4 Bed Detached House, Cash/Bridging Only, Ashbourne, DE6 1TD, £375,000

Tutbury Hollow, Ashbourne, DE6 1TD - 8 months ago

Sold STC
Cash
~134 m²
+16 photos

ValuationOvervalued

Sold Prices£185K - £497.5K
Sold Prices/m²£1.6K/m² - £3.5K/m²

 

 

Square Metres

~134.23 m²
Price/m²£2.8K/m²

Value Estimate

£339,432

 

 

End Value (After Refurb)

£384,145

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£54,393

Bridging Loan Interest

£9,844

Total Cash In

£188,437

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£384,145

Mortgage (After Refinance)

£288,109

Mortgage LTV

75%

Cash Released

£6,859

Cash Left In

£181,578

Equity

£96,036

Rent Range

£550 - £3,500

Rent Estimate

£960

Running Costs/mo

£1,412

Cashflow/mo

£-452

Cashflow/yr

£-5,429

Gross Yield

3%

Local Sold Prices

22 sold prices from £185K to £497.5K, average is £317.5K. £1.6K/m² to £3.5K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£220K12/200.11 mi26, Cedar Close, Ashbourne, Derbyshire DE6 1FJ4
£217.5K04/210.11 mi8, Maple Drive, Ashbourne, Derbyshire DE6 1HU4
£465K07/230.27 mi10, Duncombe Drive, Ashbourne, Derbyshire DE6 1LJ4
£390K05/230.27 mi6, Duncombe Drive, Ashbourne, Derbyshire DE6 1LJ4
£310K07/210.31 mi7, Hambleton Close, Ashbourne, Derbyshire DE6 1NG4
£437.5K06/230.35 mi5, Premier Avenue, Ashbourne, Derbyshire DE6 1LH4
£330K11/200.39 mi18, Thorpe View, Ashbourne, Derbyshire DE6 1SY4
£367.5K01/210.57 mi83, Belper Road, Ashbourne, Derbyshire DE6 1BD4
£320K12/200.58 mi17, Lodge Farm Chase, Ashbourne, Derbyshire DE6 1GY4
£360K04/210.58 mi23, Lodge Farm Chase, Ashbourne, Derbyshire DE6 1GY4
£380K05/230.58 mi25, Lodge Farm Chase, Ashbourne, Derbyshire DE6 1GY4
£363K01/230.6 mi7, Margery Close, Ashbourne, Derbyshire DE6 1GZ4
£497.5K02/210.62 miThe Chantry, Derby Road, Ashbourne, Derbyshire DE6 1BE4
£263K06/210.64 mi50, St Oswalds Crescent, Ashbourne, Derbyshire DE6 1FS4
£256.3K04/210.66 mi8, Dovedale Avenue, Ashbourne, Derbyshire DE6 1FT4
£285K10/220.67 mi18, Taylor Court, Ashbourne, Derbyshire DE6 1BZ4
£185K11/200.67 mi32, Taylor Court, Ashbourne, Derbyshire DE6 1BZ4
£235K01/230.67 mi32, Taylor Court, Ashbourne, Derbyshire DE6 1BZ4
£238K12/200.69 mi11, Thornley Place, Ashbourne, Derbyshire DE6 1PQ4
£315K01/210.72 mi8, Clifton Road, Ashbourne, Derbyshire DE6 1DR4
£490K05/210.8 miThe Coach House, 2, Coachmans Close, Ashbourne, Derbyshire DE6 1AW4
£300K01/210.99 mi13, King Street, Ashbourne, Derbyshire DE6 1EA4

Local Rents

36 rents from £550/mo to £3.5K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£87512/240.2 miBarton Drive, ASHBOURNE, Derbyshire, DE62
£90012/240.33 mi-3
£59512/240.49 miSellers Yard, Derby Road, Ashbourne3
£60412/240.58 miLathkill Drive, ASHBOURNE2
£89512/240.6 miBelper Road, Ashbourne, Derbyshire3
£2,30012/240.62 miDerby Road, Ashbourne, Derbyshire, DE65
£72512/240.65 miThe Plough, Old Hill, Ashbourne, Derbyshire2
£82512/240.66 miTaylor Court, Sturston Road, Ashbourne2
£79512/240.67 miTaylor Court, Ashbourne, Derbyshire, DE62
£97512/240.68 miCherry Tree Court, North Leys, Ashbourne DE6 1DQ3
£85012/240.69 miCompton, Ashbourne DE6 1DA2
£72502/240.72 mi-3
£69512/240.77 miBernard Gadsby Close, Ashbourne2
£1,20012/240.78 miKing Edward Street, Ashbourne DE6 1BW2
£92512/240.78 miKing Edward Street, Ashbourne DE6 1BW1
£55012/240.8 miShawcroft, Ashbourne1
£85012/240.88 miSt. John Street, Ashbourne2
£90012/240.88 miSt. John Street, Ashbourne2
£77512/240.88 miSt. John Street, Ashbourne2
£70012/240.88 miSt. John Street, Ashbourne1
£1,10002/240.9 mi-2
£95012/240.91 miThe Hayloft, Old Boothby Farm, Ashbourne3
£79512/240.91 miQueen Elizabeth Court, Belle Vue Road, Ashbourne2
£88012/240.97 miKing Street, Ashbourne DE6 1EA2
£55012/240.97 miTown Hall Yard, Ashbourne, Derbyshire1
£90012/241.17 miThe Green Road, Ashbourne3
£1,00012/241.18 miYeldersley, Ashbourne3
£83512/241.24 miSt. Monicas Way, Tissington Court, Windmill Lane, Ashbourne, Derbyshire, DE62
£95012/241.25 miOld Boothby Farm, The Green Road, Ashbourne DE6 1EE3
£3,50012/241.58 miPool Close Farm, Sandybrook, Ashbourne, DE66
£72512/241.8 miMayfield Avenue, Mayfield, Ashbourne DE63
£87512/241.86 miOrchard Lane,Wyaston, Ashboure DE62
£87512/241.86 miOrchard Lane, Wyaston, ASHBOURNE2
£97512/241.86 miOrchard Lane, Wyaston, Ashbourne, Derbyshire, DE63
£1,10003/252.12 mi-2
£87512/242.36 miChurch Road, Snelston2

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.72 miles away

Nearest school

0.20 miles away

Nearest train station

9.30 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 £375,000

December 4, 2024

Listed for £385,000

August 30, 2024

Floor Plans

Description

  • Four bedroom detached with no upward chain +
  • Dining kitchen & utility room +
  • Sitting room & guest cloakroom +
  • Master bedroom with ensuite +
  • Family bathroom +
  • Located on a small development +
  • Walking distance to bus routes, schools, amenities +
  • EPC rating B. Council tax band E. +
  • Spacious low maintenance rear garden +
  • Single garage & driveway providing off street parking +

Located in the popular development of Tutbury Hollow in Ashbourne, this well-presented four-bedroom detached home is perfect for families or couples looking for more space. Built by Radleigh Homes in 2016, the property is set on a small, quiet development, within easy walking distance of local amenities, schools, bus routes, and has quick access to the A52, making commuting simple. Whether you're upsizing or downsizing to a more manageable home, the property combines modern living with a convenient location.

The property is sold with the benefit of gas fired central heating and uPVC double glazing throughout and internally briefly comprises spacious entrance hallway, dual aspect sitting room and dining kitchen, utility room and a guest cloakroom. To the first floor is a master bedroom with ensuite, three further bedrooms and a family bathroom.

Entering the property through the composite front door, you are greeted by the entrance hallway. From here, French doors open into the sitting room, the dining kitchen, and there is access to a guest cloakroom. The cloakroom includes a pedestal wash hand basin with a chrome mixer tap, a low-level WC, and an electric extractor fan. The hallway also provides access to the staircase leading to the first floor.

Stepping into the dual-aspect dining kitchen, you'll find rolled edge preparation surfaces with an inset stainless-steel sink, adjacent drainer, and chrome mixer tap, all complemented by a matching upstand surround. The kitchen is well-equipped with a range of cupboards and drawers below, housing integrated appliances such as a fridge freezer, dishwasher, and an electric oven with grill. A four-ring induction hob with an extractor fan above completes the setup, alongside additional wall-mounted cupboards for extra storage.

The utility room features rolled edge countertops with an inset stainless steel sink, adjacent drainer, and chrome mixer tap, complemented by an upstand surround. There is a cupboard beneath, along with appliance space and plumbing for both a washing machine and a separate tumble dryer. There is a wall-mounted Vaillant boiler, while a composite door provides access to the rear garden. Additional features include an electric extractor fan and a useful under-stairs storage cupboard.

The sitting room benefits from a dual aspect, featuring uPVC French doors that open to the rear garden.

Moving up to the first-floor galleried landing, you'll find doors leading to the bedrooms, family bathroom, and a handy over-stairs storage cupboard.

The master bedroom is a generously sized double, complete with built-in wardrobes for added convenience. It also benefits from an en-suite, featuring tiled flooring and a white suite that includes a pedestal wash hand basin with a chrome mixer tap, a low-level WC, and a shower unit with a chrome mains shower.

The second and third bedrooms are both doubles, with the fourth bedroom being a good sized single.

The family bathroom has decorative wooden panelling and tiled flooring and includes a pedestal wash hand basin with a chrome mixer tap, a low-level WC, and a bath with a chrome mixer tap, handheld shower head, and shower screen. There is also an electric extractor fan and an airing cupboard housing the hot water tank.

The rear of the property features a low-maintenance garden that includes a raised paved patio seating area, complete with a timber pergola. The garden is primarily gravelled, with raised timber planters and a selection of mature trees and well-established herbaceous borders, creating a peaceful and attractive outdoor space.

To the side of the property is a tarmac tandem driveway providing off-street parking, which leads to the tandem garage, which has power, lighting and an up and over door.

To view this property, please contact John German Ashbourne office.

Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Please note: It is quite common for some properties to have a Ring doorbell and internal recording devices.
Property construction: Standard
Parking: Drive & garage
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Gas
(Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: Fibre - See Ofcom link for speed:
Mobile signal/coverage: See Ofcom link
Local Authority/Tax Band: Derbyshire Dales District Council / Tax Band E
Useful Websites:

Our Ref: JGA/29082024

The property information provided by John German Estate Agents Ltd is based on enquiries made of the vendor and from information available in the public domain. If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property. Please note if your enquiry is of a legal or structural nature, we advise you to seek advice from a qualified professional in their relevant field.

We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof / source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property. We use the Checkboard app to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history. With effect from 1st March 2025 a non-refundable compliance fee of £30.00 inc. VAT per buyer / donor will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.

Agent Details

John German, Ashbourne

01335 218933

Next Steps?

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