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Fisherton Street, Salisbury

South West

£60,000
Listed on 22/01/2026

Property Details

Bedrooms
1
Type
Flat

Description

This second-floor flat in Salisbury is situated in a prime city center location and presents a valuable opportunity for renovation. Comprising a bedroom, kitchen/lounge, and bathroom, the property requires refurbishment to reach its full potential. With no onward chain, it offers ease of access for prospective buyers looking to invest or enter the rental market; post-renovation, similar properties in the area can achieve rental yields of approximately £800 to £850 per month. The flat is conveniently located near railway services and various local amenities, including shops and restaurants, enhancing its attractiveness for both personal use and investment. Given its proximity to cultural facilities and outdoor recreational areas such as the New Forest and South Coast, this property is ideal for those looking to capitalize on the thriving Salisbury market.

Investment Analysis

(SP2 area)
Area Average
£338/sq ft
Avg Rent (weekly)
£265
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
31%
Properties sold annually

Local Market Trend (SP2)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -0.7%
5 year growth: +14.4%
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

Fisherton 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
£216
Based on a loan of £45,000 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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