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George Street South, Salisbury

South West

£230,000
Listed on 07/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
849 sqft

Description

This Victorian terraced house features two bedrooms and is situated in a quiet cul-de-sac just beyond the ring road, offering a blank canvas for those looking to invest or renovate. The property is being sold with no onward chain, making it an appealing prospect for buyers eager to make their mark. It benefits from PVCu double glazing and gas central heating, providing a solid foundation for future updates. The courtyard garden at the rear adds a touch of outdoor space to be enjoyed or reimagined. Inside, the ground floor presents an entrance lobby that leads into an open plan sitting and dining area, complete with a wall-mounted gas fire. A rear lobby, enhanced by a pitched glazed roof, connects seamlessly to the garden—a potential spot for expansion. The kitchen comes equipped with essential units and appliances, yet offers room for enhancement as well. Upstairs, two bedrooms provide ample living space and natural light, while the bathroom includes a basic three-piece suite with shower over bath. Storage options are available including a cupboard housing the hot water cylinder along with easy loft access. Located within walking distance of Salisbury's city centre and amenities such as shops and leisure facilities, this property holds significant potential for refurbishment and possible extensions, mirroring similar renovations in the area.

Investment Analysis

(SP2 area)

Below Market Value

This property is priced -20.3% below area average per sq ft

-20.3%
Potential saving
This Property
£271/sq ft
Area Average
£340/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£317,526
10% above area average per sq ft
Potential ROI
+17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (SP2)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -0.8%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on SP2 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

George Street South, 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
£843
Based on a loan of £172,500 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.

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