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

102B DEVIZES ROAD, SALISBURY, WILTSHIRE SP2 7DW - a month ago

Leasehold
BTL
ROI: 1%
~68 m²
+4 photos

ValuationFair Value

Sold Prices£120K - £500K
Sold Prices/m²£2.1K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£196,883

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£12,350

Total Cash In

£61,100

 

 

Cash Out

 

Rent Range

£800 - £1,400

Rent Estimate

£819

Running Costs/mo

£793

Cashflow/mo

£26

Cashflow/yr

£310

ROI

1%

Gross Yield

5%

Local Sold Prices

47 sold prices from £120K to £500K, average is £190K. £2.1K/m² to £4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£240K02/230.17 mi22b, Sidney Street, Salisbury, Wiltshire SP2 7AH2
£222.5K06/230.2 mi13, York Road, Salisbury, Wiltshire SP2 7AS2
£205K06/230.24 mi34a, Windsor Road, Salisbury, Wiltshire SP2 7DX2
£213K06/230.24 mi6, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£175K06/210.24 mi8, Highbury Close, Salisbury, Wiltshire SP2 7HA2
£199.9K09/210.31 miFlat 14, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£207K11/220.31 miFlat 20, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£200K06/230.31 miFlat 6, Augustine Court, Spire View, Salisbury, Wiltshire SP2 7GA2
£178.9K02/210.34 miFlat 2, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£190K01/230.34 miFlat 1, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£187.5K04/210.34 miFlat 4, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£160K03/210.34 miFlat 9, Francis Court, Spire View, Salisbury, Wiltshire SP2 7GE2
£179K03/210.36 miFlat 7, Valentine Court, Spire View, Salisbury, Wiltshire SP2 7GP2
£198K12/200.36 miFlat 14, Bartholomew Court, Spire View, Salisbury, Wiltshire SP2 7GB2
£120K04/230.46 mi71, Archers Court, Salisbury, Wiltshire SP1 3WE2
£210K11/200.46 mi34, Archers Court, Salisbury, Wiltshire SP1 3WE2
£185K04/230.46 mi52, Archers Court, Salisbury, Wiltshire SP1 3WE2
£175K04/230.46 mi63, Archers Court, Salisbury, Wiltshire SP1 3WE2
£190K02/230.46 mi15, Archers Court, Salisbury, Wiltshire SP1 3WE2
£480K06/210.5 miFlat 4, Harcourt Manor, Harcourt Terrace, Salisbury, Wiltshire SP2 7SR2
£340K03/230.51 miFlat 12, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£290K03/230.51 miFlat 17, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£370K06/210.51 miFlat 21, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£500K04/210.51 miFlat 26, Elizabeth Court, Cranebridge Road, Salisbury, Wiltshire SP2 7UX2
£210K03/210.52 miGround Floor Flat, 30, Victoria Road, Salisbury, Wiltshire SP1 3NG2
£180K12/220.57 mi48, Roman Road, Salisbury, Wiltshire SP2 9BN2
£400K06/230.6 miApartment 4, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£425K02/230.6 mi56, Park Lane, Salisbury, Wiltshire SP1 3NP2
£290K01/210.61 miApartment 2, Century House, Endless Street, Salisbury, Wiltshire SP1 3UH2
£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
£350K03/230.75 mi157, The Close, Salisbury, Wiltshire SP1 2EY2
£153.5K11/210.76 mi45, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£180K06/210.76 mi41, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£175K12/220.77 miFlat 3, Three Cuppes House, St Edmunds Church Street, Salisbury, Wiltshire SP1 1EF2
£151.5K06/210.82 mi71, Catherine Street, Salisbury, Wiltshire SP1 2DH2
£375K06/210.83 mi193, The Close, Salisbury, Wiltshire SP1 2EZ2
£148K10/210.9 miFlat 1, Elm Court, Elm Grove Road, Salisbury, Wiltshire SP1 1JN2
£140K08/230.91 mi2, Cathedral Court, Salisbury, Wiltshire SP1 2SH2
£238K11/220.92 mi39, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£185K01/210.93 mi45, Braemar Rise, Salisbury, Wiltshire SP1 3QD2
£170K07/210.98 mi22, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£135K01/210.98 mi42, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£172K11/200.98 mi40, St Ann Place, Salisbury, Wiltshire SP1 2SU2
£178.5K01/230.99 mi24, Methuen Drive, Salisbury, Wiltshire SP1 2QH2

Local Rents

28 rents from £800/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£82507/240.01 mi-2
£1,05012/230.07 mi-2
£1,10009/240.08 miSALISBURY - Ashley Road2
£1,25004/250.16 mi-2
£1,00009/240.17 miSidney Street, Salisbury2
£99510/240.17 mi-2
£89509/240.18 mi-2
£1,30010/240.18 mi-2
£95009/240.19 miMeadow Road, Salisbury, SP22
£99509/240.21 mi-2
£87509/240.24 miGeorge Street, Salisbury, Wiltshire2
£1,10009/240.25 miGeorge Street, Salisbury2
£1,05002/250.29 mi-2
£1,10009/240.33 miChurchfields Road, Salisbury2
£99509/240.34 miFrancis Court, Spire View2
£95009/240.34 miSalisbury2
£1,10009/240.37 miChurchfields Road, SALISBURY2
£1,00009/240.37 miSalisbury2
£1,40012/230.38 mi-2
£1,40012/230.38 mi-2
£80003/250.38 mi-2
£1,20009/240.39 miNursery Road, Salisbury2
£1,20009/240.39 miNursery Road, Salisbury2
£1,30009/240.39 miIndia Avenue, Salisbury2
£1,20009/240.42 miFisherton Street, Salisbury 2
£1,10009/240.43 miCherry Close, Salisbury, Wiltshire, SP2 7JD2
£95009/240.43 miCherry Close, SALISBURY2
£1,05009/240.51 miStratford Road, Salisbury2

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

0.52 miles away

Nearest school

0.10 miles away

Nearest train station

0.33 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

March 13, 2025

Floor Plans

Description

  • Two Storey Conversion Flat +
  • 2 Double Bedrooms +
  • Living Room +
  • Split Level Kitchen +
  • Double Glazing +
  • 2 Bathrooms +
  • Walking Distance to City Centre +
  • Electric Heating +

Located within easy reach of the city centre, railway station and local amenities is 102b Devizes Road, an interesting flat conversion within a former town house; we understand the conversion was completed around 2010 with 102a and 102b each being granted a 999 year lease and a half share in the freehold.

The property is arranged over the first and second floor with light and airy accommodation comprising (on the first floor) of a private staircase, comfortable living room, well equipped split level kitchen and a double bedroom with fitted wardrobes and an en suite shower room.

An open plan staircase off the living area leads up to the second floor landing and a second double bedroom with an en suite bathroom.

Heating is provided via electric panel wall heaters, the windows are double glazed, there is a sprinkler system and the property is fitted with an alarm.

To the front is a walled and gated shared open plan garden area and bin storage. Although not immediately accessible from the property, there is a small private rear garden which you approach via a gated path off the adjoining Ashley Road. The garden is overgrown and in need of attention. Residents parking is available in neighbouring streets.

TENURE AND SERVICES: Tenure: Leasehold with the residue of a 999 year lease. Local Authority: Wiltshire Council. Council Tax Band B : £2,056.73 for year 2024/2025 . All mains services connected. Mains Drainage. Electric Heating. Fully double glazed.

LOCATION: The property is located just outside the ring road with easy access to local amenities and a short walk to the city centre. The attractive cathedral city of Salisbury has extensive shopping facilities, a thriving, twice weekly market and a good range of social and educational amenities including restaurants, theatre, arts centre, cinema and both state and private, primary and secondary schools within and outside the city boundary.  Leisure and recreational facilities include the Five Rivers Leisure Centre, private members gymnasiums, golf club, recreation ground and three tennis clubs. Salisbury has good road links to London (A303), Southampton (A36) and Bournemouth (A338) and the mainline railway station, a short walk away, serves London, Waterloo (journey time 90 minutes) and the West Country.

DIRECTIONS: From the centre of Salisbury proceed along Castle Street to the roundabout. Take the first exit onto Churchill Way West. At St Paul's roundabout take the third exit onto Devizes Road (A360) and the property will be found shortly afterwards, just passed Ashely Road, on the right hand side clearly indicated by the BAXTERS For Sale sign.

Agent Details

Baxters Property & Land Agents, Salisbury

01722 548820

Next Steps?

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