2 Bed Flat, Single Let, Salisbury, SP2 9DH, £169,500

Pembroke Road, Salisbury ***VIDEO TOUR***, SP2 9DH - 2 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£110K - £500K
Sold Prices/m²£1.5K/m² - £4.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£206,501
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,375

Stamp Duty & Legal Fees

£6,285

Total Cash In

£48,660

 

 

Cash Out

 

Rent Range

£750 - £1,300

Rent Estimate

£790

Running Costs/mo

£708

Cashflow/mo

£82

Cashflow/yr

£988

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £110K to £500K, average is £198K. £1.5K/m² to £4.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£110K06/230.34 mi19, Hazel Close, Salisbury, Wiltshire SP2 9JJ2
£180K12/220.41 mi48, Roman Road, Salisbury, Wiltshire SP2 9BN2
£162.5K12/220.7 mi20, Ramleaze Drive, Salisbury, Wiltshire SP2 9PA2
£213K06/230.73 mi6, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£175K06/210.73 mi8, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£205K06/231.12 mi34a, Windsor Road, Salisbury, Wiltshire SP2 7DX2
£240K02/231.13 mi22b, Sidney Street, Salisbury, Wiltshire SP2 7AH2
£222.5K06/231.17 mi13, York Road, Salisbury, Wiltshire SP2 7AS2
£199.9K09/211.26 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/221.26 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/231.26 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£425K02/231.28 mi56, Park Lane, Salisbury, Wiltshire SP1 3NP2
£178.9K02/211.29 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/231.29 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£187.5K04/211.3 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/211.3 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£179K03/211.33 miFlat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP2
£198K12/201.33 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£480K06/211.38 miFlat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR2
£151K11/201.4 mi6, Churchill Court, Wilton, Salisbury, Wiltshire SP2 0HL2
£180K06/231.4 mi18, Churchill Court, Wilton, Salisbury, Wiltshire SP2 0HL2
£340K03/231.42 miFlat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£290K03/231.42 miFlat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£370K06/211.42 miFlat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£500K04/211.42 miFlat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£120K04/231.42 mi71, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K11/201.42 mi34, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K04/231.42 mi52, Archers Court, Salisbury, Wiltshire SP1 3WE2
£175K04/231.42 mi63, Archers Court, Salisbury, Wiltshire SP1 3WE2
£190K02/231.42 mi15, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K03/211.43 miGround Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG2
£165K06/211.45 mi10 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£203K01/231.45 mi1 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£168K11/201.45 mi1 Armstrong House, Bridgwater Close, Harnham, Salisbury, Wiltshire SP2 8PE2
£350K03/231.56 mi157, The Close, Salisbury, Wiltshire SP1 2EY2
£400K06/231.57 miApartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£175K01/211.57 mi9a, West Street, Wilton, Salisbury, Wiltshire SP2 0DL2
£290K01/211.58 miApartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£167K03/211.6 miFlat 29, Pembroke Court, West Street, Wilton, Salisbury, Wiltshire SP2 0DG2
£150K03/211.6 mi50b, West Street, Wilton, Salisbury, Wiltshire SP2 0DG2
£238K11/221.6 mi39, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£185K01/211.61 mi45, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£231K05/211.66 mi11, Florence Court, Wilton, Salisbury, Wiltshire SP2 0FD2
£220K12/221.67 mi14, Florence Court, Wilton, Salisbury, Wiltshire SP2 0FD2
£375K06/211.69 mi193, The Close, Salisbury, Wiltshire SP1 2EZ2
£199.9K07/231.69 mi32, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£198K06/211.69 mi38, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£183K07/231.69 mi31, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£185K06/231.69 mi39, Three Cuppes Lane, Salisbury, Wiltshire SP1 1ER2
£180K06/211.73 mi41, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2

Local Rents

33 rents from £750/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£75009/240.12 mi-2
£75009/240.12 mi-2
£78507/240.12 mi-2
£85009/240.37 mi-2
£85009/240.37 mi-2
£1,10010/240.39 mi-2
£1,00009/240.44 miLower Road, SALISBURY2
£82509/240.6 miRambridge Crescent, Salisbury2
£1,30009/240.63 miIndia Avenue, Salisbury2
£95009/240.65 miCherry Close, SALISBURY2
£1,10009/240.66 miCherry Close, Salisbury, Wiltshire, SP2 7JD2
£92509/240.7 miFlat 7 Ramleaze Drive2
£1,20009/240.75 miNursery Road, Salisbury2
£1,20009/240.75 miNursery Road, Salisbury2
£1,05009/240.77 miTemperance Cottages, Quidhampton, SP22
£99509/240.79 mi-2
£99510/240.82 mi-2
£1,05002/250.83 mi-2
£1,05012/230.9 mi-2
£82507/240.97 mi-2
£1,10009/241.03 miChurchfields Road, Salisbury2
£1,10009/241.03 miSALISBURY - Ashley Road2
£1,25004/251.08 mi-2
£1,00009/241.11 miSalisbury2
£1,30010/241.12 mi-2
£1,00009/241.13 miSidney Street, Salisbury2
£89509/241.14 mi-2
£95009/241.16 miMeadow Road, Salisbury, SP22
£1,10009/241.19 miChurchfields Road, SALISBURY2
£87509/241.21 miGeorge Street, Salisbury, Wiltshire2
£1,10009/241.22 miGeorge Street, Salisbury2
£1,15009/241.23 miNetherhampton, Salisbury2
£1,05009/241.23 miStratford Road, Salisbury2

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

1.38 miles away

Nearest school

0.30 miles away

Nearest train station

1.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £169,500

February 13, 2025

Floor Plans

Description

  • WATCH THE VIDEO TOUR +
  • NO ONWARD CHAIN +
  • Ideal Investment Property +
  • Two-Bedroom Appartment +
  • Well-Proportioned Accomodation +
  • Garden and Storage Shed +
  • Council Tax Band B +

*WATCH THE VIDEO TOUR*Welcome to Pembroke Road, this first-floor two-bedroom apartment offers well proportioned accommodation and an abundance of natural light, thanks to its numerous windows. The property is being sold with no onward chain, making it an attractive option for a range of buyers.

Access to the apartment is via a path on the left-hand side of the property. Stairs lead to the private entrance at 114b, where a useful area outside the front door provides space for shoes and coats.

The principal bedroom is a spacious double room with dual-aspect windows, offering plenty of natural light and a pleasant view of the green space opposite. The second bedroom is a well-proportioned single room, also benefiting from the same attractive views.

The kitchen is a practical galley-style space featuring matching base and wall cabinets with slate-effect worktops. Integrated appliances include an electric oven and hob, with space for a fridge freezer, plumbing for a washing machine, and room for either a dishwasher or a tumble dryer.

The sitting room is generously sized, with a large window to the front aspect and a feature fireplace adds charm and character.

The family bathroom is neutrally decorated and fitted with a shower-over-bath combination, providing functionality and simplicity.

The property includes its own private garden, currently laid to lawn for low-maintenance upkeep. A brick-built storage shed is located to the left, offering practical additional storage.

This delightful apartment combines well-designed living spaces with outdoor amenities, all in a convenient location. It is ideal for investors, or those looking to downsize.

Agent Details

Oliver Chandler, Salisbury

01722 548959

Next Steps?

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