4 Bed Detached House, Refurb/BRRR, Ashbourne, DE6 5HA, £565,000

Stubby Lane, Draycott in the Clay, Derby, DE6 5HA - 3 months ago

Refurb/BRRR
~203 m²
+20 photos

ValuationFair Value

Sold Prices£225K - £827.5K
Sold Prices/m²£2K/m² - £3.3K/m²

 

 

Square Metres

~203.27 m²
Price/m²£2.8K/m²

Value Estimate

£570,650

 

 

End Value (After Refurb)

£572,407

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£141,250

Stamp Duty & Legal Fees

£47,700

Refurb Costs

£82,369

Bridging Loan Interest

£14,831

Total Cash In

£287,901

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£572,407

Mortgage (After Refinance)

£429,305

Mortgage LTV

75%

Cash Released

£5,555

Cash Left In

£282,345

Equity

£143,102

Rent Range

£720 - £1,400

Rent Estimate

£1,060

Running Costs/mo

£2,021

Cashflow/mo

£-961

Cashflow/yr

£-11,529

Gross Yield

2%

Local Sold Prices

16 sold prices from £225K to £827.5K, average is £377.5K. £2K/m² to £3.3K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£225K04/230.15 mi1, New Row, Draycott In The Clay, Ashbourne, Staffordshire DE6 5GZ4
£380K11/210.18 mi2, Swan Road, Draycott In The Clay, Ashbourne, Staffordshire DE6 5GW4
£260K01/210.22 mi12, Gypsum Way, Draycott In The Clay, Ashbourne, Staffordshire DE6 5HF4
£375K06/210.22 mi2, Swan Road, Draycott In The Clay, Ashbourne, Staffordshire DE6 5GW4
£375K06/210.22 mi2, Swan Road, Draycott In The Clay, Ashbourne, Staffordshire DE6 5GW4
£590K04/230.5 miYew Tree Cottage, Tobys Hill, Draycott In The Clay, Ashbourne, Staffordshire DE6 5BT4
£827.5K12/220.53 mi68, Stubby Lane, Draycott In The Clay, Ashbourne, Staffordshire DE6 5BU4
£550K07/231.07 miSt. Werburghs House, Wood Lane, Hanbury, Burton-on-trent, Staffordshire DE13 8TG4
£375K09/231.91 mi16, Jacks Lane, Marchington, Uttoxeter, Staffordshire ST14 8LW4
£361.5K09/231.91 mi38, Jacks Lane, Marchington, Uttoxeter, Staffordshire ST14 8LW4
£345K11/201.91 mi32, Jacks Lane, Marchington, Uttoxeter, Staffordshire ST14 8LW4
£467.5K06/211.95 miEast View, The Grange, High Street, Marchington, Uttoxeter, Staffordshire ST14 8LD4
£360K06/211.99 mi32, Woodland Views, Marchington, Uttoxeter, Staffordshire ST14 8NF4
£400K02/212.21 mi18, Windmill Drive, Marchington, Uttoxeter, Staffordshire ST14 8JP4
£535K04/212.25 mi10, Squirrels Corner, Newborough, Burton-on-trent, Staffordshire DE13 8SA4
£490K09/232.71 miElwood P Dowd, Leathersley Lane, Scropton, Derby, Derbyshire DE65 5PN4

Local Rents

2 rents from £720/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.17 miPipehay Lane, Draycott-in-the-Clay3
£72002/252.44 mi-2

Local Area Statistics

Population in DE6

25,599

Town centre distance

11.36 miles away

Nearest school

0.20 miles away

Nearest train station

3.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £565,000

January 16, 2025

Floor Plans

Description

  • Impressive Bespoke Detached Home +
  • Highly Regarded Residential Location +
  • Fabulous Open Countryside Views To Rear +
  • Upvc Double Glazing & Oil Fired Central Heating +
  • High Quality Construction +
  • In Need Of Some Up-Grading & Improvement +
  • Sweeping Driveway & Double Garage +
  • Landscaped Gardens +
  • Viewing A Must To Fully Appreciate +

Newton Fallowell is pleased to offer for sale this individual detached family home which occupies a village position and has the advantage of fabulous views over open countryside.  The home is of sizeable proportions and, whilst in need of some improvement, offers accommodation which in brief comprises: - fabulous entrance hall, guest cloak room, through lounge, separate dining room, study/bedroom five and open plan dining kitchen and conservatory.  On the first floor a large, impressive landing leads to four well-proportioned bedrooms, most having built-in wardrobes. The master bedroom has an en-suite shower room and there is also a good-sized family bathroom.  Outside a sweeping driveway provides ample parking and leads to an attached double garage. To the rear is a completely walled garden. EPC rating: E. Tenure: Freehold,

Agent Details

Newton Fallowell, Burton on Trent

01283 243772

Next Steps?

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