3-bedroom house · SP1 2QD
Sold STCListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Grade II* period home, recently renovated, full of character and situated in the heart of the thriving City of Salisbury.
Nestled in the heart of the thriving and charming city of Salisbury, this exquisite townhouse on Crane Street offers a unique blend of historical character and modern living.
Dating from the 16th century, this Grade II* period property boasts an impressive 1,453 square feet of living space spread across three storeys, providing ample room for both relaxation and entertainment.
The property has been renovated in recent years and is now offered in excellent condition with features including exposed timbers and fireplace, sash windows and some hard flooring.
There is also gas central heating by radiators. Permit parking is available and there are car parking spots that could be leased on an annual basis.
The front door opens into a striking entrance hall with viewing glass looking down into the cellar and stairs leading to the first floor.
The kitchen is fitted with generous range of shaker style wall and floor mounted units, a large Rangemaster cooker with 5 ring gas stove & hot plate, butler's sink, integrated dishwasher and stylish fridge/freezer.
French doors open onto the charming roof terrace garden which is tiled and furnished with table, chairs and potted plants..
Beyond the kitchen is the utility room with further sink, units and a washer dryer, and the bathroom fitted with a white suite of freestanding claw foot bath with shower over, WC with high level cistern, wash basin and monochrome tiled floor.
The second floor is split level, the lower comprising the impressively styled living room with windows overlooking Crane Street and the upper level with a large double bedroom with fitted wardrobes and window overlooking the rear of the property.
The third floor is also split level with the master bedroom and ensuite to the front with exposed beams and roof timbers.
The landing to the second level has a small WC, a cupboard and a twin bedroom set into the eaves with window looking out to the side of the property.
Crane Street is set in the historic heart of the city of Salisbury with a fine array of listed period buildings yet is only a short walk from the railway station.
Salisbury boasts an excellent range of facilities – shopping, leisure, educational and cultural as well as the renowned Playhouse theatre and the market square which has a twice weekly charter market.
The mainline train station has trains to London Waterloo, journey time approximately 90 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.
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About Crane Street, Salisbury
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