2-bedroom detached house · SP2 0BG
For saleReduced £10k (−3.3%) on 20 JunListed 373 days
Opportunity summary
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About
A wonderful hidden gem, situated in a private location, with garden backing on to a tributary of the River Wylye.
Riverside Cottage, 43b Russell Street, is a delightful attached cottage privately located off Russell Street and therefore very convenient for the centre of Wilton.
Previously an old forge, Riverside Cottage offers a peaceful and private location.
The accommodation includes kitchen/breakfast room, hallway, sitting room, ground floor double bedroom, ground floor modern shower room, first floor double bedroom.
The kitchen/breakfast room includes a range of work top surfaces with base and wall mounted units and drawers.
Inset sink, space and plumbing for washing machine, electric cooker, pvcu double glazed window and door, tiled flooring and radiator.
From the hallway there is access to a double bedroom with pvcu double glazed window, radiator. Modern shower room with shower cubicle and electric shower unit, WC and wash hand basin.
Heated towel rail. Cupboard with gas fired central heating boiler. Pvcu double glazed window.
At the end of the hallway the sitting room is located with exposed ceiling beam, pvcu double glazed window and door, stairs then leading to the first floor.
First floor lobby landing and door to double bedroom with exposed ceiling beams, built-in storage, pvcu double glazed window and radiator.
Russell Street is located just a few minutes walk to North Street and therefore the centre of Wilton where there are day to day facilities including convenience stores, baker, hardware shop, doctors surgery, dentist and other facilities.
There is also a Thursday market. The Town has a regular bus service (including a Park & Ride) linking it to the cathedral city of Salisbury.
Salisbury itself has an excellent range of shopping, education, leisure and cultural facilities as well as the wonderful cathedral.
Accessed via a wooden gate to private garden, the garden then has fencing to the western boundary, brick wall to the southern side and to the eastern boundary a tributory of the River Wylye.
The garden is primarily gravel with well stocked borders. At the end of the garden is an attached workshop/store with double doors opening to the garden and window to the side.
It may be that you consider converting this area to form part of the overall accommodation or even a garden room. Council Tax Band B.
Mains gas, water, electricity and drainage are connected to the property. Leave Salisbury via A36 Wilton Road.
At the roundabout take the first exit onto A30 and on passing Wilton House on the left hand side and Pembroke Arms on the right hand side, then turn right into Russell Street, 43b is located on the right hand side to the rear of number 43, on foot pass beside 43, where there is then a pedestrian gate in the fence providing access to 43b.
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
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FAQ
About 43B,, Russell Street, Salisbury
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