2-bedroom flat · SP1 2RQ
Sold STCListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose-built two double bedroom ground floor apartment situated within walking distance of the City Centre.
Comprising a modern kitchen and bathroom, together with a good size living room, attractive communal grounds and a private patio area. Entering the property the hall has two good storage cupboards.
The living room is 'L' shaped and provides a lovely space for the owners to relax and dine, opening to the patio. The kitchen is well appointed with a range of modern units.
Both bedrooms are doubles and face the rear, complimented by a modern fitted bathroom. Outside the grounds are well tended and comprise lawns with flower beds.
Location The property stands on the outskirts of the centre of the City with its excellent amenities including shops, cinemas, a theatre and bus routes that are local and also ones that allow you to travel out of the area.
The mainline railway station provides a direct, regular service to London Waterloo in approximately 80 minutes. Services are also available to the West Country and Wales.
Major road links are close by too that serve, Southampton, the M27 and the A303. COMMUNAL ENTRANCE HALL: Stairs down to the ground floor hall where the front door to the apartment will be found.
ENTRANCE HALL: Two built in storage cupboards, Door into. INNER HALL: Radiator, doors off to. LIVING ROOM: 'L' Shaped.
radiator, window to the side, window to the front, glazed door onto the paved patio.
KITCHEN: Fitted range of gloss white fronted base units incorporating cupboards and drawers beneath a contrasting worksurface. Further range of matching wall units.
Inset sink, inset four plate electric hob with electric oven below and canopy over.
Space and plumbing for a washing machine, space for fridge/freezer, wall mounted boiler, radiator, tiled floor and part tiling to the walls. Window to the front.
BEDROOM 1: Radiator, window to the rear. BEDROOM 2: Radiator, window to the rear. BATHROOM: Modern fitted white suite comprising a bath with thermostatic shower over and glass screen.
WC and wash hand basin. Heated towel rail, fully tiled walls and floor. Window to the rear. OUTSIDE: The property stands in well maintained grounds comprising lawns with flower and shrub beds.
LEASE: 999 Years from 29th September 1963 SERVICE CHARGE: £1,550.40 per annum paid half yearly GROUND RENT: £20 per annum COUNCIL TAX: Band C EPC: C Sales Disclaimer (OVM): These particulars are believed to be correct and have been verified by or on behalf of the vendor.
However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and, unless otherwise stated, fixtures, contents and fittings are not included in the sale.
Value & comps
No previous sales on record.
Returns
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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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About Shady Bower Close, Salisbury
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