3-bedroom house · SP2 7JR
Listing removedListed 144 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cloud Homes are pleased to present this well-proportioned three-bedroom detached home, located in the popular Gramshaw House development just off Wilton Road in Salisbury.
The property is currently undergoing improvements, including new carpets to the upper floors and redecoration throughout, ready for the commencement of a new tenancy.
Arranged over three floors, the accommodation offers a spacious open-plan kitchen and living area with patio doors opening onto a generous rear garden, complete with a garden shed.
A convenient ground-floor cloakroom/utility room incorporates space for laundry facilities. The first floor comprises two good-sized double bedrooms and a modern family bathroom.
Occupying the entire second floor is an impressive principal bedroom with en-suite bathroom facilities.
Externally, the property benefits from a good-sized enclosed garden and off-road parking for two, potentially three, vehicles.
Conveniently located on a main bus route, the property is approximately a 15-minute walk from Salisbury railway station and around 20 minutes from the city centre, offering excellent access to local amenities and transport links.
Internal photos are needing to be updated. Please call or email for additional information.
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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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
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FAQ
About Gramshaw House, Gramshaw Road, Salisbury
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