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Milton, East Knoyle, Salisbury, Wiltshire SP3

South West

£350,000

Listed on 09/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1138 sqft

Description

This three-bedroom cottage, located in the tranquil hamlet of Milton near East Knoyle, presents an excellent opportunity for buyers looking to invest in a property with significant renovation potential. Having been maintained within the same family for many years, it offers a canvas for modernisation that can transform it into a stunning home while retaining its inherent character. The ground floor comprises two adaptable reception rooms, a galley kitchen, and a downstairs shower room. Notably, the rear features a sizable timber-framed lean-to store and utility area, ripe for conversion or enhancement to suit contemporary living. Upstairs includes two decent double bedrooms alongside a cozy single bedroom, complemented by a conveniently placed WC. The exterior boasts private off-road parking with a carport and two traditional stone outbuildings that could serve multiple purposes post-renovation. A generous garden lies at the back, complete with established borders, raised vegetable beds, greenhouses, and a workshop/shed—all set against picturesque countryside views and enjoying a peaceful westerly aspect. With the added advantage of no onward chain and being located near local amenities and excellent transport links, this property is primed for transformation into a desirable residence.

Investment Analysis

(SP3 area)

Below Market Value

This property is priced -14.7% below area average per sq ft

-14.7%
Potential saving
This Property
£308/sq ft
Area Average
£360/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£451,149
10% above area average per sq ft
Potential ROI
+12.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SP3)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +3.5%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on SP3 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

Milton, East Knoyle, Salisbury, Wiltshire SP3
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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
£1,249
Based on a loan of £262,500 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

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