3-bedroom detached house · SP5 3PD
For saleListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Retie in style to Church Leat Number 8 is a three storey town house with views over the managed gardens towards the Church to the front and over towards the Leat to the rear.
Offering flexible accommodation, the property has an attractive garden room on the rear which also gives access to an area of patio reserved for the sole use of number 8.
Church Leat is on the banks of the River Avon surrounded by water meadows and the beautiful St Lawrence’s Church with a mill stream running through the grounds called the Leat.St Laurence‘s Church dates from around 1150, but an earlier Saxon church, consecrated by St Birinus in 638 AD, once stood on this site.
The Grade I listed Church and adjoining Manor House now provide a dramatic backdrop for the cottages and apartments at Church Leat and some enviable views.Downton has a long heritage having been an important settlement for 7000 years.
Today it is a large village with a good range of shops including a supermarket and Post Office, various public houses, churches, sports facilities and a library.Well located for regional and national transport links, and seven miles from Salisbury with regular train services to London ( Waterloo)999 year lease (from 1984), no ground rent and 55+ age covenant.For viewings please contact the Courtyard Manager on 01725 514795Or
Value & comps
No previous sales on record.
Returns
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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.
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About Church Leat, Salisbury
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