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Park Lane, Britford, SP5

South West

£1,150,000
Listed on 06/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2443 sqft

Description

This extensive five-bedroom detached residence is nestled in the serene village of Britford, an area renowned for its tranquil environment while still affording convenient access to Salisbury city center and its diverse amenities. The property presents a unique opportunity for renovation and investment, offering multiple adaptable spaces that can be tailored to suit various needs and preferences. Upon entering the home, you are greeted by a spacious ground floor layout featuring a welcoming sitting room with bi-folding doors that seamlessly connect to the rear garden. The presence of a central inglenook fireplace adds character and warmth. A separate dining room currently serves as an additional reception area, while a well-sized study provides a quiet workspace. The kitchen/breakfast room retains a charming farmhouse aesthetic with its Belfast sink and is outfitted with contemporary integrated appliances. Practical features include two cloakrooms and a utility room that leads to one of the double garages, enhancing functionality for daily living. The first floor is comprised of five generously sized bedrooms, including a primary suite complete with an en-suite bathroom. The family bathroom offers both bath and shower facilities, ensuring ample convenience for residents. Externally, the property sits on a substantial plot characterized by its appealing red-brick facade and front lawn adorned with mature shrubs. A driveway leads to one of the two double garages, which features an adaptable room above—perfect for conversion into additional living space or an office. Adjacent is a lovely conservatory/garden room providing picturesque views over the garden. The rear outdoor space includes an inviting patio area that surrounds a tranquil pond and offers plenty of room for outdoor gatherings. The spacious enclosed garden backs onto open water meadows, further enhancing its peaceful setting. Currently mostly laid-to-lawn, the garden also features raised beds ideal for gardening enthusiasts; there’s even potential for hobby farming with an existing chicken coop area. Located in Britford, this property is surrounded by beautiful countryside trails perfect for walking enthusiasts. The proximity to Salisbury ensures residents have easy access to essential services such as supermarkets, leisure facilities, schools, restaurants, and more—all within approximately two miles. Commuters will appreciate the excellent road links to Southampton and Bournemouth as well as direct train services from Salisbury station to London Waterloo. Notably, there is approved planning permission for extensions and conversions intended to enhance this already well-rounded property further—providing significant scope for future development opportunities tailored to your vision.

Investment Analysis

(SP5 area)

Above Market Value

This property is priced +20.0% above area average per sq ft

+20.0%
This Property
£471/sq ft
Area Average
£392/sq ft
Avg Rent (weekly)
£372
Avg Yield
3.2%

Renovation Potential

Est. Renovation Cost
£115,000 - £287,500
10-25% of property value
Target Value
£1,054,362
10% above area average per sq ft
Potential ROI
-26.7%
After renovation
Monthly Sales
13
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SP5)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -1.5%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on SP5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Park Lane, Britford, SP5
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