1-bedroom flat · SP1 2EZ
Listing removedListed 419 days
Opportunity summary
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About
A well presented, one bedroom ground floor apartment, set in the Cathedral Close This attractive ground floor apartment is presented in excellent condition and offers comfortable, well-designed and recarpeted living space throughout.
Upon entering, a welcoming entrance hall features a useful coat cupboard and leads into a well-proportioned sitting/dining room.
This inviting space benefits from a south-facing bay window with lovely views over Catalpa Square, The layout naturally separates into defined sitting and dining areas, creating a flexible space for relaxing or entertaining.
The kitchen is fitted with a good range of cream wall and base storage units, complemented by sleek grey worktops.
It includes space and plumbing for a washing machine, along with a stainless-steel sink and drainer, offering both style and practicality.
The generous double bedroom has recently been redecorated and has a built-in wardrobe, providing ample storage.
There is a spacious bathroom which completes the accommodation with a bath, wash basin, and low-level WC. There is a charming round window with obscured glass which adds character and privacy.
The property is situated within the grounds of Sarum St Michael and overlooks the pretty garden which is called ‘Catalpa Square.’ Sarum St Michael is planted and maintained with a large area of lawn with river frontage and numerous benches to enable residents to sit and enjoy the wonderful views.
There is ample parking.
Location Located with 3 acres of communal gardens, which also offer stunning views of the River Avon and `Constables water Meadows`, this lovely property is set within Salisbury's iconic Cathedral Close.
Salisbury's mediaeval centre is within easy walking distance and boasts a well- thought of Playhouse and busy twice-weekly charter market.
There is a plethora of restaurants, coffee shops, shopping and leisure facilities.
Salisbury has excellent road links to London and the West Country (A303), Southampton (A36) and Bournemouth (A338), and provides direct trains to London Waterloo (90 minutes), Bristol (80 Minutes)
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 161, The Close, Salisbury
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