3-bedroom semi-detached house · SP2 7LX
For saleListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO ONWARD CHAIN*** A good-sized three-bedroom semi-detached house situated within a convenient residential position, providing residents with the opportunity for a practical lifestyle thanks to its proximity to the Salisbury city centre, and the train station.
Offered to the market with no onward chain, this property offers a great opportunity for a range of prospective buyers including downsizers, first-time buyers, or for those looking to start or expand an investment portfolio.
The ground floor if first introduced via the entrance hall which flows through to the open-plan reception room with offers ample room for dedicated sitting and dining areas.
There is also a kitchen with space for a range of appliances and has scope for modernisation.
Upstairs there are three well-proportioned bedrooms, two doubles and a single, which are served by the contemporary family shower room.
The interior has been well-maintained by the vendors, yet offers great capacity to enhance further.
Externally, there is a driveway to the front which leads up to the single garage with up-and-over door to the front, and has an adjacent garden space home to a variety of flora and greenery.
To the rear, there is a tiered garden which offers great scope for landscaping, and has a raised patio with space for seating.
Situated within a comfortable walking distance of the centre of Salisbury, prospective buyers will be able to benefit from the extensive range of amenities on the city has to offer.
These include, but are not limited to, high-street shops, supermarkets (one of which is a very close distance), cafes, copious restaurants, pubs & bars, ample leisure facilities including gyms and leisure centres, and a great range of schooling.
These include South Wilts Grammar School, Bishop Wordsworth's School, Godolphin boarding school, and Leehurst Swan. The immediate area is also positioned to benefit from nearby riverside walks.
Additionally, Salisbury has great commuter links to London Waterloo and the West Country via the train station.
The area is also well connected for good road links down to the coastal cities of Southampton and Bournemouth, as well as routes into the New Forest.
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 Palmer Road, Salisbury, SP2
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