3 Bed Terraced House, Single Let, Salisbury, SP2 7EF, £235,000

Wilton Road, Salisbury, SP2 7EF - 2 views - 3 months ago

BTL

ROI: 2%

~93 m²

+3 photos

ValuationUndervalued

Sold Prices	£160K - £499.9K
Sold Prices/m²	£506/m² - £4.7K/m²

Square Metres	~93 m²
Price/m²	£2.5K/m²
Value Estimate	£270,946£270,946
BMV	15%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£58,750£58,750
Stamp Duty & Legal Fees	£8,250£8,250
Total Cash In	£67,000£67,000

Cash Out
Rent Range	£799 - £1,800£799 - £1,800
Rent Estimate	£1,069
Running Costs/mo	£968£968
Cashflow/mo	£101£101
Cashflow/yr	£1,210£1,210
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £160K to £499.9K, average is £275K. £506/m² to £4.7K/m², average is £2.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£220K	02/23	0.02 mi	75, Windsor Street, Salisbury, Wiltshire SP2 7EA	-	-	3	Terraced House
£210K	05/21	0.06 mi	22, Hawthorn Close, Salisbury, Wiltshire SP2 7EQ	£2,143	98	3	Terraced House
£205K	11/20	0.09 mi	54, Devizes Road, Salisbury, Wiltshire SP2 7AD	£2,563	80	3	Terraced House
£299.9K	03/21	0.12 mi	21, Hartington Road, Salisbury, Wiltshire SP2 7LG	£3,747	80	3	Terraced House
£197.5K	03/21	0.12 mi	19, Hartington Road, Salisbury, Wiltshire SP2 7LG	£2,359	84	3	Terraced House
£335K	06/21	0.12 mi	3, Hartington Road, Salisbury, Wiltshire SP2 7LG	-	-	3	Terraced House
£187K	03/21	0.13 mi	25, Sidney Street, Salisbury, Wiltshire SP2 7AJ	-	-	3	Terraced House
£160K	03/21	0.15 mi	47, Meadow Road, Salisbury, Wiltshire SP2 7BL	£1,468	109	3	Terraced House
£210K	08/21	0.16 mi	77, Devizes Road, Salisbury, Wiltshire SP2 7LQ	-	-	3	Terraced House
£267.5K	11/21	0.16 mi	66, Devizes Road, Salisbury, Wiltshire SP2 7LN	£2,267	118	3	Terraced House
£275K	07/23	0.16 mi	66, Devizes Road, Salisbury, Wiltshire SP2 7LN	£2,331	118	3	Terraced House
£250K	06/21	0.16 mi	36, Meadow Road, Salisbury, Wiltshire SP2 7BN	£2,723	92	3	Terraced House
£317.5K	12/22	0.17 mi	33, York Road, Salisbury, Wiltshire SP2 7AT	-	-	3	Semi-Detached House
£222.5K	01/21	0.17 mi	58, York Road, Salisbury, Wiltshire SP2 7AT	£506	440	3	Terraced House
£215K	06/21	0.18 mi	13, George Street, Salisbury, Wiltshire SP2 7BA	£2,829	76	3	Terraced House
£190K	02/21	0.19 mi	26, Wilton Road, Salisbury, Wiltshire SP2 7EJ	-	-	3	Semi-Detached House
£264K	12/22	0.19 mi	54, George Street, Salisbury, Wiltshire SP2 7BB	£2,966	89	3	Terraced House
£245K	01/23	0.2 mi	30, Churchfields Road, Salisbury, Wiltshire SP2 7NW	£2,882	85	3	Terraced House
£297K	05/21	0.22 mi	4, Bedford Road, Salisbury, Wiltshire SP2 7LW	-	-	3	Terraced House
£360K	01/23	0.22 mi	7, Dews Road, Salisbury, Wiltshire SP2 7SN	£4,138	87	3	Terraced House
£275K	09/21	0.22 mi	52, St Pauls Road, Salisbury, Wiltshire SP2 7BD	£3,338	82	3	Terraced House
£240K	03/21	0.22 mi	46, St Pauls Road, Salisbury, Wiltshire SP2 7BD	-	-	3	Terraced House
£207.5K	11/20	0.25 mi	17, Kingsland Road, Salisbury, Wiltshire SP2 7DQ	£2,331	89	3	Terraced House
£263.5K	06/21	0.27 mi	96, Ashley Road, Salisbury, Wiltshire SP2 7DD	£2,864	92	3	Terraced House
£295K	01/21	0.28 mi	107, Devizes Road, Salisbury, Wiltshire SP2 7LS	£3,642	81	3	Terraced House
£499.9K	09/21	0.29 mi	53, Rectory Road, Salisbury, Wiltshire SP2 7SD	£4,347	115	3	Terraced House
£340K	06/23	0.3 mi	29a, Highbury Avenue, Salisbury, Wiltshire SP2 7EX	-	-	3	Semi-Detached House
£395K	12/20	0.3 mi	10, Highbury Avenue, Salisbury, Wiltshire SP2 7EX	£3,990	99	3	Detached House
£280.5K	04/23	0.3 mi	12, Water Lane, Salisbury, Wiltshire SP2 7TE	£2,953	95	3	Terraced House
£260K	05/23	0.3 mi	21, Water Lane, Salisbury, Wiltshire SP2 7TE	£2,653	98	3	Terraced House
£272K	03/23	0.31 mi	28, Highfield Road, Salisbury, Wiltshire SP2 7LZ	-	-	3	Terraced House
£335K	06/21	0.33 mi	2, Charnwood Road, Salisbury, Wiltshire SP2 7HT	£2,134	157	3	Semi-Detached House
£358K	01/23	0.35 mi	49, Palmer Road, Salisbury, Wiltshire SP2 7LX	-	-	3	Semi-Detached House
£335K	07/23	0.35 mi	41, Palmer Road, Salisbury, Wiltshire SP2 7LX	£4,718	71	3	Semi-Detached House
£288.5K	05/23	0.35 mi	Jubilee House, Palmer Road, Salisbury, Wiltshire SP2 7LX	£2,272	127	3	Detached House
£285K	01/23	0.36 mi	208, Devizes Road, Salisbury, Wiltshire SP2 7LY	£3,701	77	3	Terraced House
£295K	03/21	0.36 mi	49, Palmer Road, Salisbury, Wiltshire SP2 7LX	-	-	3	Semi-Detached House
£255K	05/21	0.37 mi	103, Wilton Road, Salisbury, Wiltshire SP2 7HU	£2,698	95	3	Terraced House
£260K	12/22	0.38 mi	27, Nursery Road, Salisbury, Wiltshire SP2 7HX	£3,768	69	3	Terraced House
£300K	02/23	0.4 mi	117, Wilton Road, Salisbury, Wiltshire SP2 7HY	-	-	3	Detached House
£260K	11/20	0.41 mi	7, Gorringe Road, Salisbury, Wiltshire SP2 7HZ	£2,549	102	3	Terraced House
£322K	02/21	0.41 mi	13, Gorringe Road, Salisbury, Wiltshire SP2 7HZ	£3,157	102	3	Detached House
£285K	01/23	0.41 mi	8, Gorringe Road, Salisbury, Wiltshire SP2 7HZ	£3,715	77	3	Detached House
£288K	08/21	0.41 mi	25a, Gorringe Road, Salisbury, Wiltshire SP2 7JA	-	-	3	Semi-Detached House
£250K	11/20	0.41 mi	7, Montgomery Gardens, Salisbury, Wiltshire SP2 7UG	£3,623	69	3	Terraced House
£250K	11/21	0.43 mi	74, Montgomery Gardens, Salisbury, Wiltshire SP2 7UQ	£3,571	70	3	Semi-Detached House
£318K	04/23	0.44 mi	6, Macklin Road, Salisbury, Wiltshire SP2 7HB	£2,944	108	3	Terraced House
£295K	03/21	0.44 mi	3, Nelson Road, Salisbury, Wiltshire SP1 3LT	£2,783	106	3	Terraced House
£395K	05/23	0.44 mi	20, Nelson Road, Salisbury, Wiltshire SP1 3LT	-	-	3	Terraced House
£327.5K	06/23	0.45 mi	3, Nightingale Walk, Salisbury, Wiltshire SP2 7HH	£3,376	97	3	Terraced House

Local Rents

15 rents from £799/mo to £1.8K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,350	04/25	0.03 mi	-	3	Flat
£1,100	09/24	0.11 mi	Devizes Road, Salisbury	3	Terraced House
£1,350	02/25	0.14 mi	-	3	Terraced House
£1,300	11/24	0.2 mi	-	3	Terraced House
£1,800	01/24	0.21 mi	-	3	Semi-Detached House
£1,400	09/24	0.24 mi	Kingsland Road Salisbury SP2	3	Terraced House
£1,050	01/24	0.28 mi	-	3	Terraced House
£1,400	09/24	0.28 mi	Steynings House, Chapel Place, Salisbury, Wiltshire, SP2	3	Flat
£1,250	09/24	0.31 mi	Longland, Salisbury, Wiltshire, SP2	3	Detached House
£1,295	04/25	0.52 mi	-	3	Flat
£1,400	09/24	0.54 mi	Belle Vue Road, Salisbury	3	Terraced House
£1,450	09/24	0.56 mi	Castle Road, Salisbury	3	Detached House
£1,700	09/24	0.57 mi	Devizes Road, Salisbury	3	Detached House
£1,500	09/24	0.57 mi	Victoria Road	3	Detached House
£799	12/24	0.61 mi	-	3	Detached House

Local Area Statistics

Population in SP2	28,82328,823
Population in Salisbury	93,60593,605
Town centre distance	0.35 miles away0.35 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.15 miles away0.15 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+11%+11%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+18%+18%

Property History

Listed for £235,000

January 29, 2025

Floor Plans

Description

ATTRACTIVE TERRACED HOUSE +
TWO/THREE BEDROOMS +
TWO RECEPTION ROOMS +
FRONT & REAR GARDENS +
NO ONWARD CHAIN +

An attractive terraced house in need of refurbishment. The property offer generously proportioned accommodation throughout which includes an entrance hall, two reception rooms, kitchen, two/three bedrooms and family bathroom. The property is set back from the road and benefits from a front garden and rear courtyard. Offered to the market with no onward chain.

EPC Rating: D

Agent Details

Carter & May, Salisbury

01722 548831

Next Steps?

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3 Bed Terraced House, Single Let, Salisbury, SP2 7EF, £235,000

ValuationUndervalued

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Property History

Floor Plans

Description

Agent Details

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