Worst House on the Street Logo
Park Street, Salisbury - Image 1
Park Street, Salisbury - Image 2
Park Street, Salisbury - Image 3
Park Street, Salisbury - Image 4
Park Street, Salisbury - Image 5
Park Street, Salisbury - Image 6
Park Street, Salisbury - Image 7
Park Street, Salisbury - Image 8
Park Street, Salisbury - Image 9
Park Street, Salisbury - Image 10
Park Street, Salisbury - Image 11
Park Street, Salisbury - Image 12
Park Street, Salisbury - Image 13
Park Street, Salisbury - Image 14
Park Street, Salisbury - Image 15
Park Street, Salisbury - Image 16

Park Street, Salisbury

South West

£375,000

Listed on 12/06/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1367 sqft

Description

This Victorian three-storey terrace house, constructed from classic red brick, is located in a sought-after residential area within Salisbury's Inner Ring Road. While the property boasts some attractive original features and modern conveniences such as uPVC double glazing and gas central heating, it is in need of complete refurbishment throughout. This presents a significant opportunity for potential buyers looking to undertake a renovation project with abundant possibilities for value enhancement. Upon entering, you are greeted by an inviting hallway adorned with a decorative archway leading to a spacious living area that was originally designed as two separate rooms, providing ample natural light. The galley kitchen at the rear is equipped but requires modernization; it includes essential appliances and offers direct access to a utility room that leads into the garden, along with an outside WC. The upper levels of the house comprise four bedrooms across two floors, including a sizable principal bedroom with fitted wardrobes and three additional well-sized rooms on the second floor. The family bathroom includes essential fixtures but could be transformed into a more contemporary space. Externally, the property features an easily maintained front courtyard garden, while the rear garden offers potential for landscaping enhancement and recreational use, bordered by fencing and walling for privacy. This house is ready for a visionary buyer eager to revitalize it into a modern family home within this desirable locale.

Investment Analysis

(SP1 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£274/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£303
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£530,430
10% above area average per sq ft
Potential ROI
+20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SP1)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -2.1%
5 year growth: -1.2%
Investment Disclaimer: Analysis based on SP1 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 Street, Salisbury
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates