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College Street, Salisbury

South West

£315,000
Listed on 18/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1195 sqft

Description

This three-bedroom terrace house, situated in a sought-after city centre location, presents an excellent opportunity for renovation enthusiasts. Overlooking Wyndham Park, the property boasts PVCu double glazing and gas central heating, although it is due for some modernization throughout. The charming three-storey layout features a sitting room with an open fire and a striking cast iron fireplace, complemented by built-in storage. The adjoining dining room offers additional character and space for family gatherings. Both reception areas showcase attractive exposed floorboards, adding to the potential charm of the home. The kitchen has basic fixtures with access to a quaint courtyard garden at the rear. On the first floor, you will find a double bedroom along with a large family bathroom featuring a three-piece suite. The top floor includes two further double bedrooms, each benefiting from beautiful views of the park and unique cast iron fireplaces. Despite its current condition requiring updates, this property’s prime location near amenities and transport links enhances its investment potential. A few updates could transform this house into a modern family home while retaining its character elements.

Investment Analysis

(SP1 area)

Below Market Value

This property is priced -23.8% below area average per sq ft

-23.8%
Potential saving
This Property
£264/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£275
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£454,817
10% above area average per sq ft
Potential ROI
+28.1%
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
53%
Properties sold annually

Local Market Trend (SP1)

Area prices are rising by +5.1% over the last 12 months
3 year growth: -0.8%
5 year growth: +3.1%
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

College Street, Salisbury
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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
£1,136
Based on a loan of £236,250 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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