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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 09/05/2026

Property Details

Bedrooms
4
Type
Land

Description

Located in the heart of Salisbury's historic centre, the property at 37–39 Rollestone Street offers a unique opportunity for residential development with approved planning permissions for the construction of three townhouses. The site spans approximately 0.19 acres and is positioned within the conservation area, surrounded by traditional architecture and historically significant structures, including a Grade II listed wall along Rollestone Street. The previously granted planning consent (reference pl/2025/06308) allows for thoughtful development that respects its environment while optimizing potential living space in a prime location. This project promises to cater to the growing demand from owner-occupiers seeking modern homes close to amenities such as Salisbury Market Square, shops, leisure facilities, and convenient transport links to London Waterloo via the nearby railway station. With vacant possession available, this site invites developers to capitalize on its suitable zoning and strategic position within a vibrant urban landscape.

Investment Analysis

(SP1 area)
Area Average
£355/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.0%

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
24
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SP1)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +2.4%
5 year growth: +4.1%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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

This calculation uses non-residential (land/commercial) tax rates.

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