About This Property

Discover what makes this home special

The Mercia is a well-designed two-bedroom apartment located in the vibrant city of Salisbury, offering a perfect blend of comfort and convenience. Priced at £230,000, this property is ideal for first-time buyers, young professionals, or small families seeking a modern living space with easy access to local amenities. The apartment features a spacious open-plan kitchen and living room, two generously sized bedrooms, and a well-appointed bathroom, all thoughtfully laid out to maximize space and natural light.

Situated within the St Peters Place development, this apartment benefits from a peaceful residential setting while being close to Salisbury's historic city centre. Residents can enjoy excellent transport links, reputable schools, and a variety of shopping and leisure options nearby. The property’s east-facing aspect ensures pleasant morning sunlight, creating a welcoming atmosphere throughout the day.

Property Features

This apartment boasts a contemporary open-plan kitchen and living area that maximizes space and light, perfect for both relaxing and entertaining. Both bedrooms offer comfortable accommodation with ample natural light, while the bathroom is fitted with modern fixtures. Additional storage space is provided by a dedicated cupboard, enhancing the functionality of the home. The property benefits from double glazing and gas central heating, ensuring energy efficiency and comfort year-round.

Open-plan kitchen/living roomTwo double bedroomsModern bathroomStorage cupboardEast-facing aspectAllocated parking+2

Local Amenities

The Mercia enjoys excellent proximity to Salisbury railway station, providing easy rail connections to London and other major cities. The city centre is within walking distance, offering a rich selection of shops, restaurants, and cultural attractions including the iconic Salisbury Cathedral. Families will appreciate the nearby well-regarded schools such as St Osmund's Catholic Primary and Salisbury Cathedral School. Essential services including Waitrose supermarket and Salisbury Hospital are conveniently close, while several local parks provide green spaces for recreation and leisure.

Salisbury railway stationSalisbury city centreSt Osmund's Catholic Primary SchoolSalisbury Cathedral SchoolWaitrose supermarketSalisbury Hospital+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

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
East-Facing Morning Sun
6h
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
AvailableNB0000049500
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
1090
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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