2 Bed Flat, Single Let, Salisbury, SP2 7GE, £195,000

19 Francis Court, Spire View, Salisbury, Wiltshire, SP2 7GE - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 1%
60 m²
+1 photos

ValuationOvervalued

Sold Prices£120K - £500K
Sold Prices/m²£2K/m² - £4K/m²

 

 

Square Metres

60 m²
Price/m²£3.3K/m²

Value Estimate

£169,641

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Total Cash In

£55,800

 

 

Cash Out

 

Rent Range

£800 - £1,600

Rent Estimate

£816

Running Costs/mo

£793

Cashflow/mo

£23

Cashflow/yr

£281

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £120K to £500K, average is £190K. £2K/m² to £4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£187.5K04/210.01 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/210.01 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£178.9K02/210.04 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/230.04 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£198K12/200.05 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£199.9K09/210.06 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/220.06 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/230.06 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£179K03/210.13 miFlat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP2
£222.5K06/230.13 mi13, York Road, Salisbury, Wiltshire SP2 7AS2
£240K02/230.17 mi22b, Sidney Street, Salisbury, Wiltshire SP2 7AH2
£205K06/230.22 mi34a, Windsor Road, Salisbury, Wiltshire SP2 7DX2
£340K03/230.23 miFlat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£290K03/230.23 miFlat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£370K06/210.23 miFlat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£500K04/210.23 miFlat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£120K04/230.24 mi71, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K11/200.24 mi34, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K04/230.24 mi52, Archers Court, Salisbury, Wiltshire SP1 3WE2
£175K04/230.24 mi63, Archers Court, Salisbury, Wiltshire SP1 3WE2
£190K02/230.24 mi15, Archers Court, Salisbury, Wiltshire SP1 3WE2
£480K06/210.24 miFlat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR2
£400K06/230.29 miApartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£290K01/210.29 miApartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£199.9K07/230.4 mi32, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£198K06/210.4 mi38, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£183K07/230.4 mi31, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£185K06/230.4 mi39, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£210K03/210.42 miGround Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG2
£153.5K11/210.43 mi45, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£180K06/210.43 mi41, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£175K12/220.44 miFlat 3, Three Cuppes House, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£151.5K06/210.49 mi71, Catherine Street, Salisbury, Wiltshire SP1 2DH2
£350K03/230.51 mi157, The Close, Salisbury, Wiltshire SP1 2EY2
£375K06/210.54 mi193, The Close, Salisbury, Wiltshire SP1 2EZ2
£213K06/230.57 mi6, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£175K06/210.57 mi8, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£148K10/210.58 miFlat 1, Elm Court, Elm Grove Road, Salisbury, Wiltshire SP1 1JN2
£140K08/230.59 mi2, Cathedral Court, Salisbury, Wiltshire SP1 2SH2
£170K07/210.65 mi22, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£135K01/210.65 mi42, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£172K11/200.65 mi40, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£178.5K01/230.66 mi24, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£185K11/220.67 mi1, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£160K04/210.67 mi8, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£204K12/220.67 mi17, Methuen Drive, Salisbury, Wiltshire SP1 2QH2
£425K02/230.69 mi56, Park Lane, Salisbury, Wiltshire SP1 3NP2
£127.5K02/210.77 mi8, The Brambles, Salisbury, Wiltshire SP1 3EY2
£245K03/210.78 miFlat 1, Highmount, Shady Bower, Salisbury, Wiltshire SP1 2RE2
£149.9K06/210.83 mi30, The Brambles, Salisbury, Wiltshire SP1 3EZ2

Local Rents

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

RentDateDistanceAddressBeds 
£99509/240 miFrancis Court, Spire View2
£95009/240.04 miSalisbury2
£1,10009/240.08 miGeorge Street, Salisbury2
£87509/240.11 miGeorge Street, Salisbury, Wiltshire2
£1,40012/230.11 mi-2
£1,40012/230.11 mi-2
£1,20009/240.14 miFisherton Street, Salisbury 2
£95009/240.15 miMeadow Road, Salisbury, SP22
£89509/240.16 mi-2
£1,00009/240.17 miSidney Street, Salisbury2
£80003/250.17 mi-2
£1,30010/240.18 mi-2
£1,25004/250.23 mi-2
£1,10009/240.28 miChurchfields Road, SALISBURY2
£1,10009/240.3 miSALISBURY - Ashley Road2
£1,60009/240.33 miEndless Street Salisbury SP12
£82507/240.34 mi-2
£1,00009/240.36 miSalisbury2
£1,10009/240.39 miChurchfields Road, Salisbury2
£1,05012/230.4 mi-2
£1,40009/240.41 miNew Street, Salisbury2
£1,60009/240.47 mi-2
£99510/240.51 mi-2
£1,05002/250.51 mi-2
£99509/240.54 mi-2
£1,20009/240.56 miPark Street, Salisbury2
£1,20009/240.58 miElm Grove Road, Salisbury, Wiltshire2
£1,05009/240.61 miStratford Road, Salisbury2
£99509/240.62 miEstcourt Road, Salisbury2

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

0.29 miles away

Nearest school

0.40 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £195,000

February 7, 2025

Floor Plans

Description

  • POPULAR SPIRE VIEW +
  • FIRST FLOOR FLAT +
  • TWO BEDROOMS +
  • GAS CENTRAL HEATING +
  • DOUBLE GLAZING +
  • PARKING +
  • EASY WALK TO CITY CENTRE +
  • STROLL TO STATION +

The property is a first floor, purpose built apartment situated near to the city centre and railway station and offered with vacant possession.

Description - The property is a first floor, purpose built apartment situated near to the city centre and railway station. The accommodation consists of an entrance hallway which leads to all the rooms, large open plan sitting/dining room with an attractive bay window and a kitchen area , two good sized bedrooms one fitted with a double wardrobe and there is a bathroom. The flat benefits from gas central heating and double glazing and there is a private parking space and communal grounds. There are also visitor's parking spaces within the development (for which a permit is required). The property is offered with no onward chain.

Communal Hallway - Stairs to first floor.

Entrance Hall - Entrance intercom phone, deep storage cupboard housing Vaillant gas fired boiler for heating and hot water, hatch to loft, doors to all rooms.

Sitting Room/Kitchen - Attractive bay window to front, TV point, two radiators. KITCHEN AREA: Fitted with base and wall units with work surfaces over, sink and drainer with mixer tap, integrated electric oven with four ring hob and extractor, space/plumbing for washing machine, space for fridge/freezer, laminate flooring.

Bedroom One - Window to front, radiator, fitted wardrobe, TV and telephone point.

Bedroom Two - Two windows to front, radiator.

Bathroom - Fitted with a white suite comprising panelled bath with shower over and shower screen, low level WC, wash hand basin, extractor, shaver point, radiator.

Outside And Parking - The property has an allocated and numbered parking space directly adjacent to the block. There are communal gardens within the development

Services - Mains gas, water, electricity and drainage are connected to the property.

Outgoings - The Council Tax Band is ‘C’ and the payment for the year 2024/2025 payable to Wiltshire Council is £2245.28.

Tenure - Leasehold. 125 year lease from 1st January 2005. The ground rent is £125 per annum, paid half yearly. The latest service charge was £875.92 for the half year.

Directions - At the top of Fisherton Street turn off by the sorting office on to Spire View development. Turn right at the roundabout then straight over the next roundabout. Take the second left and the entrance door for 19 will be seen on the left hand side.

What3words - What3Words reference is: ///rails.fantastic.joke

Nb - The photographs shown are from when the property was empty.

Agent Details

Whites, Salisbury

01722 444869

Next Steps?

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