3-bedroom terraced house · SP1 2RL
Sold STCListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Here we have an astonishing property that has undergone a transformation that could be an article in a glossy magazine.
After walking into a tired property to refurbish, in which the previous owner had combined the principle downstairs rooms, a schedule of works was undertaken, with painstaking attention to detail and careful selection of materials and finishing's.
First was a well designed extension to the rear, taking the ground floor measurement to 34ft.
Everything was finished for the discerning eye of the current owner and their own enjoyment, but alas, is now presented to the market due to work relocation.
Bower Gardens in Shady Bower is a unique location in Salisbury, where residents feel fortunate to live and houses seldom becoming available.
Situated within a staggered terrace, which was potentially influenced by the famous Bath 'Royal Crescent.' Found toward the end of the Close, the mid-terrace houses benefit from longer rear gardens facing to the favoured South West.
The deeper plot provided the opportunity to form a front drive. LOCATION On the East of the City and convenient for the centre, the large stores on Southampton Road and nearby countryside.
Salisbury has an extensive range of shops, services and amenities that attract people from far and wide, along with a mainline rail station (London Waterloo 90 minutes).
Council Tax Band: D (Wiltshire Council) Tenure: Freehold Kitchen/Dining/Family room w: 15' x l: 34' 6" (w: 4.57m x l: 10.52m) Large Open Plan, split into Entrance, Kitchen Breakfast, Dining and Living Room with Garden Room.
Two Under Stairs Cupboards Cloakroom With Window FIRST FLOOR: Landing Bedroom 1 w: 8' 8" x l: 13' 1" (w: 2.64m x l: 3.99m) Bedroom 2 w: 8' 9" x l: 12' 1" (w: 2.67m x l: 3.68m) Bedroom 3 w: 5' 10" x l: 8' 10" (w: 1.78m x l: 2.69m) Currently an Office Bathroom w: 5' 9" x l: 8' 4" (w: 1.75m x l: 2.54m) With Shower OUTSIDE: Garage w: 8' 7" x l: 17' 3" (w: 2.62m x l: 5.26m) In a Separate Courtyard
Value & comps
No previous sales on record.
Returns
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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.
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