2-bedroom flat · SP1 3EY
Sold STCListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Carter and May are delighted to offer this 2 bedroom flat located within walking distance of Salisbury. The property is offered with no FORWARD CHAIN and must be viewed.
COMMUNAL ENTRANCE Accessed via electric key fob security door, stairs rising to the upper floors.
ENTRANCE HALL Accessed via wooden door, storage cupboard and doors to: KITCHEN 7' 11" x 7' (2.41m x 2.13m) Comprising base units with work surfaces over, inset stainless steel sink/drainer unit, two pantry cupboard, plumbing and space for washing machine and space for fridge freezer.
Double glazed window. LIVING ROOM 14' 10 max x 14' 8" (4.29m x 4.29m) Double glazed window, night storage heater, television point and telephone point.
BEDROOM ONE 12' 4" x 10' 11" (3.76m x 3.33m) Double glazed window, night storage heater and two built in wardrobes.
BEDROOM TWO 11' 9" x 9' 3" (3.58m x 2.82m) Double glazed window and night storage heater. BATHROOM White suite comprising: cast iron bath, wash hand basin and WC. Double glazed window.
SERVICES The property connected to mains drainage and electricity. There is mains gas into the building. COUNCIL TAX Band B.
DIRECTIONS From our office in Castle Street exit the city taking the A36 East. At St Marks roundabout take the second exit onto London road and take the first right onto The Brambles.
The property is located in the block to the far right. LEASE INFORMATION We have been informed by the vendor that the lease is for a term of 180 years from 2025.
The ground rent is £10 a year and the service charge is approximately £210 per year. EPC Rating: E
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 The Brambles, Salisbury, SP1
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