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See how verdicts work2-bedroom flat · SP1 1JW
Sold STCListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This character, converted two bedroom upper ground floor flat, occupying a convenient location just outside the city centre is available and offered to the market with no onward chain.
The property is a character, converted two bedroom upper ground floor flat occupying a convenient location just outside the city centre and offered to the market with no onward chain.
It has its own private front door which accesses the private entrance hallway which leads to all the rooms. The sitting room has a double aspect with an attractive bay window to the front.
The kitchen has base and wall units with ample work surfaces and an integrated electric oven and hob with an extractor over, There is both space for a fridge/freezer and washing machine and there is a sink under the side window with a further window to the front.
The wall mounted gas boiler is also located in the kitchen.
There are two bedrooms together with a bathroom that has a white three piece suite with a shower over the bath, Further benefits include gas central heating, secondary glazed sash windows and parking within a gravelled parking area to the side.
The flat forms the lower part of an attractive character building which is located just outside the ring road and therefore near to the city centre.
Also nearby is a popular park (The Greencroft) and there is a Co-op store nearby. The city centre offers an excellent range ot other amenities and can be easily reached via a pedestrian underpass.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Elm Grove Road, Salisbury
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