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See how verdicts work1-bedroom flat · SP1 3PD
Sold STCListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***VENDOR SUITED***45% SHARED OWNERSHIP*** Located in the sought-after Riverdown Park development, with excellent access into the Salisbury city centre, is this immaculately presented one-bedroom second-floor flat.
The property is offered to the market with options to buy a 45% share of its ownership.
The accommodation comprises a lovely open-plan reception room with adjoining modern kitchen with integrated oven and hob, the good-sized bedroom, and the contemporary bathroom.
The interior is well proportioned throughout, with a Juliet balcony from the sitting room providing an abundance of natural light throughout.
Externally, the block sits within well-maintained surrounding grounds, with the property coming with an allocated parking space.
Residents of Applin Road will look to benefit from the range of local amenities the development has to offer.
These include a local shop, a school, access to surrounding countryside walks, and excellent public transport links.
Approximately a mile and a half to the south, the Historic City of Salisbury is well-connected and offers a range of further amenities.
These include, but are not limited to, high street shops, super markets, a range of further schooling, and a generous choice of restaurants, pubs, and bars.
The area also offers great road links down to the coastal cities of Bournemouth and Southampton, with excellent connections into the New Forest National Park for those who enjoy a variety of outdoor pursuits.
Salisbury provides direct commuter links into London Waterloo via the train station. Lease Details: Rent - £209.31 per month. Management charge - £12 per month. Building insurance - £13.34 per month.
Service charge - £100.94 per month.
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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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 Applin Road, Bishopdown, SP1
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