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Milford Hill, Salisbury

South West

£210,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
656 sqft

Description

Located in the desirable area of Milford Hill, Salisbury, this mid-terraced house presents a significant opportunity for renovation and investment. Just a short stroll from the bustling city centre, this property features two bedrooms, a lounge, separate dining room, kitchen, and a bathroom on the ground floor. The upstairs includes two well-proportioned bedrooms. While the home requires modernisation to reach its full potential, it benefits from no onward chain which allows for a straightforward purchasing process. The private courtyard garden adds outdoor space that can be transformed into a personal oasis. With convenient access to local amenities and excellent transport links to London and the surrounding areas, this property is an ideal candidate for those looking to invest in a project with great return potential in a sought-after location.

Investment Analysis

(SP1 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£320/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£247,292
10% above area average per sq ft
Potential ROI
+5.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (SP1)

Area prices are rising by +5.9% over the last 12 months
3 year growth: -0.7%
5 year growth: 4.0%
Investment Disclaimer: Analysis based on SP1 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

Milford Hill, 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
£769
Based on a loan of £157,500 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.

Next Steps

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