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Middleton Road, Salisbury, SP2

South West

£400,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1373 sqft

Description

This charming three-bedroom townhouse, originally thought to have served as a shop, presents an excellent opportunity for renovation enthusiasts or investors. While the property has been extensively refurbished to a high standard, incorporating both original character and contemporary finishes, there remains potential for further enhancements that could elevate its value even more. The spacious reception room benefits from a triple aspect design, offering flexibility for various uses such as a sitting area or home office. The open-plan kitchen and living space at the rear is well-equipped with granite worktops and retains a warm ambiance thanks to an inviting fireplace. Additional practical spaces include a utility room and cloakroom providing seamless access to the private courtyard garden. Notably, the substantial garage boasts an electric roller door and mezzanine storage, making it ideal for those considering conversion possibilities into a workshop, studio, or even ancillary accommodation (subject to necessary consents). This property’s strategic location near Salisbury city centre ensures ease of access to local amenities such as shopping facilities, dining options, and leisure activities, along with direct train links to London Waterloo within approximately 80 minutes. With attractive external features including a low-maintenance garden and characterful original elements throughout the entrance hall, this property offers considerable scope for future development while retaining its historical charm.

Investment Analysis

(SP2 area)

Below Market Value

This property is priced -13.4% below area average per sq ft

-13.4%
Potential saving
This Property
£291/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£265
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£508,367
10% above area average per sq ft
Potential ROI
+13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SP2)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +2.0%
5 year growth: +13.8%
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

Middleton Road, Salisbury, SP2
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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
£1,511
Based on a loan of £300,000 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.

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