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See how verdicts work1-bedroom flat · SP1 2BP
Sold STCReduced £10.1k (−7.2%) on 27 OctListed 334 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious one bedroom first floor apartment forming part of the conversion of a Grade II listed building, which occupies a convenient position close to the city centre and all it's amenities including the train station.
Vacant possession is offered.
A spacious one bedroom first floor apartment forming part of the conversion of a Grade II listed building, which occupies a convenient position close to the city centre and all it's amenities including the train station.
This represents a perfect investment opportunity or first time purchase. Vacant possession is offered.
The property is accessed from the rear of the building via a communal hallway shared with one other flat with the stairs leading up the first floor.
The private hallway has doors to all rooms and on the right is the kitchen/breakfast room which has a range of work surfaces with inset one and a half bowl stainless steel sink unit, four-ring electric hob with electric oven below and cooker hood over, wall and floor cupboards, washing machine, breakfast bar, secondary glazed windows and electric heater.
On the left of the hall is the double aspect sitting room which has secondary glazed windows and an electric heater.
At the end of the hall is a double bedroom with secondary glazed window and electric heating.
The bathroom has a white suite of panelled bath with thermostatic mixer shower over, low level WC and wash-hand basin.
On the landing there is a communal storage cupboard which houses the hot water tank.
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 Milford Street, Salisbury
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