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Devizes Road, Salisbury

South West

£140,000
Listed on 06/01/2026

Property Details

Bedrooms
2
Type
Flat

Description

This unique flat conversion, housed within a former townhouse, offers a distinctive investment opportunity close to the city centre and local amenities. Completed around 2010, this property features a long lease of 999 years alongside a shared freehold. The layout spans the first and second floors, with an inviting private staircase leading to a bright living room and a split-level kitchen. On the first floor, there's a double bedroom equipped with fitted wardrobes and an en suite shower room for added convenience. An open plan staircase from the living area leads to the second floor which hosts another double bedroom complete with an en suite bathroom. While the property boasts double glazed windows, electric panel heating, and security measures like an alarm system and sprinkler setup, there is potential for enhancing both style and functionality. The shared garden area at the front offers greenery, while a small rear garden accessed via Ashley Road is currently overgrown and in need of revitalization – presenting an excellent chance for landscaping. With residents parking available in nearby streets and strong transport links to London and beyond via Salisbury's mainline station, this property holds promise for those looking to invest in a growing location with rich community amenities.

Investment Analysis

(SP2 area)
Area Average
£337/sq ft
Avg Rent (weekly)
£273
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SP2)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 0.0%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on SP2 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

Devizes Road, Salisbury
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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
£513
Based on a loan of £105,000 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