2-bedroom terraced house · SP2 7LZ
Sold STCListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom property situated within walking distance of the city centre. Spanning 882 sq ft this property offers an abundance of space over two floors.
The current owners have refurbished the property to a very high standard throughout with notable improvements including the kitchen and bathroom.
Up on entering the property, there is a large living/dining room to the right which is dual aspect with several period features and attractive flooring.
The kitchen has been wonderfully finished with integrated appliances and lots of storage via base units.
There is also a useful utility room which is accessed from the garden where the boiler is located. Moving upstairs, the principal bedroom is a very spacious double bedroom with window to the front.
There is a second double bedroom with views over the garden and a beautiful bathroom. The bathroom has a separate bath, large walk in shower and a wash basin.
Salisbury city centre is within a reasonable walking distance and offers a great range of amenities.
These include, but are not limited to, supermarkets, high-street shops, bi-weekly markets, copious restaurants, pubs & bars, a theatre, the arts centre, a cinema and renowned state and private schools.
These include Bishop Wordsworth's, South Wilts Grammar School, Godolphin School, and Leehurst Swan.
Leisure and recreational facilities include the nearby Five Rivers Leisure Centre, private members gymnasiums, a golf club, and recreation grounds.
Salisbury train station is within a five-minute walk and offers direct links into London Waterloo and routes into the West Country.
Additionally, Salisbury is well-positioned to offer great road links to the coastal cities of Southampton and Bournemouth, as well as routes into the New Forest.
The garden is approximately 50 ft and has been well thought through with a pathway leading through a large lawn to an attractive shingle seating area which is currently used for alfresco dining and entertaining.
The garden is a wonderful family space and there is also a tree offering dapple shade during the summer.
In addition, there is space to the front of the property for bike storage and residents parking. Council Tax band C The property is connected with mains services.
From Salisbury, proceed north from St. Paul's Roundabout onto Devizes Road (A360).
Continue for about half-a-mile before turning left onto Highfield Road where the property will be on the left-hand side towards the end of the road.
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 Highfield Road, Salisbury, Wiltshire, SP2
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