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Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 1
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 2
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 3
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 4
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 5
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 6
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 7
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 8
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 9
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 10
Middleton Road, Winterslow, Salisbury, Wiltshire, SP5 - Image 11

Middleton Road, Winterslow, Salisbury, Wiltshire, SP5

South West

£385,000

Listed on 04/10/2024

Property details

Bedrooms
2
Type
Detached
Area
797 sqft

Description

This detached period cottage combines traditional charm with significant renovation potential, featuring an attached barn/workshop and a south west-facing garden. The property is currently in need of modernisation but offers a range of options for improvement or expansion, including full planning permission to demolish the existing structure and construct a new, larger cottage-style residence. The proposed designs include spacious ground floor accommodation such as a reception hall with cloakroom, dual aspect living room, expansive open plan kitchen/dining area, separate study, and utility/boot room. The first floor would accommodate three bedrooms and a family bathroom. Located in the village of Winterslow, this property benefits from local amenities including shops, public houses, and schools. Salisbury is just 8 miles away, offering extensive shopping facilities and grammar schools along with railway connections to London Waterloo. This setting not only provides immediate convenience but also enhances the investment appeal due to its potential for development or refurbishment into a desirable family home.

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Investment analysis

(SP5 area)

Above Market Value

This property is priced +24.2% above area average per sq ft

+24.2%
This Property
£483/sq ft
Area Average
£389/sq ft
Avg Rent (weekly)
£348
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£341,036
10% above area average per sq ft
Potential ROI
-23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SP5)

Area prices are falling by -9.0% over the last 12 months
3 year growth: -9.1%
5 year growth: +0.9%
Investment Disclaimer: Analysis based on SP5 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

Middleton Road, Winterslow, Salisbury, Wiltshire, SP5
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,454
Based on a loan of £288,750 over 30 years at 4.45% 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.

Stamp duty calculator

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