3 Bed Semi-Detached House, Refurb/BRRR, Ashbourne, DE6 2HB, £220,000

Blenheim Cottage, Church Lane, Ellastone,, DE6 2HB - 4 views - a year ago

Refurb/BRRR
~93 m²
+7 photos

ValuationFair Value

Sold Prices£128K - £690K
Sold Prices/m²£1.2K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£216,225

 

 

End Value (After Refurb)

£250,214

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Refurb Costs

£37,686

Bridging Loan Interest

£5,775

Total Cash In

£108,011

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£250,214

Mortgage (After Refinance)

£187,661

Mortgage LTV

75%

Cash Released

£22,661

Cash Left In

£85,350

Equity

£62,554

Rent Range

£875 - £1,200

Rent Estimate

£1,038

Running Costs/mo

£1,010

Cashflow/mo

£28

Cashflow/yr

£342

ROI

0%

Gross Yield

6%

Local Sold Prices

43 sold prices from £128K to £690K, average is £210K. £1.2K/m² to £4.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£690K06/230.02 miThe Stonebarn, Church Lane, Ellastone, Ashbourne, Staffordshire DE6 2HB3
£650K06/211.04 miThe Smithy, Wootton, Ellastone, Ashbourne, Staffordshire DE6 2GW3
£275K03/242.01 mi2, Elm View, Denstone, Uttoxeter, Staffordshire ST14 5HD3
£210K10/202.07 mi12, Marlpit Lane, Denstone, Uttoxeter, Staffordshire ST14 5HH3
£300K07/232.07 mi6, St Chads Close, Denstone, Uttoxeter, Staffordshire ST14 5HQ3
£305K02/232.07 mi8, St Chads Close, Denstone, Uttoxeter, Staffordshire ST14 5HQ3
£245K02/232.24 miHanniford Cottage, Church Lane, Mayfield, Ashbourne, Staffordshire DE6 2JR3
£219.5K05/212.42 mi9, Woodseat Grove, Rocester, Uttoxeter, Staffordshire ST14 5NA3
£135K02/232.47 mi77, Dove Lane, Rocester, Uttoxeter, Staffordshire ST14 5LB3
£165K01/212.51 mi22, Dove Lane, Rocester, Uttoxeter, Staffordshire ST14 5LA3
£180K07/222.52 mi7, Wallash, Mayfield, Ashbourne, Staffordshire DE6 2JZ3
£270K09/212.52 miBali-hi, Wall Ash, Mayfield, Ashbourne, Staffordshire DE6 2JZ3
£236K04/232.54 mi4, Rowan Court, Rocester, Uttoxeter, Staffordshire ST14 5DA3
£205K09/212.54 mi2, Rowan Court, Rocester, Uttoxeter, Staffordshire ST14 5DA3
£500K12/232.55 miThe Seasons, Taylors Lane, Denstone, Uttoxeter, Staffordshire ST14 5HX3
£377K06/232.57 mi3, Wootton Lane, Oakamoor, Stoke-on-trent, Staffordshire ST10 3BJ3
£167.5K05/212.59 mi14, Church Lane, Rocester, Uttoxeter, Staffordshire ST14 5JZ3
£150K11/202.64 mi1, Westgate Close, Rocester, Uttoxeter, Staffordshire ST14 5PG3
£180.3K02/232.66 mi50, Mayfield Avenue, Mayfield, Ashbourne, Staffordshire DE6 2JB3
£226K02/232.66 mi55, Mayfield Avenue, Mayfield, Ashbourne, Staffordshire DE6 2JB3
£195K03/212.66 mi1, Church View, Mayfield, Ashbourne, Staffordshire DE6 2JJ3
£173K11/202.67 mi62, High Street, Rocester, Uttoxeter, Staffordshire ST14 5JU3
£165.3K08/222.68 mi14, The Crescent, Mayfield, Ashbourne, Staffordshire DE6 2JE3
£215K05/212.68 mi4, Sunny Bank, Mayfield, Ashbourne, Staffordshire DE6 2LB3
£230K09/212.68 mi1, Sunny Bank, Mayfield, Ashbourne, Staffordshire DE6 2LB3
£150K04/232.69 mi55, Mill Street, Rocester, Uttoxeter, Staffordshire ST14 5JX3
£156K03/212.69 mi45, Mill Street, Rocester, Uttoxeter, Staffordshire ST14 5JX3
£186K04/232.69 mi42, Mill Street, Rocester, Uttoxeter, Staffordshire ST14 5JX3
£200K11/202.71 mi3, Meadowside, Mayfield, Ashbourne, Staffordshire DE6 2JH3
£188K12/202.71 mi7, Meadowside, Mayfield, Ashbourne, Staffordshire DE6 2JH3
£337.5K12/222.72 mi4, Piccadilly Lane, Upper Mayfield, Ashbourne, Staffordshire DE6 2HP3
£150K10/202.73 mi5, Oxmead, Mayfield, Ashbourne, Staffordshire DE6 2HZ3
£310K12/202.74 miMaisie View, Hurstons Lane, Alton, Stoke-on-trent, Staffordshire ST10 4AP3
£128K05/212.74 mi39, Eaton Road, Rocester, Uttoxeter, Staffordshire ST14 5LL3
£137K11/202.74 mi21, Eaton Road, Rocester, Uttoxeter, Staffordshire ST14 5LL3
£197.5K12/222.77 mi62, Riversfield Drive, Rocester, Uttoxeter, Staffordshire ST14 5LN3
£267.5K09/212.81 miThe Pines, Uttoxeter Road, Alton, Stoke-on-trent, Staffordshire ST10 4AT3
£170K04/212.83 mi15, Dovefields, Rocester, Uttoxeter, Staffordshire ST14 5LT3
£186K10/202.83 mi31, Dovefields, Rocester, Uttoxeter, Staffordshire ST14 5LT3
£231K03/242.83 mi34, Dovefields, Rocester, Uttoxeter, Staffordshire ST14 5LT3
£219.9K07/232.83 mi24, Dovefields, Rocester, Uttoxeter, Staffordshire ST14 5LT3
£320K06/232.85 miStonethwaite, Smithy Bank, Alton, Stoke-on-trent, Staffordshire ST10 4AD3
£295K12/202.88 miChelsea Cottage, Malthouse Road, Alton, Stoke-on-trent, Staffordshire ST10 4AG3

Local Rents

4 rents from £875/mo to £1.2K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,20012/242.06 miCorner Cottage, Roston3
£87512/242.27 miChurch Road, Snelston2
£1,10004/252.31 mi-2
£90003/252.4 mi-2

Local Area Statistics

Population in DE6

25,599

Town centre distance

4.44 miles away

Nearest school

1.70 miles away

Nearest train station

6.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £220,000

November 27, 2023

Floor Plans

Description

  • A charming three bedroom semi detached home +
  • In need of modernisation +
  • Driveway and garage +
  • Good sized gardens +
  • Backing onto farmland to the rear +
  • All enquires to the Ashbourne office +

Three bedroom semi detached property in need of modernisation, good sized gardens backing onto farmland.

Location - Delightfully positioned on Church Lane within the much sought after village of Ellastone. Also on the lane is the village hall, tennis courts, bowls club and church with the well considered gastro pub of the Duncombe Arms also within walking distance. Rarely are there more affordable properties available in this village with such potential for enhancement and set in such a stunning location.

Guide Price - £220,000

Ground Floor - The main access to the property is at the front with the main access door leading through to the Entrance Porch having glass pannelled internal access door to the Extended Lounge.

The Extended Lounge is the main reception room to the property overlooking the garden forecourt and lane to the front with open fire having marble hearth. Built-in display plinth. Internal access door to Kitchen.

Kitchen having a range of matching wall and base units with work surface over. Sink and drainer. Electric cooker point, understairs storage cupboard, internal access door to the Rear Hall having the stairs raising to the first floor landing, internal access through to Walk-in Pantry, Shower room, separate WC and Lean to Utility Room.

The Shower Room is fitted with a shower cubicle having shower over and vanity wash hand basin with cabinet storage beneath. Across the rear hall is the Separate WC having low level WC fitted.

The Rear Lean to Utility Room has the base mounted oil fired central heating boiler within, coat hanging space and boot space, external access door to side.

First Floor - The first floor landing provides internal access to all first floor bedrooms.

Bedroom One is a front facing bedroom enjoying a lovely open outlook across the land, there is a range of bedroom furniture and built-in airing cupboard housing the hot water tank.

Bedroom Two enjoys stunning views to the rear across open farmland to the rolling hills beyond, it also has a built-in over stairs storage cupboard.

Bedroom Three is the smaller of the bedrooms and is on the side elevation having buit-in wardrobe and overbed storage cupboard.

Externally - The front elevation the lane with an open field beyond. There is a stone walled forecourt with paved patio seat area having raised flower and shrub borders interspersed. The paved path leads around the side of the property to the rear.

To the immediate rear is the driveway providing off road parking and access to the Detached Single Garage with up and over vehicular access door, power and lighting.

The rear garden backs onto open farmland and enjoys stunning views over the rolling hills beyond. It is mainly laid to lawn with hedge boundary to the north and open to the south. There is a timber summer house, garden shed and greenhouse all set within the garden area.

General Information -

Services - We understand there is mains water and electric supply. Private drainage shared with the neighbour. Oil fired central heating.

Tenure And Possession - The property is sold Freehold with vacant possession.

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. We understand the neighbouring property has a right of way across the rear.

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

Local Planning Authority - East Staffordshire Borough Council. Council Tax Band – B

Personal Interest - Please note that one of the vendors is an employee of Bagshaws LLP.

Viewings - Strictly by appointment through the Ashbourne Office of Bagshaw's as sole agents on or e-mail: .

Directions - From Ashbourne; Proceed out of Ashbourne on the A52 towards Leek, proceed past the Royal Oak public house and just over the bridge turn left towards Mayfield on the B5032. Continue through Mayfield and Middle Mayfield and into the village of Ellastone, as the road turns sharply to the left take the right turn towards Wootton . Then take the first right onto Church lane and follow the lane around where the subject property will be found on the right hand side clearly identified by the Bagshaws ‘For Sale’ board.
What3words; ///masts. taxpayers.joyously

Epc - Rating E

Agents Note - 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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