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 semi-detached house · SP1 3NX
Sold STCListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive and well-proportioned two-bedroom home, occupying a popular residential position within easy reach of Hudson’s Field, Victoria Park and Salisbury city centre.
Offering approximately 900 sq. Ft. Of accommodation, the property is complemented by driveway parking for two vehicles and a good-sized rear garden.
The front door opens into an entrance hall, with access into a generous sitting room measuring almost 16 feet in length.
This comfortable reception space offers ample room for a variety of furniture arrangements and leads naturally through to the conservatory.
Overlooking and opening onto the rear garden, the conservatory provides valuable additional living space and is ideally suited for use as a dining area, garden room, playroom or home office.
The kitchen/diner extends to more than 19 feet in length and provides an excellent range of workspace and storage, together with room for a dining table.
A useful adjoining lean-to offers further storage and convenient access to the outside. Upstairs, the principal bedroom is a well-proportioned double with built-in storage.
The second bedroom is ideally suited to use as a child’s bedroom, guest room or dedicated study, while a spacious family bathroom completes the first-floor accommodation.
Outside, the property benefits from driveway parking for two vehicles.
The good-sized rear garden provides an attractive setting for outdoor dining, entertaining and family enjoyment, with plenty of scope for buyers to make the space their own.
Waters Road is conveniently positioned close to the open green spaces of Hudson’s Field and Victoria Park, while Salisbury city centre is also within easy reach.
The city offers an excellent selection of shops, restaurants, leisure facilities and schooling, together with a mainline railway station providing direct services to London Waterloo and other major destinations.
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.
Area
Agent & docs
FAQ
About 48, Waters Road, Salisbury
Explore nearby