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The Avenue, Porton, Salisbury

South West

£495,000
Listed on 16/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1976 sqft

Description

Mistle Bourne presents a unique opportunity for those interested in renovation and investment within the charming village of Porton. This substantial detached home has been owned by the same family since its construction in the mid-1950s, showcasing its enduring appeal. Nestled at the edge of the village, it sits on an expansive plot of approximately 0.44 acres, surrounded by a mature garden that offers both privacy and potential for enhancement. The property currently features a reception hall, a spacious living room, a kitchen breakfast room, three bedrooms, a bathroom, and a cloakroom. A notable highlight is the generous attic space, providing additional possibilities for development or storage. While the existing layout offers comfortable living spaces, there is significant potential for modernizing or expanding the footprint to meet contemporary design preferences. One of the standout aspects of Mistle Bourne is its planning permission (PL/2024/04928), granted as of February 2025, which allows for the demolition of the current structure and the construction of three new four-bedroom detached homes—two replacing Mistle Bourne itself. This opens up exciting options for investors or developers looking to capitalize on this sought-after location. Additionally, part of the garden area is available separately as a building plot for another detached family home, further enhancing its investment potential. The approved plan ensures that access remains intact with a new driveway to be created off Tidworth Road. Offered with no onward chain and immediate vacant possession, Mistle Bourne stands ready for its next chapter—whether that involves bringing fresh ideas to renovate or exploring redevelopment opportunities in this desirable area.

Investment Analysis

(SP4 area)

Below Market Value

This property is priced -26.6% below area average per sq ft

-26.6%
Potential saving
This Property
£251/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£741,850
10% above area average per sq ft
Potential ROI
+29.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SP4)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 3.9%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on SP4 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

The Avenue, Porton, 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
£1,813
Based on a loan of £371,250 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