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Princes Hill, Redlynch, Salisbury, SP5

South West

£850,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2413 sqft

Description

This Grade II listed detached property is nestled within a generous plot exceeding half an acre in the charming village of Redlynch. With the advantage of no onward chain and already granted planning permission for a two-storey rear extension, this home presents an exceptional investment opportunity. The idyllic countryside lifestyle awaits, enhanced by proximity to local amenities such as shops, restaurants, and a welcoming pub. Nearby Downton offers additional facilities, while the vibrant community of Redlynch boasts a well-regarded school and excellent transport links to Southampton, Salisbury, and Bournemouth. The cottage itself showcases approximately 2,413 square feet of adaptable living space that harmoniously blends traditional features with modern comfort. The inviting inner hallway leads to multiple reception rooms filled with natural light; the triple-aspect drawing room and elegant dining room both feature Inglenook fireplaces and open directly onto beautifully maintained gardens. At the heart of the home is a spacious kitchen/breakfast area ideal for family gatherings, alongside useful spaces such as a study, utility room, and cloakroom on the ground floor. Ascending either staircase reveals three well-proportioned bedrooms—one benefits from an en suite shower room, with a family bathroom serving others. The outdoor space offers off-road parking for several vehicles via a gravel driveway and includes landscaped gardens backed by open farmland. With planning in place for expansion, this property not only possesses timeless appeal but also significant potential for modernization and enhancement.

Investment Analysis

(SP5 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£352/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£349
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,037,035
10% above area average per sq ft
Potential ROI
+9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SP5)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -9.4%
5 year growth: 8.7%
Investment Disclaimer: Analysis based on SP5 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

Princes Hill, Redlynch, Salisbury, SP5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,066
Based on a loan of £637,500 over 30 years at 4.06% 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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