Winchester Street, Salisbury – £165,000

Attention Investors/Property Developers!

This incredibly well priced Grade ll Listed property has been offered to the market with Whites! The property is in need of full renovation throughout and boasts the potential of extension into the attic space subject to planning permission. The current accomodation briefly comprises Living Room, Dining Room, Kitchen, two Bedrooms and family Bathroom.

Should the property remain a two bed, once completed I would recommend a resale value of £245,000 and a rental value of £795pcm. Should the property be converted to a three bed, I would estimate a resale value of £275,000 and a rental value of £900pcm.

Yields would obviously depend on the renovation costs. Give White’s a ring to arrange a viewing! https://www.rightmove.co.uk/property-for-sale/property-66944614.html

If you would like our advice on the rental potential of a property, whether it’s your own property, one you are in the process of purchasing, or one you have seen advertised, contact a member of the team!