We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SP5 3FB
For saleListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-Bedroom Ground Floor Shared Ownership Apartment with Allocated Parking in Central Downton, Salisbury Set in the heart of Downton, Salisbury, this well-presented ground-floor apartment offers spacious rooms, practical features, and easy access around the home.
With two double bedrooms, underfloor heating, allocated parking, and no onward chain, it’s ready for your next move.
Located in central Downton, Salisbury, this two-bedroom ground-floor apartment combines comfort, convenience, and low-maintenance living.
Inside, the property offers a spacious living room with plenty of room to relax or entertain, while the fitted kitchen comes equipped with a freestanding oven, fridge freezer, and washing machine, making moving in that little bit easier.
Both bedrooms are generous doubles, with the main bedroom benefiting from a fitted wardrobe and added storage.
The bathroom features a modern white suite, complemented by a separate WC and additional storage cupboards throughout the apartment.
Underfloor heating adds a modern touch and helps create a warm and comfortable feel across the home.
The property also benefits from an allocated parking space and is offered with no onward chain, helping make the moving process more straightforward.
This ground-floor apartment has features that may suit buyers looking for easier access and wheelchair-friendly living. Available on Shared Ownership resale you could buy with just a 5% deposit.
Please note, a local connection to Wiltshire is required. This could mean living, working or having family living in the area. Staircasing is capped at 80% for this property.
Price breakdown: Full market value: £220,000 Minimum share value: £55,000 based on a 25% share* Minimum share deposit: £5,500 based on a 5% deposit Estimated monthly service charge: £432 (reviewed once a year) Estimated monthly rent: £336 Estimated monthly payments: £1,027.64 *Other shares available.
Property Ownership Information Tenure Leasehold Council Tax Band D Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £432.00 Service Charge Review Period Every 1 year Lease End Date 24/03/2109 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 5 The Old Tannery, Downton, Salisbury
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