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3 Cecil Avenue, Salisbury SP2 - Image 1
3 Cecil Avenue, Salisbury SP2 - Image 2
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3 Cecil Avenue, Salisbury SP2 - Image 5

3 Cecil Avenue, Salisbury SP2

South West

£320,000
Listed on 08/08/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1018 sqft

Description

This detached chalet bungalow presents a unique opportunity for renovation and investment in one of Salisbury's sought-after areas. Built by the current owner, the property features two bedrooms with a flexible layout that can be adapted to suit various needs. The ground floor includes a sitting room with an ornamental fireplace, a kitchen equipped with essential appliances and ample storage space, as well as a cloakroom that could be converted back into a shower room if desired. The upstairs layout comprises two well-proportioned bedrooms, each benefiting from built-in wardrobes and eaves storage. While the home has been maintained over the years, it currently offers potential for modern updates to enhance its appeal and functionality. Externally, the property boasts both front and rear gardens that provide space for outdoor enjoyment or further landscaping possibilities. A driveway leads to an attached garage with front and rear access, along with a workshop area—ideal for DIY enthusiasts or additional storage needs. Situated within walking distance of local amenities such as shops, schools, and the city center—the location offers convenience for everyday living while also presenting strong rental potential. With vacant possession available, this bungalow is ready for its next chapter—making it an ideal candidate for those looking to invest in or renovate within this vibrant community. Services include mains gas, water, electricity, and drainage connections—all contributing to the property's practicality as you consider your renovation plans. The current Council Tax Band is ‘D.’

Investment Analysis

(SP2 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£314/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£32,000 - £80,000
10-25% of property value
Target Value
£377,373
10% above area average per sq ft
Potential ROI
-5.7%
After renovation
Monthly Sales
23
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (SP2)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 1.4%
5 year growth: 19.3%
Investment Disclaimer: Analysis based on SP2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

3 Cecil Avenue, Salisbury SP2
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