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Rollestone Street, Salisbury, Wiltshire SP1 - Image 1
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Rollestone Street, Salisbury, Wiltshire SP1

South West

£500,000
Listed on 20/03/2026

Property Details

Bedrooms
4
Type
Land

Description

Located in the heart of Salisbury's historic city center, this property at 37–39 Rollestone Street presents a notable opportunity for residential development. Spanning approximately 0.19 acres, this discreet site is set within the Conservation Area, surrounded by a mix of period architecture and listed buildings, including a Grade II wall along Rollestone Street. With full planning permission granted on December 18, 2025 (ref: pl/2025/06308), the project proposes the construction of three well-designed townhouses alongside essential access, parking, and landscaping. The design aims to harmonize with its historic environment while catering to modern living standards. Its prime location ensures easy access to Salisbury's vibrant Market Square and mainline rail services to London Waterloo, making it an attractive prospect for developers looking to tap into the city's robust owner-occupier market. The site is available freehold with vacant possession, welcoming unconditional offers from interested parties.

Investment Analysis

(SP1 area)
Area Average
£353/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (SP1)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -0.9%
5 year growth: +0.4%
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

Rollestone Street, Salisbury, Wiltshire SP1
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 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.

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