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£450,000

SP1 3AT

  • 5 beds
Detached house

£450,000

  • 5 beds
Detached house
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Estimate monthly mortgage payment:

£2,054 per month

Minimum deposit amount:

£22,500
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The property is arranged as six Flats (Flats 1-6, 59 Park Street, which includes the "studio") and is registered as such. We understand five of the six "Flats" are let currently, i.e. "Flats"1, 3, 4, 5 and 6. The Official Copies from the Land Registry describe the property as “The freehold land shaded pink and blue on the plan of the above title filed at the Registry and being Flats 1-6, 59 Park Street, Salisbury SP1 3AT”. The property is set up as an HMO (House in Multiple Occupation) for Flats 1, 3, 4, 5 and 6 only. The layout of the building is as described in the indicative floor plans and Matterport 3D tour. To the side of the "studio" flat is a small outside area. The studio flat is self-contained, with its own front door and back door to the yard at the side. There is also a side gate for access to the yard via the driveway. There is an area of flying freehold which extends over the entrance to the neighbouring property to the rear (59A Park Street, currently The Colton Ballet School). The access to which is not owned by 59 Park Street. However, the vendor advises there is a pedestrian right of way to the "studio" flat, with a permission for vehicle loading and unloading. The property has potential for improvement and or conversion to a live : work space or a family home, subject to obtaining the necessary required consents, planning permissions, change of use and obtaining vacant possession. Buyers should seek specialist planning and legal advice, and would have to apply to the Council to make an application requesting a change the use of the property from an HMO to a family home or a live : work space accordingly. EPC - F - exemption registered, reference BEIS00152034HKGLD Wiltshire Council Tax Band - E Tenure: Freehold Photographs and floor plans produced summer 2018. 3D Matterport tour taken summer 2021.

Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£1,250
Mortgage and legal costs:
£999
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