3 Bed Terraced House, Refurb/BRRR, Salisbury, SP3 6PN, £250,000

St. Johns Close, Tisbury, SP3 6PN - 1 views - 5 days ago

Refurb/BRRR

~93 m²

+2 photos

ValuationFair Value

Sold Prices	£185K - £595K
Sold Prices/m²	£2.2K/m² - £5.2K/m²

Square Metres	~93 m²
Price/m²	£2.7K/m²
Value Estimate	£252,500£252,500

End Value (After Refurb)	£344,444£344,444
Uplift in Value	+38%+38%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£13,700£13,700
Refurb Costs	£37,702£37,702
Bridging Loan Interest	£6,563£6,563
Total Cash In	£122,214£122,214

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£344,444£344,444
Agent Fees (1%)	£3,444£3,444
Bridging Loan	£187,500£187,500
Bridging Loan Interest	£6,563£6,563
Flip Profit	£31,286£31,286

Local Sold Prices

26 sold prices from £185K to £595K, average is £315K. £2.2K/m² to £5.2K/m², average is £3.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£230K	04/21	0.05 mi	9, St Johns Close, Tisbury, Salisbury, Wiltshire SP3 6PN	£2,644	87	3	Terraced House
£285K	01/23	0.05 mi	3, St Johns Close, Tisbury, Salisbury, Wiltshire SP3 6PN	£3,065	93	3	Terraced House
£308K	09/22	0.05 mi	16, St Johns Close, Tisbury, Salisbury, Wiltshire SP3 6PN	£2,906	106	3	Terraced House
£465K	12/20	0.11 mi	57, Church Street, Tisbury, Salisbury, Wiltshire SP3 6NH	£4,947	94	3	Semi-Detached House
£280K	12/20	0.12 mi	3, Springfield Park, Tisbury, Salisbury, Wiltshire SP3 6QN	£3,784	74	3	Semi-Detached House
£315K	05/22	0.13 mi	17, Brook Close, Tisbury, Salisbury, Wiltshire SP3 6PW	£3,539	89	3	Terraced House
£310K	04/22	0.13 mi	19, Brook Close, Tisbury, Salisbury, Wiltshire SP3 6PW	£2,818	110	3	Terraced House
£210K	03/21	0.13 mi	5a, Brook Close, Tisbury, Salisbury, Wiltshire SP3 6PW	£2,658	79	3	Semi-Detached House
£305K	04/21	0.14 mi	9, Paradise Meadow, Tisbury, Salisbury, Wiltshire SP3 6DG	£3,675	83	3	Semi-Detached House
£325K	12/20	0.17 mi	9, Church Street Close, Tisbury, Salisbury, Wiltshire SP3 6QY	£4,333	75	3	Semi-Detached House
£185K	12/20	0.25 mi	44, Churchill Estate, Tisbury, Salisbury, Wiltshire SP3 6HU	£2,229	83	3	Semi-Detached House
£555K	08/23	0.31 mi	Lawn Cottage, High Street, Tisbury, Salisbury, Wiltshire SP3 6HF	£4,111	135	3	Detached House
£435K	10/20	0.32 mi	Phoenix Cottage, Court Close, High Street, Tisbury, Salisbury, Wiltshire SP3 6HF	-	-	3	Detached House
£340K	06/22	0.34 mi	20, Churchill Estate, Tisbury, Salisbury, Wiltshire SP3 6HT	£4,000	85	3	Terraced House
£212K	10/20	0.42 mi	2, Temperance Row, Tisbury, Salisbury, Wiltshire SP3 6HW	£3,164	67	3	Terraced House
£215K	10/20	0.43 mi	20, Queens Road, Tisbury, Salisbury, Wiltshire SP3 6JN	£2,240	96	3	Terraced House
£265K	08/21	0.43 mi	1, Doctors Place, Tisbury, Salisbury, Wiltshire SP3 6HS	£3,581	74	3	Semi-Detached House
£300K	10/20	0.43 mi	11, Doctors Place, Tisbury, Salisbury, Wiltshire SP3 6HS	£3,624	83	3	Semi-Detached House
£435K	09/21	0.52 mi	Anchor Cottage, Hindon Lane, Tisbury, Salisbury, Wiltshire SP3 6PZ	£4,307	101	3	Detached House
£410K	10/20	0.55 mi	10, Snows Hill, Tisbury, Salisbury, Wiltshire SP3 6RY	£3,280	125	3	Detached House
£400K	07/23	0.61 mi	2, Alexandra Cottages, Tisbury, Salisbury, Wiltshire SP3 6QB	-	-	3	Semi-Detached House
£430K	04/23	0.62 mi	1, Targetts Mead, Tisbury, Salisbury, Wiltshire SP3 6SR	£5,232	82	3	Terraced House
£315K	04/21	0.63 mi	3, Alexandra Terrace, Tisbury, Salisbury, Wiltshire SP3 6QA	-	-	3	Terraced House
£395K	08/22	0.65 mi	2, Court Street, Tisbury, Salisbury, Wiltshire SP3 6LN	£3,726	106	3	Semi-Detached House
£595K	06/21	0.82 mi	Beaufort Cottage, 13, Tisbury Row, Tisbury, Salisbury, Wiltshire SP3 6RZ	£4,685	127	3	Detached House
£490K	03/21	0.82 mi	22, Tisbury Row, Tisbury, Salisbury, Wiltshire SP3 6RZ	£4,851	101	3	Semi-Detached House

Local Rents

9 rents from £650/mo to £2.8K/mo, average is £925/mo.

Rent	Date	Distance	Address	Beds	Type
£856	07/24	0.1 mi	-	2	Bungalow
£900	09/24	0.4 mi	The Avenue, Tisbury, Wiltshire	2	Flat
£750	09/24	0.4 mi	Park Road, Tisbury, SALISBURY	1	Flat
£925	06/23	0.45 mi	-	1	Flat
£650	09/24	0.7 mi	Tisbury, Salisbury	3	Semi-Detached House
£2,800	09/24	1.69 mi	Wardour, Tisbury, Wiltshire	3	Detached House
£2,000	09/24	2.09 mi	-	4	Semi-Detached House
£1,790	09/24	2.15 mi	17 Pythouse, Newtown, Tisbury, Salisbury, Wiltshire SP3 6PA	3	Detached House
£1,600	02/24	2.31 mi	-	3	Bungalow

Local Area Statistics

Population in SP3	11,30911,309
Population in Salisbury	93,60593,605
Town centre distance	12.22 miles away12.22 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	0.21 miles away0.21 miles away

Rental growth (12m)	+19%+19%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+18%+18%

Property History

Listed for £250,000

March 28, 2025

Floor Plans

Description

Terraced House in Quiet, Tucked Away Position +
Within Close Proximity of High Street & Mainline Station +
Would Benefit from Modernisation +
Sitting Room, Opening up into Dining Area +
Three Bedrooms, One Bathroom & Downstairs WC +
Storage Room, Plus Two Additional Storage Cupboards +
Garden to Rear +
Communal Parking +
No Onward Chain +
EPC: E +

Located in a quiet tucked away position, within the prime residential area, close to the High Street and mainline train station. No onward chain.

Agent Details

Boatwrights Estate Agents, Tisbury

01747 449967

Next Steps?

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