4 bedroom semi-detached house for sale

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4 bedroom semi-detached house for sale

Park Street, Salisbury, SP1
£425,000

Price History

Initial price £450,000
04/10/25 £425,000
Price Change -5.56%

Description

The Park House is a unique investment opportunity located on the outskirts of Salisbury city centre, offering a multi-use property with established incomes and long leases. The property features a pet grooming salon, three flats currently rented out, and a billboard generating an additional revenue stream. The leases and incomes include a shop tenancy with a new lease set to begin in 2025, three flats with 999-year leases generating £7,140, £8,340, and £11,100 per annum respectively, and a billboard with a new 5-year lease earning £1,400 per annum. The total annual income is £36,980, and the buyer will acquire the freehold interest in the property, with all three flats sold with tenants in situ.