2-bedroom flat · SP2 0FT
Sold STCListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a prime, yet peaceful residential location on the edge of the historic market town of Wilton is this immaculately-presented two-bedroom first-floor flat.
The property has been lovingly maintained by the current vendors who have owned it since new in 2017.
The property boasts a deceptively spacious interior, and provides a fantastic opportunity for a range of prospective buyers including those looking to downsize, first-time buyers, or investors looking to start or expand a buy-to-let portfolio.
The accommodation comprises a welcoming entrance hall which gives access to the open-plan kitchen/sitting/dining room which is imbued with natural light thanks to the large bay window to the front and other side window, this provides ample room for separate sitting and dining areas with the kitchen offering integrated appliances and ample worktop space.
There are also two well-proportioned bedrooms, with an en-suite to the main, and a family bathroom. Externally, the property boasts allocated parking, with visitor parking available.
There are also surround communal green spaces which are well maintained.
The property is situated in the peaceful Erskine Park development on the edge of the historic market town of Wilton, which lies approximately four miles west of the Cathedral City of Salisbury.
Wilton itself has good day to day amenities including a bakery, two convenience stores, a doctors, hardware store, post office, library, cafes, pubs and restaurants as well as the weekly market held in The Square.
Nearby Salisbury has an excellent range of further facilities – shopping, leisure, educational and cultural, as well as a mainline station with direct trains to London Waterloo (journey time approximately 90 minutes).
There is a regular bus service between Wilton and Salisbury for those needing regular access to the city.
The area is well positioned for those needing links down to the coastal cities of Bournemouth and Southampton, as well as routes into the New Forest for those who enjoy a range of outdoor pursuits.
Lease Details: 125 years from 1st January 2015. There is an annual ground rent of £375, with a service charge of £900. Paid bi-annually. EPC Rating: B
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
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FAQ
About Loder Lane, Wilton, SP2
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