2-bedroom terraced house · SP5 3GD
Sold STCListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***53% SHARED OWNERSHIP*** A deceptively spacious nearly new two-bedroom property with a large south facing garden garden situated in a newly established, exclusive development within the sought-after village of Alderbury.
The accommodation has been lovingly maintained by the current vendor, and offers a fantastic opportunity for prospective buyers who are looking to get on the property ladder, or for those looking to pursue the 100% option.
The modern interior comprises of an entrance hallway, comprehensive kitchen/diner with space for a range of appliances and a dedicated area for a dining table and chairs.
The downstairs cloakroom is located off the hallway and this leads on to the sitting room with large double patio doors leading out to the south facing rear garden.
Upstairs there are two good-sized bedrooms which are served by the family bathroom with modern fitted suite which includes panelled bath with mains thermostatic power shower over, vanity wash hand basin and modern complimentary tiling.
Externally, the property occupies a generous plot with ample driveway parking to the side.
The rear south facing garden is of great size, fully enclosed by timber fencing, double doors from the sitting room open to the rear patio and its the ideal space for al fresco dining.
The remaining garden is laid to lawn and offers a blank canvas to keen gardeners, timber gate for practical access to the front of the plot.
The property occupies a newly established residential development within the popular village of Alderbury.
Prospective buyers will look to benefit from the property’s superb central position within the village, with residents having access to the nearby village amenities which include the tennis club, the village hall, a pub, and a shop, as well as range of rural countryside walks available nearby.
Further afield, the Cathedral City of Salisbury lies approximately three-miles to the west, offering a plethora of additional facilities which include, but are not limited to excellent primary and secondary schooling, supermarkets, high street shops, and a plethora of restaurants, pubs, and bars to suit all tastes.
Salisbury train station offers direct commuter links into London Waterloo as well as routes into the West Country.
The area is also well-connected with road links down to the coastal cities of Bournemouth and Southampton, as well as the New Forest National Park for those who enjoy a range of outdoor pursuits.
Charges including the rent on the remaining 47% and management charges come to £333 per month.
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
Agent & docs
FAQ
About Carpenter Court, Alderbury, SP5
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