2-bedroom flat · SP2 7QT
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A surprisingly spacious and bright two bedroom 2nd floor apartment, newly renovated in a fantastic central location.
Flat 2 is the top floor apartment overlooking the bustling Fisherton Street, recently renovated with brand new carpets and decoration.
The ground floor communal entrance leads up a staircase to the 2nd floor, with the front door opening into the hallway with stairs up on either side to each half of the flat, additionally benefiting from good storage space.
The kitchen is well equipped with a good selection of units, electric oven and hob, washing machine and brand new fridge/freezer, and a Velux window which provides ample natural light.
The sitting/dining room is an impressive size with large windows and built-in shelving, providing a comfortable and flexible living space.
The two bedrooms are at the rear of the property and are both good sizes, one double and one single, whilst the family bathroom has a full white suite and bath with shower over.
Outside, the property comes with one dedicated parking space within the nearby Centros Apartments development.
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.
The Close is home to and Salisbury Cathedral co-educational independent School and Bishop Wordsworth’s C o E boys grammar school.
Salisbury has excellent road links to London, Southampton and Bournemouth, and provides direct trains to London Waterloo from Salisbury mainline railway station (journey time approximately 90 minutes).
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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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
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FAQ
About Flat 2, 138, Fisherton Street, Salisbury
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