi13, Hamilton Road, Salisbury, Wiltshire SP1 3TF2
£253K06/230.58 mi4, Grange Gardens, Salisbury, Wiltshire SP1 3DG2
£245K06/210.59 mi14, Water Lane, Salisbury, Wiltshire SP2 7TE2
£325K01/230.59 mi14, Water Lane, Salisbury, Wiltshire SP2 7TE2
£272.5K06/210.6 mi11, Melvin Close, Laverstock, Salisbury, Wiltshire SP1 1PG2
£275K10/200.61 mi57, Hamilton Road, Salisbury, Wiltshire SP1 3TF2
£295K09/210.61 mi37, Hamilton Road, Salisbury, Wiltshire SP1 3TF2
£310K09/230.63 mi37, Greenwood Avenue, Laverstock, Salisbury, Wiltshire SP1 1PE2
£265K08/210.64 mi15, South Street, Salisbury, Wiltshire SP2 7SE2

Local Rents

9 rents from £825/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£82509/240.03 miSALISBURY - Milford Hill2
£1,15001/250.04 mi-2
£1,20009/240.13 miElm Grove Road, Salisbury, Wiltshire2
£1,60009/240.24 mi-2
£1,60009/240.31 miEndless Street Salisbury SP12
£1,40009/240.34 miNew Street, Salisbury2
£1,20009/240.38 miPark Street, Salisbury2
£99509/240.39 miEstcourt Road, Salisbury2
£1,20009/240.6 miFisherton Street, Salisbury 2

Local Area Statistics

Population in SP1

21,621

Population in Salisbury

93,605

Town centre distance

0.63 miles away

Nearest school

0.10 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+49%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £225,000

January 25, 2025

Floor Plans

Description

  • VENDOR SUITED +
  • CITY CENTRE LOCATION +
  • 2 DOUBLE BEDROOMS +
  • LARGE KITCHEN/BREAKFAST ROOM +
  • LIVING ROOM +
  • PRIVATE COURT YARD GARDEN +

Carter and May are delighted to offer this very well presented city cottage and is a particularly great example of this style of property. The property has been greatly improved in recent years with double glazing, gas heating, modern kitchen and bathroom fittings. The decorative condition of the property is excellent making it ready for immediate occupation and/or letting. Importantly the layout has been refined to make the most of the floorspace, this makes the property far more inviting and practical. Entering the property you have a spacious living room, the living has a double glazed window making the room bright and airy. The living room has Stairs to the first floor with open area under. The living room has a double radiator. and Built in low level cupboards and shelving. Leading to the kitchen/breakfast room which is a excellent size. The kitchen/breakfast room has been refitted with contemporary wall and base units with ample worksurface areas. There is space for free standing appliances to include a cooker, hob, fridge/freezer and washing machine. There is further ample space for a dining room table and 6 chairs. To the rear of the property is a rear Lobby with a double glazed door to the rear of the property. The lobby leads to the shower room, the shower room has a walk in corner shower enclosure with thermostatic controls. Well fitted with push button WC, and vanity basin. There is heated towel rail and underfloor heating. Obscure double glazed window to side and ceiling spotlights. Leading to the first floor there are two double bedrooms. The master bedroom has Four built in wardrobes with high level cupboards. Full height airing cupboard. Furniture recess and television aerial point. The 2nd Bedroom again is a good size with Built in double wardrobe with high level cupboards. There is Access to boarded loft with light and drop down ladder.

Further selling points include Gas central heating and double glazed. Measurements Living Room -(3.35 × 3.65m) Kitchen/Breakfast Room - (3.35m x 4.23m) Bedroom 1 - (3.35m x 2.65m ext to 3.25m) Bedroom 2 - ( 2.15m × 4.16m) Bathroom - (1.8m x1.95m)

EPC Rating: D

Agent Details

Carter & May, Salisbury

01722 548831

Next Steps?

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