2 Bed Flat, Single Let, Salisbury, SP1 3HG, £180,000

Glenmore Road, Salisbury ***VIDEO TOUR***, SP1 3HG - 2 views - 2 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£110K - £425K
Sold Prices/m²£2K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£196,101
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£800 - £1,600

Rent Estimate

£819

Running Costs/mo

£746

Cashflow/mo

£73

Cashflow/yr

£872

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £110K to £425K, average is £185K. £2K/m² to £4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£149.9K06/210.23 mi30, The Brambles, Salisbury, Wiltshire SP1 3EZ2
£150K09/210.23 mi27, The Brambles, Salisbury, Wiltshire SP1 3EZ2
£127.5K02/210.27 mi8, The Brambles, Salisbury, Wiltshire SP1 3EY2
£176K10/200.42 mi29, Blyth Way, Salisbury, Wiltshire SP1 3HU2
£170K01/210.46 mi55, Bishopdown Road, Salisbury, Wiltshire SP1 3EE2
£210K03/210.48 miGround Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG2
£185K01/210.49 mi45, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£238K11/220.5 mi39, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£215K10/230.54 mi24, Hoadley Green, Salisbury, Wiltshire SP1 3HS2
£215K10/230.58 mi17, Jewell Close, Salisbury, Wiltshire SP1 3HR2
£120K04/230.6 mi71, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K11/200.6 mi34, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K04/230.6 mi52, Archers Court, Salisbury, Wiltshire SP1 3WE2
£175K04/230.6 mi63, Archers Court, Salisbury, Wiltshire SP1 3WE2
£190K02/230.6 mi15, Archers Court, Salisbury, Wiltshire SP1 3WE2
£400K06/230.64 miApartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£290K01/210.64 miApartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£425K02/230.64 mi56, Park Lane, Salisbury, Wiltshire SP1 3NP2
£148K10/210.65 miFlat 1, Elm Court, Elm Grove Road, Salisbury, Wiltshire SP1 1JN2
£153.5K11/210.7 mi45, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£180K06/210.7 mi41, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£175K12/220.71 miFlat 3, Three Cuppes House, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£179K03/210.72 miFlat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP2
£199.9K07/230.73 mi32, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£198K06/210.73 mi38, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£183K07/230.73 mi31, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£185K06/230.73 mi39, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£184.5K01/230.73 mi6 Pilgrims Gate, Pilgrims Way, Laverstock, Salisbury, Wiltshire SP1 1AF2
£205K01/230.73 mi8 Pilgrims Gate, Pilgrims Way, Laverstock, Salisbury, Wiltshire SP1 1AF2
£110K07/210.74 miFlat 3, Pilgrims House, Pilgrims Way, Laverstock, Salisbury, Wiltshire SP1 1RZ2
£185K11/220.78 mi1, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£204K12/220.78 mi17, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£160K04/210.78 mi8, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£198K12/200.79 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£245K03/210.81 miFlat 1, Highmount, Shady Bower, Salisbury, Wiltshire SP1 2RE2
£178.5K01/230.82 mi24, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£187.5K04/210.84 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/210.84 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£185K08/210.84 mi3, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£185K06/230.84 mi20, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£195K04/230.84 mi28, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£176K06/210.84 mi25, Shady Bower Close, Salisbury, Wiltshire SP1 2RQ2
£178.9K02/210.87 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/230.87 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£199.9K09/210.89 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/220.89 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/230.89 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£222.5K06/230.9 mi13, York Road, Salisbury, Wiltshire SP2 7AS2
£151.5K06/210.91 mi71, Catherine Street, Salisbury, Wiltshire SP1 2DH2
£240K02/230.93 mi22b, Sidney Street, Salisbury, Wiltshire SP2 7AH2

Local Rents

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

RentDateDistanceAddressBeds 
£99509/240.38 miEstcourt Road, Salisbury2
£1,20009/240.41 miPark Street, Salisbury2
£1,20009/240.65 miElm Grove Road, Salisbury, Wiltshire2
£1,05009/240.66 miStratford Road, Salisbury2
£1,60009/240.75 miEndless Street Salisbury SP12
£82509/240.77 miSALISBURY - Milford Hill2
£95009/240.8 miSalisbury2
£1,15001/250.81 mi-2
£99509/240.83 miFrancis Court, Spire View2
£87509/240.84 miGeorge Street, Salisbury, Wiltshire2
£1,10009/240.85 miGeorge Street, Salisbury2
£1,00009/240.87 miLindford Road, Bishopdown, SALISBURY2
£95009/240.88 miMeadow Road, Salisbury, SP22
£1,60009/240.89 mi-2
£89509/240.9 mi-2
£1,00009/240.91 miSidney Street, Salisbury2
£1,10009/240.92 miSALISBURY - Ashley Road2
£1,25004/250.92 mi-2
£1,40012/230.93 mi-2
£1,40012/230.93 mi-2
£1,20009/240.94 miFisherton Street, Salisbury 2
£1,20009/240.94 miHowes Crescent, Bishopdown, SALISBURY2
£1,40009/240.94 miNew Street, Salisbury2
£1,30010/240.96 mi-2
£82507/241 mi-2
£80003/251 mi-2
£1,25003/251.01 mi-2
£1,05012/231.07 mi-2
£99511/241.1 mi-2
£99509/241.12 mi-2
£1,10009/241.12 miChurchfields Road, SALISBURY2
£1,00009/241.2 miSalisbury2
£1,10009/241.22 miChurchfields Road, Salisbury2

Local Area Statistics

Population in SP1

21,621

Population in Salisbury

93,605

Town centre distance

1.07 miles away

Nearest school

0.20 miles away

Nearest train station

1.06 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+49%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £180,000

February 3, 2025

Floor Plans

Description

  • WATCH THE VIDEO TOUR +
  • NO ONWARD CHAIN +
  • Two-Bedroom Apartment +
  • Single Garage +
  • Off Road Parking +
  • Communal Garden +
  • Light and Airy Accommodation +
  • Share of Freehold +
  • Council Tax Band C +

*WATCH THE VIDEO TOUR*NO ONWARD CHAIN***Nestled in a secluded position at the top of a peaceful no-through road, this spacious first-floor flat offers a rare combination of privacy, convenience, and practicality. The property benefits from a share of the freehold, a private garage, and access to communal parking and gardens, making it an excellent choice for those seeking comfortable and low-maintenance living.

The flat is accessed via a timber door that opens into a welcoming entrance hall, providing access to all principal rooms. The sitting room is generously proportioned and naturally bright, featuring a full-width window that frames a pleasant green outlook. This versatile and inviting space is ideal for relaxing or entertaining, with a door leading into the kitchen.

The kitchen/breakfast room enjoys the same scenic views as the sitting room and has been thoughtfully designed with matching wall and base units, a granite-effect rolled-top work surface, and an inset stainless-steel sink with drainer. Integrated appliances include an electric cooker and hob with an extractor fan above, as well as a Kenwood dishwasher. There is ample space for a washing machine and a full-height fridge freezer. The layout also incorporates a breakfast bar area with space for stools, adding practicality and charm to this bright and functional space.

The first double bedroom is spacious and features fitted wardrobes, along with a rear-facing window that overlooks the communal gardens. The second double bedroom is similarly well-sized and also benefits from a rear-facing window offering views of the gardens. The bathroom comprises a classic suite with a bath, WC, and washbasin with a full pedestal. An airing cupboard houses the water tank and provides additional storage with shelving.

Externally, the property benefits from a private garage with an up-and-over door, providing secure storage or parking. Communal parking areas are conveniently located on either side of the building, ensuring ample space for residents and visitors. The well-maintained communal gardens surrounding the property offer a pleasant and relaxing outdoor space for all residents to enjoy.

This charming flat, with its spacious accommodation, thoughtful design, and sought-after location, presents an excellent opportunity for first-time buyers, downsizers, or investors alike. Arrange a viewing today to fully appreciate all that this wonderful property has to offer.

Agent Details

Oliver Chandler, Salisbury

01722 548959

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪