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See how verdicts work2-bedroom terraced house · SP2 7TE
Sold STCListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A character two double bedroom house arranged over three floors. Excellent order throughout having been refurbished by the present owner.
Benefits include gas CH, PVCu DG, garden and set along a pedestrianised area close to the city centre.
The property is a well presented two bedroom character terraced townhouse with accommodation arranged over three floors.
It has been refurbished by the present owner to a high standard and is situated along a pedestrian pathway in the city centre which has a pretty river frontage.
On the ground floor is a sitting room which has an attractive bay window with fitted shutters, wood effect flooring and a cast iron fireplace housing an inset woodburner with fitted shelving in the chimney recesses, The kitchen has an excellent range of units with attractive brick effect tiled splashbacks.
There is an integrated electric oven and gas hob, microwave/grill and fridge/freezer and it has wood effect flooring and space for a table and chairs.
Beyond the kitchen is a utility/breakfast area with a bench seat and space for a small table and chairs.
There is a wall mounted gas boiler and a work surface with space under for a washing machine and a window and a door leads in to the westerly facing garden.
On the first floor there is a landing with a fitted wardrobe and a door and stairs leading to the second floor. The main bedroom has wood effect flooring and useful stair bulkhead storage cupboards.
The bathroom has a contemporary white suite with an oval bath, large shower cubicle with a rainfall style shower over, a wash hand basin with cupboards under and a low level WC.
There are fully tiled walls and inset spotlights. On the second floor is a further double bedroom with eaves storage cupboards, fitted shelving and windows to front and rear.
To the rear is the garden which has timber decking, a raised flower bed, timber fencing, a timber shed and an outside tap.
Further benefits include PVCu double glazing and gas central heating, Water Lane is a quiet and sought after city centre location being a pedestrian walkway and close to the railway station, Queen Elizabeth Gardens and all the city centre amenities.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Water Lane, Fisherton Street, Salisbury
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