2-bedroom flat · SP2 8FL
For saleListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately-presented two-bedroom top-floor apartment which boasts a deceptively spacious accommodation which has been lovingly maintained by the current vendors.
In coming to the market, this property presents a fantastic opportunity for a range of prospective buyers including downsizers, first-time buyers, and those looking to start or expand an investment portfolio.
The accommodation comprises an open-plan reception room with space for dedicated sitting and dining areas which flow through to the contemporary kitchen with integrated appliances, two well-proportioned bedrooms with built-in mirror-fronted wardrobes to the main and a Juliet balcony in bedroom two, and the family bathroom.
Externally, the property offers an allocated parking space which is located to the rear of the block.
The property is located on a popular modern development on the southern edge of the City of Salisbury with good local facilities including a supermarket with butchers within walking distance, as well as a good local bus service into the city centre.
Salisbury District Hospital is also nearby, and the facilities at Harnham include a school, garage, further shops, a recreation ground, church, and hall.
The city centre is approximately 2 miles away where there are further facilities including a mainline railway station, offering great commuter links to London Waterloo and the West Country.
There is a good choice of shops and supermarkets and also two cinemas and Salisbury Playhouse.
There is a wide range of schooling including: South Wilts Grammar School, Bishop Wordsworth's, Godolphin boarding school, and Leehurst Swan as well as the nearby Sarum Academy.
The area is also well connected for good road links down to the coastal cities of Southampton and Bournemouth, and routes into the New Forest.
The immediate area is very well connected to Salisbury and the surrounding areas via public transport, as well as convenient links to the A303 to the north.
Leasehold - 125 years from 1st January 2013.
The seller informs us that the ground rent is £200 per annum and the monthly service charges are £220 which includes buildings insurance, maintenance of the internal and external communal areas, communal cleaning, electricity and general maintenance.
EPC Rating: B
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.
Area
Agent & docs
FAQ
About Flint Way, Salisbury, SP2
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