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Milston Road, Bulford, Salisbury, Wiltshire, SP4 - Image 1
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Milston Road, Bulford, Salisbury, Wiltshire, SP4

South West

£1,600,000

Listed on 05/06/2026

Property details

Bedrooms
6
Type
Detached
Area
4219 sqft

Description

This expansive former vicarage, rooted in Victorian architecture, is a promising investment opportunity with renovation potential. Set within approximately 1.5 acres of land, this property features an array of outbuildings and comes with planning permission for a separate annexe, adding to its versatility for future development. The residence itself spans around 4,219 sq ft, offering a blend of period charm and modern functionality. Characteristic elements such as parquet flooring, large bay windows, and ornate fireplaces are present throughout the principal rooms, while significant spaces like the impressive kitchen/reception area showcase contemporary upgrades like underfloor heating and integrated appliances by top brands. While much of the property is well-maintained, various areas would benefit from thoughtful renovation to elevate both comfort and aesthetic appeal. The substantial gardens and grounds provide ample opportunities for landscaping improvements or extensions to enhance outdoor living. With its advantageous location close to amenities in Bulford and access to transport links, this property is well-positioned for those looking to invest in a family home or rental property that can be adapted over time.

Investment analysis

(SP4 area)

Above Market Value

This property is priced +12.2% above area average per sq ft

+12.2%
This Property
£379/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,568,856
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SP4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -2.8%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on SP4 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

Milston Road, Bulford, Salisbury, Wiltshire, SP4
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£6,045
Based on a loan of £1,200,000 over 30 years at 4.45% 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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