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See how verdicts work4-bedroom semi-detached house · SP1 3YA
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A carefully and beautifully renovated four-bedroom townhouse, with separate garage and workshop.
Old School House dates back to 1860, with Gothic brick elevations and stone mullion windows and archways.
The property was bought by the current owners in June 2023 and has been the subject of a meticulous and sympathetic renovation and refurbishment.
Grade II* Listed, the house has been reimagined as a lovely home, with some careful alterations, exquisite finishes and stunning décor throughout.
The flooring utilises engineered oak in herringbone parquet style, with under-floor heating across the ground floor.
Notably, the property heating system was also overhauled and partly re-plumbed, with a new Vaillant boiler.
Accessed directly off School Lane into a welcoming entrance hall, the ground floor has been reconfigured, creating a wonderful open kitchen and dining area, with the all-important and practical boot room and utility space just off.
Within the kitchen, there are ample base units and the cupboard doors have DeVol pulls and handles.
As well as new skylights bringing in plenty of natural light, there is a door from the dining area directly out to the garden, whilst a side door from the boot room also links to the garden and gate out to the lane for everyday use.
There are two superb living rooms, presently used as a sitting room and playroom. Both rooms have Dunsley log-burners and working shutters.
Upstairs, there are four main bedrooms (one with ensuite bathroom), a family bathroom and a smaller fifth room which is presently used as a home office. There is also extensive attic storage space.
The owners have not re-carpeted the upper floors, giving optionality to incoming buyers to choose their preferred option.
Located in the Conservation Area, the property lies in a sought after residential area. The garden lies to the rear of the house, with a deep flagstone terrace off the dining area.
Floral borders edge the lawn.
Whilst there is resident permit parking (Zone A), the property also comes with a detached garage and adjoining workshop amounting to 364 sq ft in total, located at the end of School Lane on Belle Vue Road.
Located on School Lane a moment from Wyndham Park, Old School House is a short, level walk from all of the city’s excellent range of facilities – shopping, leisure and cultural.
Salisbury boasts a well-thought of Playhouse, an Everyman cinema and twice-weekly charter market, with a plethora of restaurants, shopping, and leisure facilities.
There are a number of primary and secondary schools, both private and state, including boys and girls grammar schools.
Salisbury’s prized grammar schools of Bishops and in particular South Wilts Grammar school for girls are with walking distance.
Salisbury also offers some excellent local private schools including: The Cathedral School, Leehurst Swan, and Chafyn Godolphin.
Salisbury has excellent road links to London, Southampton and Bournemouth and provides direct trains to London Waterloo from Salisbury mainline railway station (journey time approximately 90 minutes).
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
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FAQ
About School Lane, Salisbury
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