5-bedroom detached house · SP2 9GN
Sold STCListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious detached family home situated in the highly sought after St. Peters Place development.
The property boasts spacious accommodation throughout which includes a welcoming entrance hallway complete with fitted storage cupboards, stairs leading to the first floor landing and under-stairs storage cupboard, cloakroom, cosy living room, large kitchen/diner with French doors leading to the rear garden, master bedroom with en-suite shower room, four further generously proportioned bedrooms and the family bathroom.
To the front of the property there is a driveway which provides off road parking for two cars and access to the large single garage.
The rear garden is fully enclosed with timber fencing and backs on to open farmland which provides an excellent level of privacy, there is a patio seating area abutting the immediate rear of the property with a larger area of lawn.
The property is situated within the newly established development of St. Peter's Place with the Cathedral City of Salisbury located to the southeast.
Salisbury offers a great range of amenities which include, but are not limited to, supermarkets, high-street shops, bi-weekly markets, copious restaurants, pubs & bars, a theatre, the arts centre, cinemas and renowned state and private schools.
These include Bishop Wordsworth's, South Wilts Grammar School, Godolphin School, and Leehurst Swan.
Leisure and recreational facilities include the Five Rivers Leisure Centre, private members gymnasiums, a golf club, and recreation grounds.
Salisbury train station offers direct commuter links to London Waterloo and the West Country.
Additionally, Salisbury is well-positioned to offer great road links to the coastal cities of Southampton and Bournemouth, as well as routes into the New Forest. Closer to home, St.
Peter’s Place offers direct public transport links into the city centre, and a primary school - as well as plans for a new local shop and excellent access to countryside walks. EPC Rating: B
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 Melchester Road, Salisbury, SP2
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