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See how verdicts work3-bedroom detached house · SP1 3LW
Listing removedListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly positioned 3 bedroom detached property in need of modernisation with no forward chain.
3 St Lawrence Close is a detached family home, built in the 1970s of brick construction and tile-hung elevations underneath a tiled roof.
It provides well-proportioned accommodation and is set in established, mature and private gardens.
The property would benefit from updating and modernisation but represents an opportunity to acquire a property on one of Salisbury most popular residential roads.
Internally the property has a entrance hall with stairs to the 1st floor, a coat cupboard and a cloakroom.
There are 3 reception rooms a large sitting room with fireplace and looking over the garden, a door leads onto the snug/garden room which has a door onto the garden.
There is a dining room at the front of the property which leads onto the kitchen. An inner hall leads through to the garage. On the first floor there is a landing with an airing cupboard.
There are 3 bedrooms, two comfort doubles each with a wardrobe and sink, the main bedroom also has a dressing room, and a single bedroom. There is also shower room with WC and wash hand basin.
The property has no forward chain and subject to necessary consents has potential to extend and improve.
Stratford Sub Castle is a popular suburb of the cathedral city of Salisbury, which has easy, predominantly level, access to the city centre.
Local amenities include a church, a village hall, a school and several clubs and societies.
There is easy access to both Old Sarum and the River Avon for walks (and there is a foot/cycle path leading to the city centre and to Five Rivers Leisure Centre).
There is a regular bus service to the city centre which has an excellent range of shopping, educational, leisure and cultural facilities as well as the mainline station with trains to London Waterloo (journey time approximately 90 minutes).
The house has ample gardens to the front and rear. The front has a large gravelled area for parking and turning. The rear garden is fully enclosed and predominantly laid to lawn.
Council Tax Band E Mains gas, drainage, water and electricity. From our office in Castle Street proceed away from the City Centre and at the roundabout continue straight across into Castle Road.
Continue along here and take the second turning on the left into Stratford Road and shortly after passing through the S bend turn left into St Lawrence Close whereupon the property will be seen after a short distance on the right hand side.
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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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.
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FAQ
About 3, St. Lawrence Close, Salisbury
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