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Park Lane, Britford ***WATCH THE VIDEO TOUR***

South West

£250,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1166 sqft

Description

This three-bedroom semi-detached Reema home presents a compelling opportunity for cash buyers looking to invest in a property with renovation potential. Nestled in a sought-after, non-estate location on the fringe of Salisbury, the house occupies a substantial plot that allows for creative enhancement. Currently requiring updating, this property is ideal for those wanting to tailor their living space to modern standards. The two-storey layout features well-sized rooms, beginning from the welcoming entrance hall that leads to the main living areas and provides access to the staircase. A cozy sitting room at the front boasts a log-burning stove, seamlessly flowing into an adjoining dining area with views of the expansive rear garden—perfect for both casual meals and entertaining. The kitchen is functional but would benefit from modernisation; it includes essential work surfaces, an inset sink, and designated space for appliances like an electric cooker and washing machine. Direct garden access through the kitchen enhances convenience. Upstairs, three generously proportioned bedrooms await; the master bedroom faces front while a second overlooks the lush garden. The fully tiled bathroom features traditional amenities including a bath with shower attachment. Outside, both front and rear gardens provide excellent outdoor space. The rear garden stands out with its ample size enhanced by mature shrubs and hedging, alongside two substantial outbuildings that could serve various purposes—from storage to workshops—making this property not only attractive but also versatile for future use. Notably equipped with UPVC double glazing and electric night storage heating, this home offers numerous refurbishment avenues to elevate it into a truly exceptional residence amidst scenic surroundings. With no onward chain, this property represents an unmissable chance for those ready to invest in its future.

Investment Analysis

(SP5 area)

Below Market Value

This property is priced -45.2% below area average per sq ft

-45.2%
Potential saving
This Property
£214/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£346
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£501,368
10% above area average per sq ft
Potential ROI
+67.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SP5)

Area prices are falling by -11.5% over the last 12 months
3 year growth: -12.1%
5 year growth: 0.0%
Investment Disclaimer: Analysis based on SP5 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

Park Lane, Britford ***WATCH THE VIDEO TOUR***
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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
£885
Based on a loan of £187,500 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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