3-bedroom detached house · SP1 1PD
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brought to the market for the first time in over 50 years, this detached chalet style bungalow, located in a quiet residential area, a short bus journey to the centre of Salisbury. No onward chain.
DESCRIPTION Brought to the market for the first time in over 50 years, this detached chalet style bungalow, located in a quiet residential area, within the heart of Laverstock, a short bus journey to the centre of Salisbury.
The well appointed accommodation has been beautifully cared for over the decades, but would now benefit from modernisation, and includes a kitchen, with the dining room next door (possible potential for this to be opened up), further sitting room, lean to extension on the back, downstairs bedroom, with adjacent bathroom, and two further bedrooms upstairs.
The property also benefits from a number of storage cupboards. Externally there is off road parking, good sized garden to the rear and a couple of storage sheds, one housing the boiler.
OUTSIDE The property is located on a quiet residential street, where you enter a driveway providing off-road parking and a front garden mainly laid to lawn, with mature shrubbery and access up to the front door.
a side gate provides access to the rear. The rear garden can also be accessed from the lean to extension and is again mainly laid to lawn with a paved pathway to the side.
Over the years it has been a very productive garden and also has a greenhouse at the back. in addition there is an old garden shed as well as the old coal store, in which the boiler is located.
LOCATION Over time Laverstock has merged to become a suburb of Salisbury and now offers many facilities including a primary school, three secondary schools, a public house, convenience store, social club and takeaways.
Nearby are Laverstock Downs which provide good opportunities for walking and outdoor pursuits, along with a nursery and gym conveniently situated on the London Road, there is a regular bus service through Laverstock to the city centre.
Salisbury boasts a well-thought of Playhouse and twice-weekly charter market, with a plethora of restaurants, shopping, and leisure facilities.
There is a number of primary and secondary schools, both private and state, including boys and girls grammar schools.
Salisbury has excellent road links to London and the West Country, Southampton and Bournemouth, and provides direct trains to London Waterloo, Bristol and Bath from Salisbury mainline railway station.
SERVICES The property is connected to mains electricity, water and drainage. There is gas fired central heating. LOCAL AUTHORITY Wiltshire Council, Band D.
TENURE Freehold VIEWINGS Strictly by appointment, only with Boatwrights.
ANTI MONEY LAUNDERING As of 2017, Estate Agents are legally required to undertake Anti-Money Laundering (AML) checks on all parties involved in the sale or purchase of a property.
Boatwrights Estate Agents Ltd are members of The Guild of Property Professionals and therefore use a professional service called Guild 365 to facilitate these checks.
These checks must be completed before a property is listed for sale and as soon as an offer is accepted. There is a charge for this service at a cost of £30+VAT (per person) which is non-refundable.
Boatwrights do receive small proportion of this fee in order to cover our administrative costs.
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 Greenwood Avenue, Laverstock
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