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Nelson Road, Salisbury ***VIDEO TOUR*** - Image 1
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Nelson Road, Salisbury ***VIDEO TOUR***

South West

£285,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1136 sqft

Description

This three-bedroom terraced home offers a solid foundation for renovation and investment, situated on the periphery of the city centre. Its proximity to essential amenities, including the train station, local shops, a leisure centre, and green spaces makes it a practical choice for both homeowners and investors looking for potential rental income. The property presents appealing kerb appeal along with a low-maintenance front garden. Upon entering through the porch, you are greeted by a hallway that leads to two spacious reception rooms. The sitting room features a sizable bay window that enhances natural light and showcases an original fireplace. Adjacent is the dining room, which also includes a fireplace and large windows facing the rear garden. The kitchen at the back of the house has ample natural light from side and rear-facing windows and doors, providing an excellent opportunity for transformation into a modern kitchen or breakfast area tailored to your preferences. A separate WC adds convenience at this level, along with useful understairs storage. On the first floor, you'll find three bedrooms alongside the family bathroom. The principal bedroom is generously sized with dual front-facing windows and retains its original cast iron fireplace. The second bedroom overlooks the rear garden and is well-suited for various uses—ideal for guests or as an office space given its size and layout. The third bedroom is similarly positioned to provide flexibility in utilization. The bathroom features unique red fixtures including a corner bath, offering potential for updates while maintaining character. The enclosed rear garden provides a private retreat with tall trees ensuring privacy. This outdoor space combines lawn and patio areas, presenting an ideal canvas for landscaping or outdoor entertainment projects. Located in a highly desirable neighborhood within walking distance to Salisbury’s vibrant market square and diverse recreational amenities—including theatres, cinema options, restaurants, bars, schools of various levels—this property stands out as an excellent investment opportunity. Surrounding areas are well-known for picturesque countryside perfect for walking or cycling enthusiasts. Overall, this property not only has character but also significant potential for enhancement or reconfiguration to suit modern living standards while benefiting from its prime location.

Investment Analysis

(SP1 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£251/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£428,488
10% above area average per sq ft
Potential ROI
+31.8%
After renovation
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

Nelson Road, Salisbury ***VIDEO TOUR***
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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
£1,044
Based on a loan of £213,750 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