3-bedroom bungalow · SP5 1NU
For saleReduced £50k (−12.5%) on 11 OctListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly position 3 bedroom detached Woolaway bungalow on a 0.3 acre plot backing onto fields in the enviable hamlet of Frenchmoor.
Jays Holme presents a rare opportunity to buy a property in need of modernisation or the possibility (subject to planning) of demolishing and building a new property in the exceptionally popular hamlet of Frenchmoor.
The property sits on a plot of around 0.3 acres with fields on two side affording wonderful rural view.
The property is of Woolaway construction and there for ideally suited to a buyer that does not require a mortgage. Internally the bungalow has a small entrance porch, a kitchen/dining room.
The kitchen has a variety of built in units, stainless steel sink set in a work top, built in electric oven and hob. There is also a Rayburn and a cupboard with a hot water cylinder.
The sitting room has a fireplace and doors onto the garden. An inner hall leads to 3 bedrooms and a bathroom with a sperate WC. No forward chain.
Frenchmoor near West Tytherley, whilst well removed from any main roads, is readily accessible being within easy reach of the A30 to the north which links with the A303 and M3 to London.
The Cathedral City of Salisbury to the west and Winchester to the east both have stations on the mainline to Waterloo and there are local stations nearby at West Dean and Dunbridge (on the line from Salisbury to Romsey and Southampton).
West Tytherley is understandably popular and has a modern post office/general store, public house, church, village hall, Church of England primary school.
There is excellent walking and riding in the surrounding downland countryside. Externally the property has a drive providing good off-road parking.
There is a single garage and a separate brick built out building with 2 good size rooms one of which has a fireplace.
The large rear garden is predominately laid to lawn with a selection of mature trees. Council Tax Band - D Main water and electricity are connected. Drainage to a private system.
What 3 words: Campfires.talkative.flute
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Jays Holme,, Frenchmoor, Salisbury
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