3-bedroom bungalow · SP5 1PZ
Listing removedListed 189 days
Opportunity summary
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About
An exciting opportunity to purchase a detached bungalow in need of modernisation, set within 1.62 acres of garden grounds and paddock, with tremendous scope for enlargement and far-reaching countryside views to the rear.
A detached bungalow with brick elevations beneath a mainly tiled roof, with a glazed porch and single garage under felt roofs.
The well-laid-out accommodation is thoughtfully arranged, with all the living areas to one side, including a living room, dining room, study, and kitchen breakfast room with a separate small laundry, and three large double bedrooms to the other side accessed via a side hall, sharing a generously sized bathroom with a shower cubicle.
The property stands in gardens and grounds extending to approximately 0.4 acres, with an immediately adjoining 1.22-acre paddock accessible via the garden or a separate track, ideal for grazing or rewilding.
To the front, there is a gated driveway providing parking, while the rear enjoys superb open views over rolling farmland to distant woodland.
There is great scope to extend and enhance the property, particularly if second-floor living could be introduced, creating an excellent family residence, but naturally this will be subject to obtaining the necessary consents.
Location The property enjoys a quiet elevated setting on the edge of East Winterslow (part of The Winterslows).
The village provides a range of amenities including a post office, shops, public houses, doctors surgery/pharmacy, primary school and public tennis court.
There is a bus stop for schools on the corner of Mill Lane.
Salisbury (8 miles) offers a comprehensive range of shopping and leisure facilities, as well as excellent schooling (both state and private) including boys and girls grammar schools, and also a mainline railway station providing services to Waterloo.
There is also a mainline railway station at Grateley (9 miles) with trains to Waterloo in 75 mins. There is access to London and the West Country via the A343/A303
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 Restholme,, Tytherley Road, Salisbury
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