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Gomeldon, Salisbury

South West

£325,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
844 sqft

Description

This three-bedroom detached bungalow is situated in the tranquil village of Gomeldon, offering a unique opportunity for those looking to invest in a property with great renovation potential. The well-designed layout provides a solid foundation for creating a modern living space tailored to personal preferences. Upon entry, you are greeted by a hallway that leads to all primary areas of the home. The sitting room is bright and features dual aspects, enhancing the sense of space and natural light. Adjacent to this, the dining room opens directly onto the garden, allowing for easy access and integration between indoor and outdoor living. The kitchen, located at the rear of the property, offers views of the garden and presents an opportunity to expand into an open-plan family area, subject to planning approval. The accommodation includes two generously sized double bedrooms along with a versatile single bedroom that could easily serve as a study or craft room. The bathroom is fitted with a traditional three-piece suite but would benefit from modernization, making it another area where buyers can add value. Externally, the property occupies a sizable plot. A driveway provides convenient off-road parking alongside a manicured lawn leading up to a garage. The rear garden is predominantly laid to lawn and features mature planting as well as a patio area suitable for outdoor dining—ideal for creating a pleasant retreat with some landscaping updates. Located just northeast of Salisbury, Gomeldon boasts proximity to local amenities in nearby villages like Porton and Winterbourne, which feature shops, schools, and healthcare services. East Gomeldon itself is home to its own primary school, while Salisbury offers extensive cultural and recreational options alongside excellent transport links including direct train services to London Waterloo. This bungalow presents an ideal blank canvas for renovators or investors seeking to enter the housing market or expand their portfolio in this desirable location. With no onward chain complicating matters, interested parties have the opportunity to act swiftly on this promising investment prospect.

Investment Analysis

(SP4 area)

Above Market Value

This property is priced +12.8% above area average per sq ft

+12.8%
This Property
£385/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£316,863
10% above area average per sq ft
Potential ROI
-13.2%
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

Gomeldon, 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
£1,191
Based on a loan of £243,750 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