# 1 bedroom flat for sale (SP1 3SW) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 10, RIVERSIDE COURT, 141, CASTLE STREET, SALISBURY, WILTSHIRE SP1 3SW | | Price | £210,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Floor area | 52 m² | | Last sold | £200,000 Sep 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Expiry date:** 15/09/2032 - **Current heating cost:** £403/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7000-7464-0332-6290-3123) ## Description ONE BEDROOM GROUND FLOOR APARTMENT WITH GARDEN SPACE AND ALLOCATED PARKING **** Originally built in the 1980s, Riverside Court has been meticulously and stylishly converted to offer modern apartment living in a prime city-centre location. It presents an excellent opportunity for retirees, investors, or first-time buyers. This ground-floor apartment offers well-proportioned accommodation, including a spacious living room with a large front-facing window that fills the space with natural light. The separate kitchen is thoughtfully designed with sleek white gloss eye-level and under-counter cabinets, an electric oven and hob, and integrated appliances, including a dishwasher and washer/dryer. The bedroom is generously sized and features a large built-in wardrobe with mirrored doors, providing ample storage. A light shaft is also situated in the bedroom, flooding the bedroom with natural light and allowing for a small courtyard area too. The stylish, fully tiled bathroom is equipped with a bath and overhead rainfall shower, a hidden-cistern toilet, an LED mirror, a heated towel rail, and a sink with vanity storage. Additional benefits include electric radiator heating, double-glazed aluminium windows with elegant wooden shutters, and the remainder of a 10-year new-build structural warranty provided by ICW. The apartment also features an allocated parking space and private outdoor space. Riverside Court is conveniently located just over half a mile from Salisbury¿s mainline station, offering direct access to London Waterloo in under 90 minutes. The historic Market Square is even closer, with multiple bus stops providing excellent connectivity to the local area and beyond. **Additional Information ** Leasehold: 247 years remaining ( 250 years from 30.11.2022) Ground rent: Peppercorn Service Charges: £1,172.74 Sep 24 - Sep 25 Council Tax Band: C Parking: 1 Allocated Space Utilities: Mains Electricity Mains Water - Metered Drainage: Mains Drainage Broadband: Refer to ofcom website - Mobile Signal: Refer to ofcom website - Flood Risk: Refer to gov.uk, check long term flood risk **Lounge ** 4.65m (15'3) x 3.6m (11'10) **Kitchen** 3.55m (11'8) x 2.63m (8'8) **Bedroom 1** 3.69m (12'1) x 3.43m (11'3) **Bathroom** 2.26m (7'5) x 1.9m (6'3) **** DRAFT DETAILS We are awaiting verification of these details by the seller(s). **** ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.   These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract. Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale. ## Property Photos - ![ (Main)](/listings/photos/170968253/200975) - (Main) - ![Other](/listings/photos/170968253/200976) - Other - ![Other](/listings/photos/170968253/200977) - Other - ![Other](/listings/photos/170968253/200978) - Other - ![Other](/listings/photos/170968253/200979) - Other - ![Other](/listings/photos/170968253/200980) - Other - ![Other](/listings/photos/170968253/200981) - Other - ![Other](/listings/photos/170968253/200982) - Other - ![Other](/listings/photos/170968253/200983) - Other - ![Other](/listings/photos/170968253/200984) - Other ## Floorplans - ![Other](/listings/photos/170968253/200985) - Other ## EPC Graphs - ![Other](/listings/photos/170968253/200986) - Other ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | RIVERSIDE COURT, 141 FLAT 10 CASTLE STREET, SALISBURY, WILTSHIRE, SP1 3SW | £200,000 | 22/09/2025 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 14 FLAT 2 KINGS ROAD, SALISBURY, WILTSHIRE, SP1 3AD | £183,000 | 05/01/2026 | Flat | | 66 ARCHERS COURT, SALISBURY, WILTSHIRE, SP1 3WE | £137,500 | 19/11/2025 | Flat | | NICHOLAS COURT 4 COLLEGE STREET, SALISBURY, WILTSHIRE, SP1 3TD | £190,000 | 23/05/2025 | Flat | | 12 MONUMENT PLACE, SALISBURY, WILTSHIRE, SP1 3GE | £385,410 | 05/12/2024 | Flat | | 41 MONUMENT PLACE, SALISBURY, WILTSHIRE, SP1 3GE | £399,000 | 11/10/2024 | Flat | | 59 MONUMENT PLACE, SALISBURY, WILTSHIRE, SP1 3GE | £499,000 | 25/07/2024 | Flat | | 61 MONUMENT PLACE, SALISBURY, WILTSHIRE, SP1 3GE | £460,000 | 20/12/2023 | Flat | | 36B FLAT 1 WYNDHAM ROAD, SALISBURY, WILTSHIRE, SP1 3AB | £372,000 | 06/12/2023 | Flat | | 48 MONUMENT PLACE, SALISBURY, WILTSHIRE, SP1 3GE | £429,000 | 27/10/2023 | Flat | | 35 ARCHERS COURT, SALISBURY, WILTSHIRE, SP1 3WE | £80,000 | 16/08/2023 | Flat | | CENTURY HOUSE APARTMENT 4 ENDLESS STREET, SALISBURY, WILTSHIRE, SP1 3UH | £400,000 | 09/06/2023 | Flat | | 15 MONUMENT PLACE, SALISBURY, WILTSHIRE, SP1 3GE | £334,700 | 26/05/2023 | Flat | | 57 MONUMENT PLACE, SALISBURY, WILTSHIRE, SP1 3GE | £228,393 | 28/04/2023 | Flat | | 63 ARCHERS COURT, SALISBURY, WILTSHIRE, SP1 3WE | £175,000 | 27/04/2023 | Flat | | 50 MONUMENT PLACE, SALISBURY, WILTSHIRE, SP1 3GE | £302,500 | 26/04/2023 | Flat | | 52 ARCHERS COURT, SALISBURY, WILTSHIRE, SP1 3WE | £185,000 | 26/04/2023 | Flat | | 71 ARCHERS COURT, SALISBURY, WILTSHIRE, SP1 3WE | £120,000 | 05/04/2023 | Flat | | 42 MONUMENT PLACE, SALISBURY, WILTSHIRE, SP1 3GE | £308,500 | 24/02/2023 | Flat | | 43 ARCHERS COURT, SALISBURY, WILTSHIRE, SP1 3WE | £110,000 | 22/02/2023 | Flat | | 15 ARCHERS COURT, SALISBURY, WILTSHIRE, SP1 3WE | £190,000 | 15/02/2023 | Flat | **Area average:** £274,450 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £234,658 (28 Flat, SP1, 2024–2026) - **Deviation:** -10.5% ## Rental Range *ONS Price Index of Private Rents (Wiltshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £953/mo - **Realistic:** £1,059/mo - **Optimistic:** £1,165/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Salisbury (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £648/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 1 Bed Flat, York Road, SP2 | £850/mo | 1 | 0.27 miles | OpenRent | | 1 Bed Flat, Blue Boar Row, SP1 | £1,000/mo | 1 | 0.31 miles | OpenRent | | Studio Flat, Park St, SP1 | £975/mo | 1 | 0.32 miles | OpenRent | | Studio Flat, Brown Street, SP1 | £750/mo | 1 | 0.37 miles | OpenRent | | 1 Bed Flat, Minster Street, SP1 | £950/mo | 1 | 0.38 miles | OpenRent | | 1 Bed Flat, Minster Street, SP1 | £950/mo | 1 | 0.38 miles | OpenRent | **Average rent: £913/mo (6 listings)** ## 1% Rule - **Rent ratio:** 0.45% (weak for cashflow) - **Max investor price (0.8%):** £118,750 - **Target investor price (1%):** £95,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £950/mo).* - **Gross yield:** 5.4% - **Cost-to-rent:** 18.4× - **Monthly cashflow:** £3/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £4,038/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -2.7% - **10y growth:** 9.7% ## House Price Index (HM Land Registry) *Official index for Wiltshire; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -4.6% - **5y growth (index):** 2.2% - **10y growth (index):** 15.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)