Sarum Close, Salisbury

About the property

***INVESTORS ONLY*** Sarum Close is a well-designed first-floor flat located in a popular residential area and presents an excellent opportunity for a buy-to-let investor to develop their property portfolio. A communal entrance hallway leads through a private front door to the accommodation. This comprises a sitting room with a joining kitchen, a double bedroom with built in wardrobes, and a bathroom with shower facilities. Externally, the property benefits from an allocated parking space. The current landlord achieves a rent of £700 per month, with a gross yield of 6.7%.

Approach

From Salisbury, proceed north from St. Paul's Roundabout onto Devizes Road (A360) and continue for approximately half-a-mile before turning right onto Sarum Close. Continue down the hill before turning right where the property will become apparent on the right-hand side after a short distance.

Entrance Hall

Door to the building open to the communal entrance hall. Continue up to the first floor where there will be a private door to the property. The door opens to a hallway with access to the sitting room/kitchen, bedroom, and the bathroom.

Sitting Room/Kitchen

Carpeted reception room space with windows to the side and rear. Has an adjoining kitchen with wood-effect flooring which offers a range of high and low cabinet units with adjoining solid worktops incorporating a stainless-steel sink basin with drainer unit, and surrounding splashback tiling. Offers space for an electric cooker and a washing machine, as well as a breakfast bar area.

Bedroom 10' 7'' x 7' 9'' (3.22m x 2.36m)

Carpeted bedroom space with window to the side aspect and a built-in wardrobe unit.

Bathroom

Tile-effect flooring. Offers a bathtub with shower facilities above, a WC, wash hand basin with mirror above, and an extractor fan.

Exterior

Externally the property offers an allocated parking space.

Location

The Salisbury city centre is within a reasonable walking distance which offers a great range of amenities. These include, but are not limited to, supermarkets, high-street shops, bi-weekly markets, copious restaurants, pubs & bars, a theatre, the arts centre, a cinema and renowned state and private schools. These include Bishop Wordsworth's, South Wilts Grammar School, Godolphin School, and Leehurst Swan. Leisure and recreational facilities include the nearby Five Rivers Leisure Centre, private members gymnasiums, a golf club, and recreation grounds. Salisbury train station is within a good distance and offers direct links into London Waterloo and routes into the West Country. Additionally, Salisbury is well-positioned to offer great road links to the coastal cities of Southampton and Bournemouth, as well as routes into the New Forest.

Lease Details

There are 159 years on the lease from 19th October 2017 (approximately 152 years remaining). There is a peppercorn ground rent with an annual service charge of £880 (paid in two instalments a year).

Services

The property is connected to mains water and drainage, and electric, with no gas in the building.