2 Bed Flat, Single Let, Ashbourne, DE6 1FN, £200,000

Madge House, Ashbourne, DE6 1FN - 2 years ago

Leasehold
BTL
~102 m²
+6 photos

ValuationUndervalued

Sold Prices£145K - £185K
Sold Prices/m²£1.4K/m² - £2.5K/m²

 

 

Square Metres

~102 m²
Price/m²£2K/m²

Value Estimate

£210,623
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£695 - £1,200

Rent Estimate

£750

Running Costs/mo

£795

Cashflow/mo

£-45

Cashflow/yr

£-540

Gross Yield

5%

Local Sold Prices

10 sold prices from £145K to £185K, average is £159K. £1.4K/m² to £2.5K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£145K09/220.03 miFlat 43, Chatsworth Court, Park View, Ashbourne, Derbyshire DE6 1PF2
£154K05/220.04 miFlat 3, Chatsworth Court, Park View, Ashbourne, Derbyshire DE6 1PF2
£185K12/210.12 mi2, Thornley Place, Ashbourne, Derbyshire DE6 1PQ2
£160K11/200.12 mi9, Thornley Place, Ashbourne, Derbyshire DE6 1PQ2
£160K03/220.12 mi10, Taylor Court, Ashbourne, Derbyshire DE6 1BZ2
£159K08/220.22 mi2a, King Street, Ashbourne, Derbyshire DE6 1EA2
£159K09/210.53 mi5, Bernard Gadsby Close, Ashbourne, Derbyshire DE6 1RB2
£159K09/210.58 mi5, Bernard Gadsby Close, Ashbourne, Derbyshire DE6 1RB2
£157.5K12/201.63 miFlat 6, Dove View, Bridge Hill, Mayfield, Ashbourne, Staffordshire DE6 2HN2
£175K12/221.63 miFlat 5, Dove View, Bridge Hill, Mayfield, Ashbourne, Staffordshire DE6 2HN2

Local Rents

13 rents from £695/mo to £1.2K/mo, average is £835/mo.

RentDateDistanceAddressBeds 
£1,20012/240.11 miKing Edward Street, Ashbourne DE6 1BW2
£82512/240.12 miTaylor Court, Sturston Road, Ashbourne2
£79512/240.12 miTaylor Court, Ashbourne, Derbyshire, DE62
£85012/240.13 miSt. John Street, Ashbourne2
£90012/240.13 miSt. John Street, Ashbourne2
£77512/240.13 miSt. John Street, Ashbourne2
£85012/240.13 miCompton, Ashbourne DE6 1DA2
£72512/240.17 miThe Plough, Old Hill, Ashbourne, Derbyshire2
£88012/240.21 miKing Street, Ashbourne DE6 1EA2
£1,10002/240.28 mi-2
£79512/240.33 miQueen Elizabeth Court, Belle Vue Road, Ashbourne2
£83512/240.47 miSt. Monicas Way, Tissington Court, Windmill Lane, Ashbourne, Derbyshire, DE62
£69512/240.58 miBernard Gadsby Close, Ashbourne2

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.09 miles away

Nearest school

0.30 miles away

Nearest train station

9.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Price changed to £200,000

March 16, 2025

Listed for £225,000

April 13, 2023

Floor Plans

Description

  • 2 Bedroom +
  • Ground Floor Apartment +
  • Grade II Listed Building +
  • Gated Development +
  • Historic Market Town +
  • Designated Parking Space +
  • Private Gated Access +
  • Town Centre +
  • All enquires to the Ashbourne Office. +

A unique opportunity to purchase a two bedroom ground floor apartment within this select gated development within the heart of the historic market town of Ashbourne within this Grade II listed building.

Description - Unusually for a property of this nature it benefits from designated parking space behind private gated access from the main Shawcroft car park in Ashbourne town centre.

Offered For Sale With No Upward Chain -

Accommodation - The property is located on the ground floor within the Grade II listed Madge House building. The accommodation having been thoughtfully designed and converted in 2005. The main entrance door into the Breakfast Kitchen has a range of matching wall and base units, integrated fridge freezer, integrated electric oven and electric hob along with integrated sink and drainer. Leading off from the Kitchen is both the Lounge and Utility Room. The Utility room has further wall units and worktop area with appliance space beneath and plumbing for a washing machine/dishwasher.

Accommodation Continued - The Lounge is spacious and charming with glazed access door to the garden area. A particular feature of the room is the feature fireplace. Leading off the Lounge is a further useful storage cupboard and an extensive walk-in cellar providing additional storage.
Accessed off the Lounge is the Inner Hallway which leads to the sleeping quarters with direct access to the shower room and both bedrooms. The Master Bedrooms benefits from fitted bedroom furniture and has an ensuite shower room.

Externally - The apartment has its own private access within the select development with just this apartment and three mews properties using this particular access from the designated parking area, which is behind electric double gates accessed via the main Ashbourne Shawcroft car park.

The property has its own private enclosed garden which is mainly paved with some shrub and flower beds, it will make a lovely location to enjoy the outdoor seating area.

Directions - The property is accessed directly via Shawcroft car park which is the main car park of the historic market town of Ashbourne. The access is to the immediate right as you pull into the car park off Park Road behind the double timber gates. Viewers are advised to park on Shawcroft Car park and walk on foot to the gated access.

General Information -

Services: - Main Water, Electricity, Drainage and Gas are connected. Gas fired central heating.

Tenure And Possession: - The property is sold Leasehold with vacant possession.
We understand there was a 999 year lease granted in 2005. The ground rent is £50 per annum. With a monthly service charge of £120pcm. Paid quarterly as of 2021.

Rights Of Way, Wayleaves And Easements: - The property is sold subject to and with the benefit of all rights of way, easements and wayleaves whether or not defined in these particulars.

Fixtures And Fittings: - Only those fixtures and fittings referred to in the sale particulars are included in the purchase price.

Local Authority And Council Tax Band - Derbyshire Dales District Council - Tel: - Band C

Viewings: - Strictly by appointment through the Ashbourne Office of Bagshaws as sole agents on or e-mail: . Please do not enter the gated complex without an appointment to view the property.

General Remarks - Bagshaws LLP have made every reasonable effort to ensure these details offer an accurate and fair description of the property but give notice that all measurements, distances and areas referred to are approximate and based on information available at the time of printing. These details are for guidance only and do not constitute part of the contract for sale. Bagshaws LLP and their employees are not authorised to give any warranties or representations in relation to the sale.

Agent Details

Bagshaws, Ashbourne

01335 218931

Next Steps?

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