4 Bed Detached House, Cash/Bridging Only, Ashbourne, DE6 5JZ, £340,000

Alms Road, Doveridge, DE6 5JZ - 4 views - 6 months ago

Cash
ROI: 2%
~106 m²
+14 photos

ValuationOvervalued

Sold Prices£172K - £667.5K
Sold Prices/m²£1.4K/m² - £4.9K/m²

 

 

Square Metres

~106.03 m²
Price/m²£3.2K/m²

Value Estimate

£271,872

 

 

End Value (After Refurb)

£296,778

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£25,200

Refurb Costs

£42,966

Bridging Loan Interest

£8,925

Total Cash In

£163,841

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£296,778

Mortgage (After Refinance)

£222,584

Mortgage LTV

75%

Cash Left In

£163,841

Equity

£74,195

Rent Range

£525 - £8,000

Rent Estimate

£1,588

Running Costs/mo

£1,265

Cashflow/mo

£323

Cashflow/yr

£3,876

ROI

2%

Gross Yield

6%

Local Sold Prices

40 sold prices from £172K to £667.5K, average is £305K. £1.4K/m² to £4.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£385K12/220.08 mi12, Cavendish Close, Doveridge, Ashbourne, Derbyshire DE6 5LB4
£565K12/200.09 miBransdale, Pump Lane, Doveridge, Ashbourne, Derbyshire DE6 5LX4
£330K03/210.12 mi6, High Street, Doveridge, Ashbourne, Derbyshire DE6 5NA4
£300K11/200.16 mi2, Maple Close, Doveridge, Ashbourne, Derbyshire DE6 5LU4
£400K07/210.17 miBrickwell House, Chapel Green, Doveridge, Ashbourne, Derbyshire DE6 5JY4
£600K06/230.2 mi9, Hall Lane, Doveridge, Ashbourne, Derbyshire DE6 5NQ4
£288.5K02/210.25 mi4, Lime Close, Doveridge, Ashbourne, Derbyshire DE6 5NR4
£667.5K04/210.27 mi2, Lower Street, Doveridge, Ashbourne, Derbyshire DE6 5NS4
£370K05/210.29 mi16, Lake Drive, Doveridge, Ashbourne, Derbyshire DE6 5NW4
£350K04/230.3 mi12, Oak Drive, Doveridge, Ashbourne, Derbyshire DE6 5NF4
£275K01/211.45 mi2, Russell Close, Uttoxeter, Staffordshire ST14 8HZ4
£280K01/231.53 mi19, Wilsford Avenue, Uttoxeter, Staffordshire ST14 8XG4
£270K11/201.58 mi5, Seagram Way, Uttoxeter, Staffordshire ST14 8XF4
£254K08/211.59 mi1, Arkle Close, Uttoxeter, Staffordshire ST14 8XH4
£244K12/201.59 mi8, Arkle Close, Uttoxeter, Staffordshire ST14 8XH4
£660K11/201.6 miWoodreeves, Wood Lane, Uttoxeter, Staffordshire ST14 8BE4
£200K12/221.62 mi47, Chamberlain Close, Uttoxeter, Staffordshire ST14 8ET4
£408K01/231.73 mi3, Highwood Road, Uttoxeter, Staffordshire ST14 8BQ4
£186K02/211.75 mi11, The Steeplechase, Uttoxeter, Staffordshire ST14 7JR4
£362.5K01/211.82 mi54b, Highwood Road, Uttoxeter, Staffordshire ST14 8BJ4
£545K03/241.82 miThe Old Coach House, Highwood Road, Uttoxeter, Staffordshire ST14 8BJ4
£390K06/211.84 mi7, Woodleighton Grove, Uttoxeter, Staffordshire ST14 8BX4
£172K05/211.84 mi113, Park Street, Uttoxeter, Staffordshire ST14 7AW4
£200K05/231.85 mi5, The Limes, Uttoxeter, Staffordshire ST14 7FA4
£485K12/231.86 mi2, Woodleighton Grove, Uttoxeter, Staffordshire ST14 8BX4
£250K01/211.89 mi40, Mellor Drive, Uttoxeter, Staffordshire ST14 7AL4
£253K02/211.89 mi19, Mellor Drive, Uttoxeter, Staffordshire ST14 7AL4
£475K07/231.89 mi7, Oakover Close, Uttoxeter, Staffordshire ST14 8XZ4
£370K12/201.89 mi15, Oakover Close, Uttoxeter, Staffordshire ST14 8XZ4
£380K08/231.9 mi8, Kynnersley Croft, Uttoxeter, Staffordshire ST14 7SH4
£270K10/231.93 mi94a, Carter Street, Uttoxeter, Staffordshire ST14 8DA4
£310K10/231.94 mi2, Greenfinch Close, Uttoxeter, Staffordshire ST14 8UB4
£277.5K05/211.95 mi2, Partridge Drive, Uttoxeter, Staffordshire ST14 8TY4
£260K03/211.95 mi20, Partridge Drive, Uttoxeter, Staffordshire ST14 8TY4
£258K04/211.95 mi45, Lark Rise, Uttoxeter, Staffordshire ST14 8SZ4
£245K02/211.97 mi10, Heath Road, Uttoxeter, Staffordshire ST14 7LT4
£370K12/201.97 mi32, Heath Road, Uttoxeter, Staffordshire ST14 7LT4
£300K01/211.98 mi1, Fairfield Road, Uttoxeter, Staffordshire ST14 7JY4
£400K02/211.98 mi18, Windmill Drive, Marchington, Uttoxeter, Staffordshire ST14 8JP4
£271K02/211.99 mi4, Chaffinch Drive, Uttoxeter, Staffordshire ST14 8UE4

Local Rents

37 rents from £525/mo to £8K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£77509/241.46 miDerby Road, Uttoxeter ST14 8EA2
£71509/241.62 mi-2
£79509/241.62 miChamberlain Close, Uttoxeter, Staffordshire, ST142
£75009/241.63 miChamberlain Close, Uttoxeter, ST14 8ET2
£8,00011/241.64 mi-12
£8,00009/241.64 mi-12
£6,00002/251.64 mi-12
£65009/241.67 miBridge Street, Uttoxeter ST14 8AP2
£6,50006/241.67 mi-12
£75009/241.74 miMarket Place, UTTOXETER2
£82002/251.76 mi-2
£80004/251.77 mi-2
£80009/241.77 miWharfe Close, Uttoxeter2
£1,08509/241.77 miHighwood Road, Uttoxeter, Staffordshire ST14 8BG3
£82509/241.78 miSpiceal Mews, Uttoxeter, ST14 8HT2
£72509/241.8 miHedley House, Uttoxeter2
£52509/241.87 miBalance Street, Uttoxeter1
£1,00008/241.88 mi-3
£80009/241.93 mi-3
£80009/241.93 mi-3
£80010/241.93 mi-3
£72509/241.93 mi-2
£82511/241.93 mi-2
£75009/241.95 mi-2
£79509/241.96 mi-2
£76509/241.97 miNew Street, Uttoxeter, Staffordshire ST14 7QS2
£79509/241.98 miLark Rise, Uttoxeter2
£71009/241.98 miStone Road, Uttoxeter2
£79509/242.08 miRobin Close, Uttoxeter2
£99509/242.14 miSorrel Close, Uttoxeter, Staffordshire ST14 8UP3
£70009/242.19 miWestlands Road, Uttoxeter ST14 8DJ3
£1,15007/242.2 mi-3
£1,10009/242.21 mi-3
£1,20008/242.22 mi-3
£1,45009/242.27 miHolly Road, Uttoxeter3
£1,80012/242.36 miAshbourne, Derbyshire5
£1,50009/242.45 miIvy Cottage, Bramshall, Uttoxeter3

Local Area Statistics

Population in DE6

25,599

Town centre distance

8.57 miles away

Nearest school

0.20 miles away

Nearest train station

1.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £340,000

October 22, 2024

Floor Plans

Description

  • Extended & deceptively spacious traditional cottage +
  • Heart of highly desirable village +
  • Walking distance to a range of amenities +
  • Rear garden enjoying privacy +
  • Fitted kitchen with integrated appliances +
  • Family bathroom with four piece suite +
  • Ample off road parking +
  • EPC rating D. Council tax band D +
  • 360 Virtual Tour Available +

Whether looking to move up or down the property ladder, viewing of this attractive family home is strongly recommended to appreciate its size and layout, condition and most noticeably its pleasant position that backs onto the village playing fields.

Located in the heart of the well regarded and highly sought after village, within easy walking distance to its range of amenities including the village shop and post office with adjoining coffee room, first school, The Cavendish Arms public house, sports club, village hall, tennis courts, bowling green and its picturesque church. Several walks through the surrounding countryside are also on the doorstep. The towns of Uttoxeter and Ashbourne are both in easy commutable distance and the nearby A50 dual carriageway links the M1 and M6 motorways plus the cities of Derby and Stoke-on-Trent.

A composite and part obscured double glazed entrance door opens to the welcoming hall, leading to the ground floor accommodation and having a door to the fitted guest cloakroom/WC which has a modern two piece suite.

The well equipped and impressive fitted kitchen has an extensive range of base and eye level units with fitted work surfaces and inset sink unit, fitted electric hob with an extractor over and oven under, plus integrated appliances including a dishwasher, washer/dryer and fridge freezer. An arch leads to the pleasant dining room which has a front facing window and a door leading to the stairs for the first floor.

To the rear is a generously sized lounge which extends to the full width of the cottage, having a focal chimney breast with a log burner set on a slabbed hearth. French doors and windows lead to the generously sized brick and uPVC double glazed conservatory providing further living space, enjoying a pleasant outlook over the garden with French doors opening to the patio.

To the first floor, the landing has stairs rising to the second floor plus a built in storage cupboard. Doors lead to the three bedrooms, two of which can accommodate a double bed and the superior fitted bathroom which has a modern four piece white suite incorporating both a panelled spa bath and a separate double shower cubicle.

To the second floor, the landing has a door opening to the master double bedroom with fitted wardrobes to one side in the eaves, plus a further storage cupboard and dual aspect windows provide an abundance of natural light. A door leads to the en suite toilet room which has a modern white two piece suite with tiled splashbacks and further storage in the eaves.

Outside to the rear, a block paved patio provides a lovely entertaining area leading to the garden which is mainly laid to lawn with borders enjoying a good degree of privacy and a further decked seating area. Gates lead to the front and also direct access to the playing fields. To the side of the cottage is an extremely useful timber constructed shed which has doors to both the front and side elevations.

To the front is a block paved driveway providing ample parking for several vehicles.

What3words: appealing.stylists.beak

To view this fantastic village home, please contact John German Uttoxeter office.

Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Services: Oil fired central heating. Mains water, drainage and electricity are believed to be connected to the property but purchasers are advised to satisfy themselves as to their suitability.
Useful Websites:
Our Ref: JGA/24052023
Local Authority/Tax Band: Derbyshire Dales District Council / Tax Band D

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, Uttoxeter

01889 228480

Next Steps?

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