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Exeter Street, Salisbury, SP1 2SF. - Image 1
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Exeter Street, Salisbury, SP1 2SF. - Image 3
Exeter Street, Salisbury, SP1 2SF. - Image 4
Exeter Street, Salisbury, SP1 2SF. - Image 5
Exeter Street, Salisbury, SP1 2SF. - Image 6
Exeter Street, Salisbury, SP1 2SF. - Image 7
Exeter Street, Salisbury, SP1 2SF. - Image 8

Exeter Street, Salisbury, SP1 2SF.

South West

£210,000
Listed on 23/04/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This charming three-bedroom terrace house presents a unique opportunity for renovation enthusiasts and investors alike. Situated conveniently close to Salisbury City Centre and the iconic Cathedral, the property boasts a desirable location that combines urban convenience with a sense of community. Inside, the layout includes a welcoming lounge and a kitchen/diner that opens into the rear garden, providing potential for outdoor living enhancements. The first floor features a spacious double bedroom along with a family bathroom. As you ascend to the second floor, you’ll find two additional double bedrooms, each presenting ample space and natural light. While the property showcases character and charm, it does require updating and modernization, which allows future owners to tailor their renovations to their preferences. This aspect not only enhances the investment potential but could also lead to significant value appreciation over time as improvements are made. The location is another key advantage; being within walking distance of amenities and local attractions places this property in an appealing spot for both renters and homeowners. Given the demand in Salisbury’s housing market, this home could serve as a reliable investment or an excellent choice for first-time buyers seeking to make their mark on an older property. Overall, this terrace house is more than just a living space; it’s a canvas awaiting your vision while offering significant potential for growth in value through thoughtful renovations.

Investment Analysis

(SP1 area)
Area Average
£343/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (SP1)

Area prices are rising by +7.7% over the last 12 months
3 year growth: 2.0%
5 year growth: 8.3%
Investment Disclaimer: Analysis based on SP1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Exeter Street, Salisbury, SP1 2SF.
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE