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Milton, East Knoyle, Salisbury, Wiltshire, SP3

South West

£350,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1138 sqft

Description

This three-bedroom cottage located in the quiet hamlet of Milton, near East Knoyle, offers a unique opportunity for investors or homeowners looking to create their dream residence. With no onward chain, this property has been cherished by the same family for years and now awaits new owners to breathe fresh life into it. The ground floor comprises two adaptable reception areas, a galley-style kitchen, and a convenient downstairs shower room. The rear of the property features a large timber-framed lean-to that could be transformed into valuable additional living space or storage. Upstairs, you’ll find two generous double bedrooms and a single room serviced by a macerator WC. The character-filled exterior includes its own parking area with carport and traditional stone outbuildings, while the expansive westerly-facing garden is perfect for anyone wanting to cultivate their own green oasis amid a picturesque countryside backdrop. With local amenities just a short distance away in Shaftesbury and excellent transport links nearby, this property presents an exciting renovation project in a desirable location.

Investment Analysis

(SP3 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£308/sq ft
Area Average
£357/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£446,329
10% above area average per sq ft
Potential ROI
+14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SP3)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -2.8%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on SP3 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

Milton, East Knoyle, Salisbury, Wiltshire, SP3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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