1-bedroom flat · SP1 1TF
Listing removedListed 77 days · slow let
Opportunity summary
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About
A recently converted studio apartment located on the second floor of a period city centre building with many historic features.
A very well presented second floor studio flat in a recently renovated building in the heart of Salisbury city centre.
The flat is entered through a private entrance with internal stairs off the common area stairwell, leading up to the spacious open-plan living and sleeping accommodation occupying the full length of the building with vaulted ceiling and variety of period features.
The kitchen area has integrated appliances including slimline dishwasher, under counter fridge, electric oven and ceramic hob. The units are shaker style with a stylish grey wood effect flooring.
The contemporary shower room is fitted with modern white suite of walk in shower, sink unit and WC, tiled walls and a grey wood effect flooring.
The flat has electric heating, an air circulation system and telephone entry system for the front door on Minster Street.
There are integrated white goods, otherwise the property is unfurnished and tenants will need to be mindful that there is some restrictive access for larger items of solid furniture.
Right in the heart of Salisbury’s city centre, 2 Minster Street overlooks the market square and forms part of the medieval chequer system of Salisbury, convenient for all the city’s excellent range of facilities – shopping, educational, cultural and leisure as well as the mainline station with trains to London Waterloo (journey time approximately 90 minutes).
Salisbury also supports a well thought of playhouse and a twice weekly market.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 4, 2 Minster Street, Salisbury
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