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4 Bed Semi-Detached House, Single Let, Salisbury, SP1 3AT £425,000

Park Street, Salisbury, SP1 3AT - 5 months ago
  1. Deal Search
  2. Salisbury
  3. SP1
  4. SP1 3AT
BTL
~129 m²

ValuationUndervalued

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Property History

Price changed to £425,000

October 6, 2025

Listed for £450,000

July 7, 2025

Description

  • MIXED USE SCHEME +
  • THREE APARTMENTS +
  • ATRACTIVE SHOP - FULLY LET +
  • BILLBOARD INCOME +

*INVESTORS ONLY*THREE FLATS / ONE SHOP / BILLBOARD*** Occupying a prime commercial and residential position on the outskirts of the Salisbury city centre is The Park House. The property offers a fantastic opportunity for investors to buy a multi-use lot with established incomes and long leases there to benefit any prospective buyer. The commercial element of the property is currently a pet grooming salon, with the property also coming with three flats which are currently rented out. There is also a billboard which adds an extra revenue stream. The breakdown of the leases and incomes are as follows:

  • SHOP: HOP: 57 Estcourt Road - Current tenancy ceases on 10/07/2025 but new lease will be set up at £9000 per annum.

  • FLAT 1: Current rent of £7,140 per annum - 999 years from November 2007.

  • FLAT 2: Current rent of £8,340 per annum - 999 years from November 2007

  • FLAT 3: Current rent of £10,500 per annum - 999 years from November 2007

  • Billboard: Current income of £1,400 per annum - new 5 year lease.

All three flats will be sold with tenant in situ. The current TOTAL annual income is £35,880. The buyer will be buying the FREEHOLD interest.

Agent Details

Carter & May, Salisbury

01722 548831

Next Steps?

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

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