About This Property

Discover what makes this home special

The Mercia is a well-designed two-bedroom apartment situated in the thriving community of Salisbury, SP2 9FA. Offering a spacious open-plan kitchen and living area, this property is ideal for first-time buyers or investors looking for a modern, low-maintenance home. The apartment includes two comfortable bedrooms and a well-appointed bathroom, making it both practical and stylish. Located in the popular St Peters Place development, it benefits from excellent local amenities and transport links, providing a perfect blend of convenience and comfort.

The property enjoys a south-east facing rear garden, allowing for good morning and early afternoon sunlight, perfect for those who appreciate natural light during the start of the day. The layout maximizes space and light, with windows positioned to enhance the flow of daylight throughout the living areas and bedrooms. With a competitive price point of £230,000, The Mercia offers excellent value in the Salisbury property market.

Property Features

This apartment boasts a contemporary open-plan kitchen and living area that maximizes space and light. The two bedrooms are well-sized and comfortable, complemented by a modern bathroom. Additional features include a handy storage cupboard and double-glazed windows, enhancing energy efficiency and comfort. The south-east facing garden provides a pleasant outdoor space that benefits from morning sunlight, ideal for relaxing or entertaining.

Open-plan kitchen/living roomTwo bedroomsOne bathroomSouth-east facing gardenStorage cupboardModern fittings+1

Local Amenities

The Mercia benefits from an excellent location close to Salisbury city centre, offering a wealth of amenities including shopping, dining, and cultural attractions such as the iconic Salisbury Cathedral. Families will appreciate proximity to reputable schools like St Osmund's CE Primary School. Commuters have easy access to Salisbury railway station, providing direct links to London and other major cities. Additionally, nearby parks and green spaces offer recreational opportunities, contributing to a balanced lifestyle.

Salisbury railway stationSt Osmund's CE Primary SchoolSalisbury CathedralWaitrose supermarketSalisbury city centreParks and green spaces
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

Analyzing...
--/100
ChallengingModerateGoodExcellent

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£411
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
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Kitchen/Living room
Morning Excellent
Afternoon Good
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
AvailableNB0000049499
View Location Analytics

The Mercia

Salisbury, Salisbury SP2 9FA
St Peters Place
2
Bedrooms
1
Bathrooms
560
Est. Sq ft
apartment
Type
Available Plot Numbers
1089
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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