3-bedroom bungalow · SP1 1NR
Sold STCListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented three-bedroom detached bungalow which boasts a double garage, a feature seldom found with properties of this criteria and location.
The property has been lovingly maintained by the current vendors, and offers a fantastic opportunity for prospective buyers to acquire a well-proportioned bungalow with a great blend of charming features with modern practicalities.
The property is located in a secluded cul-de-sac in a highly sought-after residential area on the eastern fringe of Salisbury.
The position gives residents the luxury of a convenient lifestyle with riverside walks, bus links, and countryside walks nearby.
The accommodation comprises a dual-space reception room with parquet flooring and space for dedicated sitting and dining areas, the kitchen/diner with space for a selection of seating, and three well-proportioned bedrooms which are served by the family bathroom.
Externally, there is a driveway to the front with comfortable space for two cars, and is set before twin garages with up-and-over doors to the front, and has an adjacent area of hardstanding for displaying potted plants and other outdoor ornaments.
To the rear, there is an enclosed garden which is mostly laid-to-lawn with capacity for flora and greenery at its perimeter. There is also a patio and decking area ideal for outdoor entertaining.
Residents of Bourne Close will enjoy a peaceful lifestyle, yet with great access to local amenities which include public transport links and excellent access to the Laverstock Downs for scenic countryside walks.
Salisbury city centre lies approximately a mile and a half to the west and offers a vast variety of amenities.
These include, but are not limited to, supermarkets, high-street shops, an excellent range of primary and secondary schooling, leisure facilities, and a plethora of restaurants, pubs, and bars to suit all tastes.
The Salisbury train station has direct commuter links into London Waterloo, with the area providing great road links down to the coastal cities of Bournemouth and Southampton, as well as the New Forest National Park for those who enjoy a variety of outdoor pursuits.
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
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FAQ
About Bourne Close, Salisbury, SP1
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