2-bedroom flat · SP1 2EY
Listing removedReduced £25k (−7.1%) on 1 JulListed 217 days
Opportunity summary
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About
A very well presented two bedroom second floor, lateral apartment set in the heart of Salisbury's fabled Cathedral Close, with parking.
The Property A well-presented two-bedroom second floor apartment set within 3 acres of communal gardens including spectacular outlook over the River Avon and views to the west over ‘Constables Water Meadows’.
Set within Salisbury's iconic Cathedral Close, the property offers easy living close to its parking, this apartment offers a good size entrance hallway, good storage and excellent room proportions throughout.
Accessed via a communal entrance stairs lead up to the second floor to this apartment.
The private entrance hall provides access to all the other rooms with an attractive laminate flooring which runs through to the kitchen and bathroom.
From the private hallway and to the front the double aspect and spacious living room enjoys delightful views over the water meadows and the communal gardens.
The kitchen, again with delightful views is fitted with a modern range of floor and wall units, work surfaces with a built-in four ring electric hob with electric oven below.
There is plumbing and space for a washing machine an integral dishwasher and fridge.
The main bedroom another dual aspect room with two built-in double wardrobes across one wall and cabin style wardrobe over the bed on the opposing wall.
The modern fitted bathroom with double storage cupboard, large double shower cubicle, wash basin with vanity unit below and WC. A smaller bedroom completes the accommodation.
Offered with no onward chain.
Outside The property sits within approximately three acres of attractive and well maintained communal gardens which run down to the River Avon, with delightful views over the water meadows beyond and also of the cathedral.
We understand that Sarum St. Michael retains the fishing rights in the portion of the River Avon adjoining the communal gardens (subject to a rod license and in due season).
Each flat has the right to park a car in the parking spaces, with visitors parking permits available as well. Location Located directly alongside the River Avon within the highly coveted Sarum St.
Michael of Salisbury's Cathedral Close; a rare and historical area with numerous period buildings (including Arundells and Mompesson House), Salisbury Museum and an atmosphere all of its own.
Salisbury boasts a well-thought of Playhouse and twice-weekly charter market, with a plethora of restaurants, shopping, and leisure facilities.
Salisbury has excellent road links to London and the West Country (A303), Southampton (A36) and Bournemouth (A338), and provides direct trains to London Waterloo (90 mins), Bristol (80 mins) and Bath (60 mins) from Salisbury mainline railway station.
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.
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FAQ
About 139, The Close, Salisbury
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