3 Bed Terraced House, Refurb/BRRR, Salisbury, SP2 7BD, £275,000

St. Pauls Road, Salisbury, SP2 7BD - 21 days ago

Refurb/BRRR
ROI: 1%
~93 m²
+2 photos

ValuationFair Value

Sold Prices£160K - £583K
Sold Prices/m²£506/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£277,750

 

 

End Value (After Refurb)

£288,627

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£16,200

Refurb Costs

£38,000

Bridging Loan Interest

£7,219

Total Cash In

£131,919

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£288,627

Mortgage (After Refinance)

£216,470

Mortgage LTV

75%

Cash Released

£10,220

Cash Left In

£121,699

Equity

£72,157

Rent Range

£799 - £1,800

Rent Estimate

£1,320

Running Costs/mo

£1,186

Cashflow/mo

£134

Cashflow/yr

£1,609

ROI

1%

Gross Yield

6%

Local Sold Prices

51 sold prices from £160K to £583K, average is £299.9K. £506/m² to £5.1K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£240K03/210.01 mi46, St Pauls Road, Salisbury, Wiltshire SP2 7BD3
£275K09/210.01 mi52, St Pauls Road, Salisbury, Wiltshire SP2 7BD3
£264K12/220.06 mi54, George Street, Salisbury, Wiltshire SP2 7BB3
£160K03/210.06 mi47, Meadow Road, Salisbury, Wiltshire SP2 7BL3
£222.5K01/210.06 mi58, York Road, Salisbury, Wiltshire SP2 7AT3
£317.5K12/220.06 mi33, York Road, Salisbury, Wiltshire SP2 7AT3
£215K06/210.1 mi13, George Street, Salisbury, Wiltshire SP2 7BA3
£250K06/210.1 mi36, Meadow Road, Salisbury, Wiltshire SP2 7BN3
£187K03/210.13 mi25, Sidney Street, Salisbury, Wiltshire SP2 7AJ3
£205K11/200.19 mi54, Devizes Road, Salisbury, Wiltshire SP2 7AD3
£360K01/230.2 mi7, Dews Road, Salisbury, Wiltshire SP2 7SN3
£220K02/230.21 mi75, Windsor Street, Salisbury, Wiltshire SP2 7EA3
£280.5K04/230.22 mi12, Water Lane, Salisbury, Wiltshire SP2 7TE3
£260K05/230.22 mi21, Water Lane, Salisbury, Wiltshire SP2 7TE3
£210K05/210.24 mi22, Hawthorn Close, Salisbury, Wiltshire SP2 7EQ3
£267.5K11/210.25 mi66, Devizes Road, Salisbury, Wiltshire SP2 7LN3
£275K07/230.25 mi66, Devizes Road, Salisbury, Wiltshire SP2 7LN3
£295K03/210.26 mi3, Nelson Road, Salisbury, Wiltshire SP1 3LT3
£395K05/230.26 mi20, Nelson Road, Salisbury, Wiltshire SP1 3LT3
£263.5K06/210.26 mi96, Ashley Road, Salisbury, Wiltshire SP2 7DD3
£299.9K03/210.27 mi21, Hartington Road, Salisbury, Wiltshire SP2 7LG3
£197.5K03/210.27 mi19, Hartington Road, Salisbury, Wiltshire SP2 7LG3
£335K06/210.27 mi3, Hartington Road, Salisbury, Wiltshire SP2 7LG3
£210K08/210.28 mi77, Devizes Road, Salisbury, Wiltshire SP2 7LQ3
£370K08/230.29 mi14, Wyndham Road, Salisbury, Wiltshire SP1 3AA3
£450K10/200.29 mi59, Rectory Road, Salisbury, Wiltshire SP2 7SD3
£435K10/200.29 mi53, Rectory Road, Salisbury, Wiltshire SP2 7SD3
£499.9K09/210.29 mi53, Rectory Road, Salisbury, Wiltshire SP2 7SD3
£207.5K11/200.29 mi17, Kingsland Road, Salisbury, Wiltshire SP2 7DQ3
£315K05/230.31 mi36, Hamilton Road, Salisbury, Wiltshire SP1 3TG3
£398K06/210.31 mi49, Hulse Road, Salisbury, Wiltshire SP1 3LU3
£365K12/200.32 mi27, Hamilton Road, Salisbury, Wiltshire SP1 3TF3
£352.5K09/230.32 mi39, Hamilton Road, Salisbury, Wiltshire SP1 3TF3
£300K03/210.32 mi68a, Hulse Road, Salisbury, Wiltshire SP1 3LY3
£400K06/230.32 mi28, Hulse Road, Salisbury, Wiltshire SP1 3LY3
£583K07/230.32 mi53, Endless Street, Salisbury, Wiltshire SP1 3UH3
£445K05/210.35 mi36, Albany Road, Salisbury, Wiltshire SP1 3YH3
£415K12/200.35 mi46, Albany Road, Salisbury, Wiltshire SP1 3YH3
£419K03/210.35 mi6, Albany Road, Salisbury, Wiltshire SP1 3YH3
£475K04/230.35 mi36, Albany Road, Salisbury, Wiltshire SP1 3YH3
£475K04/230.35 mi36, Albany Road, Salisbury, Wiltshire SP1 3YH3
£297K05/210.35 mi4, Bedford Road, Salisbury, Wiltshire SP2 7LW3
£415K12/200.37 mi22, Belle Vue Road, Salisbury, Wiltshire SP1 3YG3
£439.9K05/210.37 mi75, Hamilton Road, Salisbury, Wiltshire SP1 3TQ3
£246K05/210.38 mi1, Salt Lane, Salisbury, Wiltshire SP1 1DT3
£417.5K02/210.38 mi5, Belle Vue Road, Salisbury, Wiltshire SP1 3YD3
£355K03/210.38 mi23, Belle Vue Road, Salisbury, Wiltshire SP1 3YD3
£430K11/210.38 mi47, Belle Vue Road, Salisbury, Wiltshire SP1 3YD3
£190K02/210.39 mi26, Wilton Road, Salisbury, Wiltshire SP2 7EJ3
£245K01/230.4 mi30, Churchfields Road, Salisbury, Wiltshire SP2 7NW3
£275K06/230.4 mi1, Douglas Haig Road, Salisbury, Wiltshire SP1 3NB3

Local Rents

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

RentDateDistanceAddressBeds 
£1,30012/240.09 mi-3
£1,40009/240.16 miSteynings House, Chapel Place, Salisbury, Wiltshire, SP23
£1,80001/240.19 mi-3
£1,35003/250.2 mi-3
£1,05001/240.2 mi-3
£1,10009/240.22 miDevizes Road, Salisbury3
£1,35003/250.22 mi-3
£1,40009/240.33 miKingsland Road Salisbury SP23
£1,40009/240.33 miBelle Vue Road, Salisbury3
£1,45009/240.4 miCastle Road, Salisbury3
£1,50009/240.41 miVictoria Road3
£79912/240.47 mi-3
£1,35009/240.48 miSALISBURY - Wyndham Terrace3
£1,30009/240.51 miPennyfarthing Street, Salisbury, SP13
£1,25009/240.52 miLongland, Salisbury, Wiltshire, SP23

Local Area Statistics

Population in SP2

28,823

Population in Salisbury

93,605

Town centre distance

0.32 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 £275,000

March 15, 2025

Floor Plans

Description

  • NO ONWARD CHAIN +
  • Three-Bedroom Victorian Mid-Terrace +
  • Extended Accommodation +
  • Large Reception Room +
  • Scope for Modernisation Throughout +
  • Excellent Proximity to the Salisbury City Centre +
  • Salisbury Train Station Nearby +
  • Low-Maintenance Rear Garden +

Available now with NO ONWARD CHAIN is this three-bedroom Victorian mid-terrace, occupying a convenient location for those needing regular access to the Salisbury city centre and the train station with its direct commuter lines into London Waterloo. The property is avaialble with vacant possession and comprises an open-plan reception room with bay window to the front, and an extended kitchen with space for a range of appliances on the ground floor. Upstairs there are three well-proportioned bedrooms which are served by the family bathroom. Externally, there is an introductory courtyard space to the front with space for displaying potted plants and other outdoor ornaments. To the rear, there is an enclosed patio garden with capacity for raised flower beds at its perimter, and is an ideal space for al fresco seating. Prospective buyers will benefit from the property’s excellent proximity to the city centre which offers a range of amenties within a comfortable walking distance.

EPC Rating: E

Agent Details

Carter & May, Salisbury

01722 548831

Next Steps?

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