1-bedroom house · SP1 3GF
For saleListed 134 days
Opportunity summary
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About
***WATCH THE VIDEO TOUR*** A beautifully appointed one-bedroom retirement apartment forming part of the prestigious Castle Gate development, an exclusive collection of retirement residences designed for the over-60s.Ideally positioned in the heart of Salisbury, just a short level walk from the Market Square and city amenities, the apartment offers an exceptional combination of independence, security and convenience, together with allocated parking and access to outstanding communal facilities.
The development has been thoughtfully designed to provide a safe and welcoming environment, complemented by the reassurance of a dedicated House Manager, a 24-hour emergency call system, lift access to all floors and a vibrant residents’ community.
The apartment itself is exceptionally well presented and offers bright, well-balanced accommodation throughout.
A welcoming entrance hall provides access to all principal rooms and benefits from a generous storage and utility cupboard, illuminated light switches and an integrated emergency response system.
The sitting room is a particularly attractive reception space, flooded with natural light from a large floor-to-ceiling window and offering ample room for both sitting and dining furniture.
An elegant, glazed door leads through to the kitchen, enhancing the sense of light and space.
The contemporary kitchen is beautifully fitted with a range of high-quality gloss-fronted cabinetry and complementary work surfaces, incorporating integrated appliances including an electric oven, ceramic hob with extractor above, dishwasher and fridge/freezer.
A window above the sink provides natural light and a pleasant outlook.
The double bedroom is generously proportioned and benefits from a superb walk-in wardrobe, providing extensive hanging and storage space.
The room is bright and comfortable, creating a peaceful retreat.
The shower room is finished to an excellent standard and features a large walk-in shower with glazed screen, vanity unit with integrated basin and storage, WC, heated towel rail, illuminated mirror and contemporary tiling throughout.
Castle Gate offers an impressive range of communal facilities designed to enhance residents’ lifestyles.
These include a beautifully presented residents’ lounge with direct access to a terrace and landscaped gardens, a guest suite for visiting family and friends, lift access throughout the building and attractive communal grounds that are meticulously maintained.
The location is one of the development’s greatest assets.
Situated within the city centre, residents can enjoy immediate access to Salisbury’s excellent range of independent shops, cafés, restaurants and cultural attractions.
The River Avon lies nearby, providing delightful riverside walks and attractive green spaces, while Salisbury’s renowned cathedral, theatre and leisure facilities are all within easy reach.
Castle Gate represents an outstanding opportunity to acquire a high-quality retirement apartment within one of Salisbury’s most desirable later-living developments.
Combining elegant accommodation, excellent communal facilities, allocated parking and a prime city centre location, the property offers a refined and secure lifestyle in a highly convenient setting.
Ideal for those seeking independence with the reassurance of additional support when required, this is a superb retirement home in the heart of Salisbury.
Lease Tenure: Leasehold The property is leasehold and the lease is 999 years from 1st January 2020. Service charge £3618.02 annually, reviewed annually and set on 1st March annually.
Ground rent-£425 annually.
To be reviewed January 2035 The service charge includes the 24-hour emergency call system, House Manager services, buildings insurance, maintenance and cleaning of communal areas, external window cleaning, communal heating and lighting, grounds maintenance and contributions towards future redecoration and maintenance funds.
Services The property is connected to mains electricity, drainage and water. There is no mains gas.
Material Information Under current legislation, as set out in the Consumer Protection from Unfair Trading Regulations 2008, estate and letting agents have a legal obligation not to omit material information from property listings.
Part A: - Price, tenure, and council tax. (Included) Part B: - Physical characteristics, number of rooms, utilities, and parking.
(Included) Part C: - • Building safety, e.g., unsafe cladding, asbestos, risk of collapse - we understand the property is safe. • Restrictions, e.g.
conservation area, listed building status, tree preservation order - we are not aware of any restriction in this regard. • Rights and easements, e.g.
public rights of way, shared drives - we are not aware of any rights of access. • Flood risk - We understand the property is not in a flood risk area.
• Coastal erosion risk - we understand the property is not at risk of coastal erosion. • Planning permission – for the property itself and its immediate locality - we are not aware of any nearby...
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
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