1-bedroom flat · SP2 8NA
No longer listedListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor one double bedroom apartment in Harnham with an en-suite bathroom and an open plan sitting room/kitchen.
Location: Situated to the south-west of the city, on Netherhampton Road, the facilities of Harnham are accessible, including the Town Path which connects to Salisbury via the Water Meadows.
Locally, is the riverside Old Mill Hotel, St George's Church, a convenience stores and a takeaway. Salisbury is about 1.4 mile away by foot and the station around 1.2 miles walk, via the Town Path.
Directions: What3Words: admire.insect.crib Leave Salisbury via Newbridge Road. At the first set of traffic lights filter right, then join Harnham Road.
Continue through Harnham Road, into Netherhampton Road. Turn left into Norfolk Road, where the property will then be found on the right hand side, accessed through a wooden gate.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Netherhampton Road, Salisbury, Wiltshire, SP2
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