Carter & May says ..
A mixed use investment property which consists of a ground floor shop with further five bedroom HMO. The building has a communal kitchen, two bathrooms, cloakroom and outside courtyard. Currently the building is producing around £23,000 per year with potential to increase. Being sold as a freehol...
Property Oracle says ..
This property on Brown Street in Salisbury is a mixed-use building currently operating as a five-bedroom HMO with a ground floor shop. The property benefits from a central Salisbury location, proximity to schools, and reasonably good transport links. The exterior presents well, showing a characterful building in reasonably good repair. However, the interior images suggest an older style of HMO, with visible signs of wear and tear. While the property does appear functional, some modernisation would likely enhance its appeal and rental income potential. The lack of outdoor space is a notable drawback, however, this is likely factored into the price. The asking price of £330,000 appears reasonable based on comparable properties, but definitive confirmation needs further local market analysis to confirm price per sq ft. The property offers potential as a continued investment, especially given its established rental income, but potential buyers should also account for future maintenance and modernisation costs.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 1,679.17
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 338,333.00 £Decreased by 35.33 %
- Est sale value
- 597,784.52 £Decreased by 1.39 %
- Average area rental value
- 580.00 £/moDecreased by 51.38 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.06 %Decreased by 24.82 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Carter & May created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bishop Wordsworth'S Church Of England Grammar School | Academy Converter | 0.28 KM | |
| St Osmund'S Catholic Primary School, Salisbury | Voluntary Aided School | Good | 0.43 KM |
| Salisbury City Children'S Centre | Children's Centre | 0.45 KM | |
| Salisbury Cathedral School | Other Independent School | 0.46 KM | |
| Clannad Education Centre | Other Independent Special School | Requires improvement | 0.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Barnard Street | £ 0 | 0 | 0.00 KM |
| New Street | £ 0 | 0 | 0.00 KM |
| Payne's Hill | £ 310,000 | 0 | 0.00 KM |
| Churchill Way East | £ 530,000 | 0 | 0.00 KM |
| Exeter Street Roundabout | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Salisbury | 5663 | SAL | 1.65 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Brown Street, Salisbury, SP1 | £ 330,000 | BUY | 5 / 10 | 0.00 KM |
| Brown Street, Salisbury | £ 185,000 | BUY | 7 / 10 | 0.03 KM |
| Brown Street, Salisbury, Wiltshire, SP1 | £ 219,950 | BUY | 6 / 10 | 0.03 KM |
| Brown Street, Salisbury, SP1 | £ 225,000 | BUY | Unknown | 0.06 KM |
| St. Ann Street, Salisbury, SP1 | £ 299,950 | BUY | 7 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 96 Brown Street | £ 168,000 | 0.05 KM |
| 41 St Ann Street | £ 450,000 | 0.06 KM |
| 39 St Ann Street | £ 533,000 | 0.06 KM |
| 27 St Ann Street | £ 235,000 | 0.06 KM |
| 25 St Ann Street | £ 135,000 | 0.06 KM |