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See how verdicts work2-bedroom flat · SP4 6NF
Sold STCReduced £16k (−8.6%) on 12 JunListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO ONWARD CHAIN*** A beautifully presented two-bedroom ground-floor apartment situated within the popular residential area of Old Sarum.
The property offers bright and well-proportioned accommodation, with a contemporary open-plan sitting, dining, and kitchen area designed for modern living, making it an attractive option for first-time buyers, commuters, downsizers, or investors seeking a low-maintenance home.
The apartment is entered via a welcoming entrance hall which provides access to the principal living areas and benefits from two useful storage cupboards.
The open-plan sitting, dining, and kitchen space creates a sociable and versatile environment for both everyday living and entertaining.
The living area enjoys excellent natural light, with a window to the side aspect and French patio doors opening directly onto the communal garden area, providing a pleasant connection to the outside space.
The kitchen is fitted with a range of matching wall and base units complemented by practical work surfaces and a stainless-steel sink.
There is space and plumbing for a washing machine and a full-height fridge freezer, creating a functional and well-arranged kitchen area.
The apartment benefits from two well-proportioned double bedrooms.
The principal bedroom enjoys a pleasant dual-aspect outlook and features built-in wardrobes along with the advantage of an en-suite shower room fitted with a shower enclosure, wash hand basin, WC, heated towel rail, and contemporary tiling.
The second bedroom is also a good size and offers flexibility for use as a guest room, home office, or study.
The family bathroom is fitted with a bath with shower over, wash hand basin, and WC, together with partially tiled walls and a heated towel rail.
Externally, the development is surrounded by neatly maintained communal gardens with planted shrub borders, creating an attractive and well-kept setting.
The property also benefits from allocated off-road parking within the residents’ parking area.
The apartment is ideally positioned for convenient access to the A30, A36, and A303, while Salisbury’s mainline railway station is within easy reach, offering direct services to London Waterloo.
The property also benefits from gas-fired central heating and double glazing throughout, providing comfortable and efficient living within a well-connected location.
Services The property is connected to mains services. Location The property is located within approximately 3 miles of the Salisbury city centre, close to the Beehive Park and Ride.
Salisbury offers an excellent range of amenities, these include, but are not limited to, high street shops, a bi-weekly market, copious pubs, restaurants & bars, leisure facilities including gyms and sports centres, and great schooling.
These include the Bishops Wordsworth's School, South Wilts Grammar School, and Leehurst Swan. The city also has a mainline railway station with direct links to London Waterloo and the West Country.
Additionally, Salisbury is well located for commuter links to the coastal cities of Bournemouth and Southampton.
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...
Lease 125 Years from 2009 Service charge is £141 per month Ground Rent £300
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Lanfranc Close, Salisbury ***NO ONWARD CHAIN***
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