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 work4-bedroom bungalow · SP1 3PZ
Sold STCListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a very popular location on the outskirts of the city, a detached bungalow which has been in the same ownership since new, offered with no onward chain.
An extended three bedroom detached bungalow situated in a popular residential location on the northern side of the city.
The well proportioned accommodation consists of, on the ground floor, a porch, entrance hallway, sitting room with patio doors leading on to the garden and fireplace, kitchen which has a good range of units and a door to the side driveway, dining room, shower room and three bedrooms, two with wardrobes.
There is a further bedroom and bathroom on the first floor where there is a good amount of eaves storage. The property benefits from PVCu double glazing and gas central heating by radiators.
Externally there is off road parking for a number of vehicles in front of a detached garage which has power and light and a pedestrian door to the garden which also has views over the surrounding area.
Further scope exists for further extension and or roof conversion. There is no onward chain.
Balmoral Road lies upon the popular Pauls Dene Estate which has a regular bus service to the city centre which lies approximately 1.5 miles away.
There is also a useful convenience store on the nearby Castle Road. Further nearby amenities include a girls' grammar school and a popular primary school (St Marks).
Salisbury itself has an excellent range of amenities including a mainline railway station serving London Waterloo.
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 Balmoral Road, Salisbury
Explore nearby
