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The Avenue, Porton, Salisbury

South West

£265,000
Listed on 16/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This corner plot presents a promising opportunity for future development, nestled within an established garden setting and benefiting from existing access off The Avenue. The approved planning consent, granted in February 2025, outlines the potential for a substantial new dwelling totaling 198.5 sqm (2137 sqft). The design includes three reception areas, four bedrooms, and three bathrooms, making it suitable for families or as a rental investment. The lot offers the flexibility to enhance the property further through landscaping and boundary improvements, including the installation of a combination of close board and post-and-rail fencing at the purchaser's discretion. This aspect allows for a tailored approach that can complement the property's character and increase its value over time. Location-wise, this property is strategically positioned near Salisbury, providing convenience to local amenities while still benefiting from a quieter village atmosphere in Porton. The surrounding area is well-serviced by transport links, enhancing its appeal to prospective tenants or buyers looking for proximity to both urban conveniences and natural landscapes. With freehold tenure and services yet to be confirmed by local authorities, this site represents an attractive option for those looking to invest in a project with significant potential for capital appreciation. Whether you're envisioning a family home or exploring rental opportunities, this location offers the foundation for future growth in a desirable area.

Investment Analysis

(SP4 area)
Area Average
£341/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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

The Avenue, Porton, 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
£971
Based on a loan of £198,750 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