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See how verdicts work3-bedroom bungalow · SP1 1PG
For saleListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In excellent order throughout, an extended detached bungalow in a quiet close with garden and parking.
Spacious and light filled detached bungalow situated in a small close in the popular suburb of Laverstock, close to schools and shop.
To the front of the bungalow is a full width, brick pavior driveway offering parking for several vehicles. There is a rear pedestrian access path to the side.
Steps lead up to the part glazed front door with borrowed light over and side lights. The entrance hall has a cupboard housing the Worcester gas fired boiler for heating and hot water.
An access hatch leads to the large, insulated and boarded loft space with light and folding ladder. To the front of the bungalow are two double bedrooms with bay windows, one with a double wardrobe.
There is a further double bedroom and a family bathroom with shower cubicle.
Overlooking the rear garden is the kitchen which has been recently refitted with a good range of worksurfaces over cupboards and drawers, inset ceramic sink and drainer, space for washing machine and tumble drier, further appliance space, cooker space, stable door to garden, tiled floor.
Completing the accommodation is a through living/dining room with French doors to the garden.
The rear garden has a full width patio with low retaining wall and steps up to lawn with mature shrubs and large garden shed. All enclosed by timber fencing. Water tap.
Laverstock has an excellent range of schooling and shops and there is a nearby bus service to the city centre which lies approximately one mile away. There is also excellent walking nearby.
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.
Area
Agent & docs
FAQ
About Melvin Close, Laverstock, Salisbury
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