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Tisbury Road, Fovant, Salisbury

South West

£795,000
Listed on 03/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2616 sqft

Description

This property presents a compelling opportunity for renovation and investment, set on an expansive 1.63 acres of landscaped grounds in the charming village of Fovant, South Wiltshire. Originally built in 1926, this extensive bungalow possesses significant potential for transformation into a contemporary family residence or for redevelopment, possibly allowing for additional dwellings subject to planning permissions. The Croft boasts various original architectural features, including period floorboards and unique door designs that reflect its historical character. The property has been home to only two families since its construction, adding to its unique narrative. A large timber-framed workshop and garage accompany the bungalow; both structures likely incorporate materials repurposed from local military encampments dating back to World War I. The faint inscription ‘Officers Kitchen’ on the workshop door serves as a reminder of the area’s rich heritage. Inside, the property is equipped with oil-fired central heating and double-glazed principal rooms for comfort and efficiency. The spacious entrance hall provides access to all living areas, enhancing flow throughout the home. A loft space with standing height offers potential for conversion into additional living space. The layout includes four generously-sized double bedrooms—three featuring dual aspects and fireplaces—and a sitting room anchored by a stone fireplace fitted with a gas fire. The kitchen/dining area is well-equipped with ample storage solutions and work surfaces, complemented by an AGA-style ‘Stanley’ cooker and direct access to an outdoor patio area ideal for dining or relaxation in the southern sun. In addition to residential spaces, a large utility room leads directly to both front and back gardens while providing access to the workshop. The workshop itself is versatile, suitable for hobbyists or small business ventures, and features an adjacent garage area with parking capacity for multiple vehicles. Surrounding gardens are meticulously maintained, showcasing mature trees, ornamental plantings, and paved areas that enhance the property's outdoor charm. Beyond these gardens lies a sizeable hillside covered in established oaks and other native trees, providing both privacy and potential further development options. With its attractive location, historical elements, and room for enhancement or expansion, this property represents an intriguing prospect for those looking to invest in real estate with considerable growth potential in a desirable community setting.

Investment Analysis

(SP3 area)

Below Market Value

This property is priced -15.5% below area average per sq ft

-15.5%
Potential saving
This Property
£304/sq ft
Area Average
£359/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,034,353
10% above area average per sq ft
Potential ROI
+15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SP3)

Area prices are falling by +8.6% over the last 12 months
3 year growth: -8.0%
5 year growth: 15.5%
Investment Disclaimer: Analysis based on SP3 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

Tisbury Road, Fovant, 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
£2,912
Based on a loan of £596,250 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