About This Property

Discover what makes this home special

The Mercia is a well-designed two-bedroom apartment located in the charming city of Salisbury. Offering a spacious open-plan kitchen and living area, this property is ideal for modern living and entertaining. Both bedrooms are generously sized, complemented by a well-appointed bathroom and ample storage space. The apartment benefits from a south-east facing garden, providing pleasant morning sunlight and a peaceful outdoor retreat.

Situated within the sought-after SP2 9FA postcode, The Mercia offers excellent access to local amenities, schools, and transport links. Salisbury’s historic city centre is just a short drive or bike ride away, providing a rich cultural environment alongside practical conveniences. This property represents a fantastic opportunity for first-time buyers, professionals, or investors seeking a comfortable and well-connected home.

Property Features

This apartment boasts a spacious open-plan kitchen and living room that maximises natural light and space efficiency. Both bedrooms are doubles, suitable for families or sharers, while the bathroom is modern and functional. The south-east facing garden ensures good morning sunlight, perfect for breakfast or relaxing outdoors. Additional storage space is provided via a dedicated cupboard, enhancing practicality. The property is finished with double glazing and contemporary fittings throughout.

Open-plan kitchen/living roomTwo double bedroomsBathroomStorage cupboardSouth-east facing gardenDouble glazing+1

Local Amenities

The Mercia benefits from proximity to Salisbury’s key amenities, including the iconic Salisbury Cathedral and a vibrant city centre with shops, cafes, and cultural venues. Excellent transport links are available at Salisbury Railway Station, connecting residents to London and other major cities. Families will appreciate nearby schools such as St Joseph’s Catholic Primary School, while leisure options abound with parks like Harnham Community Park close by. Essential services including supermarkets and libraries are also within easy reach, making this location highly convenient.

Salisbury CathedralSalisbury Railway StationSt Joseph's Catholic Primary SchoolSalisbury LibraryWaitrose SupermarketHarnham Community Park+1
Salisbury Railway Station Train Station (1.4 miles, 6 mins drive) • 1h 20m to Bristol

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£230,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£96/mo
Estimated Ground Rent£8/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£230,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£96/mo
Estimated Ground Rent£8/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good access to London by train
Stable local rental market
Limited international airport proximity

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£230,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£96/mo
Estimated Ground Rent£8/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.7%
Based on £1,093/mo rent
Area Price Growth
+2.9%
Average annual increase
5-Year Value Forecast
£265,083
+£35,083 projected gain
5-Year Rent Forecast
£1,343/mo
Based on 4.2% annual growth
Price per Sq Ft£404
Annual Rent Income£13,116
10-Year ROI228%
Break-Even Point18 yrs

Property Value Projection

Based on 2.9% annual growth
£265,083
5yr
£305,518
10yr
£352,121
15yr
£405,833
20yr
£467,737
25yr
Current: £230,000

Monthly Rental Income

Based on 4.2% annual growth
£1,343
5yr
£1,649
10yr
£2,026
15yr
£2,489
20yr
£3,057
25yr
Current: £1,093/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Waterloo
1h 30m
1h 20m
Bristol Temple Meads
1h 20m
1h 15m

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Kitchen/Living room
Morning Excellent
Afternoon Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Good
Afternoon Moderate
Evening Low

Location Scores

68
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
55
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Salisbury City Centre Regeneration
1 mileEst. 2025
* Information based on local planning applications and may be subject to change

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£230,000
AvailableNB0000049498
View Location Analytics

The Mercia

Salisbury, Salisbury SP2 9FA
St Peters Place
2
Bedrooms
1
Bathrooms
570
Est. Sq ft
apartment
Type
Available Plot Numbers
1086
1 plot(s) available
Ownershipleasehold

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£230,000The Mercia

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The Mercia
The MerciaSalisbury£230,000

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