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Millennium Close, Salisbury, Wiltshire, SP2

South West

£570,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
721 sqft

Description

This spacious detached family home offers significant renovation and investment potential, ideally situated in a desirable elevated location. The house overlooks a central green and provides impressive views toward the Cathedral and Old Sarum, making it a peaceful retreat within easy reach of urban amenities. On the ground floor, the layout includes a welcoming porch leading to an entrance hall that connects to various living spaces. The living room features a bay window that enhances natural light, while the adjoining dining room opens up to a conservatory, facilitating seamless indoor-outdoor living. The kitchen/breakfast room is equipped with practical features such as ample storage, integrated appliances, and access to a utility room. A cloakroom completes the ground level. Upstairs, the first floor comprises four well-proportioned bedrooms. The master bedroom benefits from an ensuite shower room for added convenience. A family bathroom serves the additional bedrooms, with Bedroom 2 having direct access for ease of use. Each bedroom has built-in storage solutions which contribute to optimizing space throughout the home. The property is further enhanced by PVCu double glazing and gas-fired central heating, ensuring comfort year-round. An integral garage provides additional storage or parking options alongside driveway space for multiple vehicles. Both front and rear gardens offer outdoor space with potential for landscaping or gardening enthusiasts. Located in the sought-after Rowbarrow area on Harnham’s southern edge, this home is close to local amenities including shops and schools, while being within walking distance of Salisbury City Centre. The area is well-serviced by public transport links that connect residents to city-wide educational and leisure facilities including cinemas, theatres, and parks. With its solid structure and prime location, this property presents an excellent opportunity for buyers looking to invest in renovations tailored to their preferences—whether through modern upgrades or custom enhancements—to maximize its value in this appealing neighborhood. Vacant possession upon sale also allows for immediate occupancy or rental possibilities without delay.

Investment Analysis

(SP2 area)

Above Market Value

This property is priced +134.7% above area average per sq ft

+134.7%
This Property
£791/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£273
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£267,156
10% above area average per sq ft
Potential ROI
-57.6%
After renovation
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

Millennium Close, Salisbury, Wiltshire, SP2
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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
£2,088
Based on a loan of £427,500 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