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For saleListed 1 day
Opportunity summary
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About
Summary A well-presented modern one bedroom first floor apartment in Monument Place.
This stunning over 70s retirement development offers a strong community feel and offers a wealth of features including 24-hour emergency response call buttons in all rooms, communal living and dining areas and laundry room.
Description A well-presented modern one bedroom first floor apartment in Monument Place.
This stunning over 70s Retirement Plus development offers a strong community feel and offers a wealth of features including 24-hour emergency response call buttons in all rooms, communal living and dining areas, laundry room and on-site bistro.
A must see property with its bright and open living space, offering benefits of a walk-in wardrobe in the bedroom, communal gardens and proximity to the city centre.
Salisbury offers a range of entertainment, shopping and cultural facilities. There is a twice-weekly Charter market in the city centre.
Salisbury also has direct rail services to London Waterloo, Southampton and the West Country and is conveniently located for the New Forest and South Coast.
Entrance Hall With intercom system to front door, storage cupboard, doors to bedroom, lounge and shower room. Lounge Door to kitchen, front aspect.
Kitchen Comprising wall and base units with work surfaces over, drainer sink unit with mixer taps, raised oven, inset hob with stainless steel hood over, built-in and concealed fridge and freezer, front aspect.
Bedroom With walk in wardrobe, front aspect. Shower Room Set as a wet room, with shower head with shower curtain, vanity wash hand basin unit with mixer taps, concealed cistern WC.
Outside Communal Garden With a mix of patio areas, laid to lawn and mature trees and shrubs this garden offers a wonderful setting for relaxing or meeting with other residents as it has a strong community feel.
Agents Note: Exclusively available for the over 70s.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About Monument Place, Salisbury
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