3-bedroom terraced house · SP1 3NA
Sold STCListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO ONWARD CHAIN*** Available now is this fantastic renovation opportunity situated within a prime residential area on the nearby northern outskirts of the Cathedral City of Salisbury.
In coming to the market this property presents an excellent opportunity for those looking to make the most this a rare chance to renovate a riverside home with nearby access to a range of day-to-day amenities.
The ground floor comprises a convenient cloakroom, the good-sized reception room, and the kitchen.
Upstairs there are three well-proportioned bedroom which are served by family shower room with additional WC.
Externally, there is a driveway parking to the front which is set before the single integral garage.
To the rear, the sliding doors from the sitting room open to an enclosed garden with the river Avon flowing passed at the very rear of the plot.
Hulse Road is situated on the northern edge of the Salisbury city centre which is within approximately half-a-mile.
Salisbury offers wide variety of amenities which include, but are not limited to, high-street shops, supermarkets, cafes, copious restaurants, pubs & bars, ample leisure facilities including the very nearby Five Rivers Leisure Centre, and a great range of schooling.
These include South Wilts Grammar School, Bishop Wordsworth's, Godolphin boarding school, and Leehurst Swan.
Additionally, Salisbury train station offers great commuter links to London Waterloo and the West Country.
The area is also well connected for good road links down to the coastal cities of Southampton and Bournemouth, and routes into the New Forest.
The immediate area is very well connected to Salisbury and the surrounding areas via public transport as well as convenient links to the A303 to the north.
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.
Area
Agent & docs
FAQ
About Hulse Road, Salisbury, SP1
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