Bemerton Heath v Bishopdown Farm

We all know Bishopdown Farm as one of the sought after places to live in Salisbury; a well laid out development with attractively styled houses close to open countryside but with good local facilities and a ‘bus service to the city. The average property here sells at around £335,700 and rents are roughly £900 to £950 per calendar month.

These are reasons a landlord came to our office to find out if Bishopdown Farm would be a better rental investment than Bemerton Heath, where he has a property at the moment.  Bemerton Heath is made up of flats, terraced and semi-detached properties which were built from the 1950s and are ex-local authority. On average they sell at around £116,500 and can rent at around £690 per month.

It became interesting when we compared the possible annual yields, as Bishopdown Farm could achieve up to 3.4% but yields can be as much as 50% more on Bemerton Heath at around 7.1% on average. However, we must remember that yield is not the sole consideration when investing in buy to let. The average value of property on Bemerton Heath has risen by 28% since 2000, but Bishopdown Farm has risen by 63%.

If you want to discuss this or any other property call in to the office or call me on my direct line – 01722 330000