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See how verdicts work2-bedroom house · SP1 2SU
For saleListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor two bedroom apartment offered with no onward chain. Entrance hallway, sitting/dining room, kitchen and bathroom.
Excellent communal amenities including a garden, residents lounge and guest room.
The property is a well appointed ground floor apartment formed partly from the old Salisbury museum building and has a favoured position within this popular retirement complex for the over 55's.
St Ann Place has excellent communal facilities including a large rotunda residents lounge, a guest suite and laundry room, communal parking (on a first come, first served basis) and attractive communal gardens.
There is also the added security of a resident house manager. There is a secure entry to the building and emergency pull cords in most rooms and the property lies within easy reach of the city centre.
The well proportioned accommodation comprises a communal and private entrance hallway, which leads to the bathroom, two good sized bedrooms and a large sitting/dining room which has a door leading directly onto St Ann Place.
The kitchen has a good range of units and an integrated electric oven. Further benefits include partial double glazing and electric central heating.
The communal gardens are attractively maintained for the residents and include lawns, patio and seating areas. Offered with no onward chain.
St Ann Place lies off St Ann Street so is centrally positioned within the city, the centre of which is within level walking distance.
It offers an excellent range of amenities and a railway station serving London (Waterloo).
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.
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FAQ
About St. Ann Place, Salisbury
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