1-bedroom flat · SP2 7NW
Sold STCListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor flat, ideal for first time buyer or investor, situated on the edge of the city and offered with vacant possession.
Part of a converted house situated on the edge of the city within easy walking distance of the railway station and other facilities, a smart one bedroom ground floor flat offered with vacant possession.
The house sits behind a picket fence with tarmacadam driveway to the side.
The communal entrance door is located on the side and gives access to a communal hallway with meter and consumer unit cupboard.
A personal front door leads into an entrance lobby which in turn leads to the kitchen/breakfast room.
This has a wood effect floor, worksurfaces with base and wall mounted cupboards, built in oven, hob and extractor hood, single drainer sink unit, space and plumbing for washing machine, further appliance space, tiled splashbacks and deep storage cupboard.
The sitting room is to the rear with bay window and fireplace with electric fire.
The bedroom is also to the rear with built in wardrobe and there is a bathroom with panel bath and shower over, wc, hand basin, heated towel rail and airing cupboard with hot water tank.
Outside is a communal, paved garden space with water tap, room for bins and drying area. Private off street shared parking. Tenure: Share of freehold together with a 999 year lease from 2010.
Maintenance is £20 per calendar month. No ground rent.
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.
Area
Agent & docs
FAQ
About Churchfields Road, Salisbury
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