2-bedroom terraced house · SP2 8FW
Sold STCListed 162 days
Opportunity summary
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About
SUMMARY A well-presented two-bedroom home in Harnham, just a short distance from the city centre.
The property features a modern kitchen and bathroom, along with two allocated parking spaces, making it an ideal purchase in a popular residential area.
Purchase as 75% shared ownership or 100% ownership. DESCRIPTION A well-presented two-bedroom home situated in the sought-after Magnolia Close, Salisbury.
This charming and well-maintained property offers an excellent opportunity for buyers looking to secure a home in a highly regarded residential area, conveniently positioned within easy reach of the city centre.
The accommodation benefits from a modern and stylish finish throughout, including a contemporary kitchen and bathroom, both thoughtfully designed to combine practicality with comfort.
Externally, the property is further enhanced by the two allocated parking spaces. An ideal purchase for first-time buyers, investors, or those seeking a low-maintenance home in a desirable location.
Salisbury offers a range of amenities, these include, but are not limited to, supermarkets, high-street shops, twice weekly markets, copious restaurants, pubs and bars, a theatre, the arts centre, a cinema and renowned state and private schools.
These include Bishop's Wordsworth School, South Wilts Grammar School, Godolphin School, and Leehurst Swan.
Leisure and recreational facilities include the very nearby Five Rivers Leisure Centre, private members gymnasiums, a golf club, and recreation grounds.
Salisbury train station offers direct commuter links to London Waterloo, Southampton and the West Country. Entrance Hall Doors to lounge, cloakroom, kitchen and stairs to first floor landing.
Kitchen 10' 11" x 8' 8" ( 3.33m x 2.64m ) Comprising wall and base units with work surfaces over, stainless steel drainer sink unit with mixer taps, oven, hob unit with extractor unit over, space for slimline dishwasher, space for washing machine and fridge/ freezer, combi boiler concealed in raised cupboard, front aspect.
Lounge/ Dining Room 16' 9" max x 13' 3" max ( 5.11m max x 4.04m max ) Open plan living, storage cupboard, door to rear garden and rear aspect.
First Floor Landing Access to bedrooms, bathroom and loft. Bedroom One 13' 5" max x 13' max ( 4.09m max x 3.96m max ) Rear aspect. Bedroom Two 13' 6" x 11' 5" ( 4.11m x 3.48m ) Front aspect.
Bathroom Comprising a panel enclosed bath with mixer taps, glass screen and shower over, pedestal wash hand basin with mixer taps and WC.
Outside Rear Garden An immaculately presented space, leading from the lounge door you have a patio area and pathway leading to a seating area ideal for hosting or relaxing.
Mostly laid to lawn the garden is lower maintenance with stone borders and wood panel fencing. Other features are an external light and rear gated access.
Parking Parking for two cars allocated staggered spaces to the front of the property. Agents Note Please be advised the property is being sold with 75% share of the freehold.
The current monthly rent is £192.58 and monthly service charge of £62.28. We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 Magnolia Close, Salisbury
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