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See how verdicts work3-bedroom bungalow · SP1 3PZ
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Requiring modernisation is this spacious three-bedroom detached extended bungalow which presents a rare opportunity to acquire a home with generous proportions and exciting potential, situated in a highly sought-after location.
The property welcomes you with a versatile layout that is ideal for both family living and those seeking single-level accommodation.
A generous entrance hallway welcomes you in and gives direct access to most rooms, the extended property offers a large sitting room and forms the heart of the home, offering ample space for relaxation or entertaining, while patio doors lead out to the rear garden.
The kitchen area is well-proportioned and provides scope for reconfiguration or modernisation according to personal taste.
Adjoining the kitchen, a practical utility room and separate cloakroom add convenience for everyday living (there is potential to make this into one larger room).
Each of the three bedrooms are good size doubles each benefits from a good degree of privacy and flexibility and opens views to the front aspect, easily adapting to suit a variety of needs such as home offices, guest accommodation or children’s rooms.
The property’s extended footprint ensures that every area feels spacious and adaptable, while the overall layout encourages a seamless flow between living and sleeping quarters.
Though requiring modernisation, the bungalow offers an excellent blank canvas where new owners can implement their own style and specifications, maximising both comfort and value.
Additional features include a large 34ft garage and off-road parking, providing secure storage and ease of access.
The location is another significant advantage, placing residents within easy reach of local amenities, reputable schools and convenient transport links, making daily life both practical and enjoyable.
With its combination of substantial living space, functional features and outstanding potential for enhancement, this property represents a compelling prospect for those seeking a home to refurbish and personalise in a great location.
Viewing is essential to fully appreciate the scale, versatility and promise of this detached bungalow.
Agent’s note: The property has been virtually cleared using AI tools to give the full scope of space to be used in the property. There will be chattels in the property on viewings.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Balmoral Road, Salisbury, SP1
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