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Shakespeare Road, Salisbury ***VIDEO TOUR***

South West

£395,000

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
834 sqft

Description

This two double bedroom detached bungalow presents a promising opportunity for renovation and investment, set on a spacious plot in a desirable area on the outskirts of Salisbury. With no onward chain, the property offers ample driveway parking alongside a garage and an appealing rear garden that invites potential enhancements and modernisation, subject to obtaining the necessary planning permissions. Situated on a tranquil residential road, this property boasts generous single-storey living spaces ripe for personalisation. The approach features a wide driveway accommodating multiple vehicles, complemented by a neatly kept front garden mainly consisting of lawn. The attached garage includes power and provides storage or workshop possibilities with direct access to the rear garden. Upon entering, you are welcomed into an entrance hall leading to a separate cloakroom with WC. The expansive sitting/dining room is filled with light through windows facing both front and side, accentuated by a feature fireplace that enhances its charm. Adjacent is the kitchen, equipped with various wall and base units, ready for contemporary upgrades while offering direct access to the outdoor space. An inner hallway connects two sizeable double bedrooms overlooking the private rear garden, both featuring built-in storage. The family bathroom includes essential fittings such as a panelled bath with shower above and offers room for modernization. The rear garden stands out due to its size and privacy; it includes an initial paved terrace ideal for outdoor dining that transitions into an extensive lawn bordered by mature planting. Additional features like a patio area and greenhouse further enrich this space. While the bungalow has been well cared for over time, it holds significant potential for modernisation and expansion, providing buyers an exceptional chance to create their ideal long-term residence in this thriving region of Salisbury.

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Investment analysis

(SP1 area)

Above Market Value

This property is priced +35.7% above area average per sq ft

+35.7%
This Property
£474/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£320,264
10% above area average per sq ft
Potential ROI
-26.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SP1)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +0.6%
5 year growth: +0.3%
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

Shakespeare Road, Salisbury ***VIDEO TOUR***
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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
£1,492
Based on a loan of £296,250 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

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