4 Bed Detached House, Cash/Bridging Only, Ashbourne, DE6 5NS, £460,000

Lower Street, Doveridge, Ashbourne, DE6 5NS - 1 views - 2 months ago

Auction
Cash
ROI: 1%
~129 m²
+3 photos

ValuationOvervalued

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

 

 

Square Metres

~129.26 m²
Price/m²£3.6K/m²

Value Estimate

£330,760

 

 

End Value (After Refurb)

£372,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£115,000

Stamp Duty & Legal Fees

£25,500

Refurb Costs

£52,378

Bridging Loan Interest

£12,075

Total Cash In

£206,703

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£372,000

Mortgage (After Refinance)

£279,000

Mortgage LTV

75%

Cash Left In

£206,703

Equity

£93,000

Rent Range

£525 - £8,000

Rent Estimate

£1,588

Running Costs/mo

£1,500

Cashflow/mo

£88

Cashflow/yr

£1,055

ROI

1%

Gross Yield

4%

Local Sold Prices

50 sold prices from £172K to £667.5K, average is £330.5K. £1.4K/m² to £4.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£667.5K04/210 mi2, Lower Street, Doveridge, Ashbourne, Derbyshire DE6 5NS4
£570K10/200 miRyecroft, Lower Street, Doveridge, Ashbourne, Derbyshire DE6 5NS4
£565K12/200.21 miBransdale, Pump Lane, Doveridge, Ashbourne, Derbyshire DE6 5LX4
£400K07/210.23 miBrickwell House, Chapel Green, Doveridge, Ashbourne, Derbyshire DE6 5JY4
£600K06/230.25 mi9, Hall Lane, Doveridge, Ashbourne, Derbyshire DE6 5NQ4
£330K03/210.28 mi6, High Street, Doveridge, Ashbourne, Derbyshire DE6 5NA4
£288.5K02/210.28 mi4, Lime Close, Doveridge, Ashbourne, Derbyshire DE6 5NR4
£385K12/220.31 mi12, Cavendish Close, Doveridge, Ashbourne, Derbyshire DE6 5LB4
£300K11/200.4 mi2, Maple Close, Doveridge, Ashbourne, Derbyshire DE6 5LU4
£370K05/210.43 mi16, Lake Drive, Doveridge, Ashbourne, Derbyshire DE6 5NW4
£350K04/230.47 mi12, Oak Drive, Doveridge, Ashbourne, Derbyshire DE6 5NF4
£275K01/211.45 mi2, Russell Close, Uttoxeter, Staffordshire ST14 8HZ4
£280K01/231.46 mi19, Wilsford Avenue, Uttoxeter, Staffordshire ST14 8XG4
£660K11/201.49 miWoodreeves, Wood Lane, Uttoxeter, Staffordshire ST14 8BE4
£270K11/201.5 mi5, Seagram Way, Uttoxeter, Staffordshire ST14 8XF4
£254K08/211.52 mi1, Arkle Close, Uttoxeter, Staffordshire ST14 8XH4
£244K12/201.52 mi8, Arkle Close, Uttoxeter, Staffordshire ST14 8XH4
£200K12/221.57 mi47, Chamberlain Close, Uttoxeter, Staffordshire ST14 8ET4
£408K01/231.62 mi3, Highwood Road, Uttoxeter, Staffordshire ST14 8BQ4
£362.5K01/211.7 mi54b, Highwood Road, Uttoxeter, Staffordshire ST14 8BJ4
£545K03/241.7 miThe Old Coach House, Highwood Road, Uttoxeter, Staffordshire ST14 8BJ4
£390K06/211.72 mi7, Woodleighton Grove, Uttoxeter, Staffordshire ST14 8BX4
£400K02/211.73 mi18, Windmill Drive, Marchington, Uttoxeter, Staffordshire ST14 8JP4
£186K02/211.74 mi11, The Steeplechase, Uttoxeter, Staffordshire ST14 7JR4
£485K12/231.74 mi2, Woodleighton Grove, Uttoxeter, Staffordshire ST14 8BX4
£475K07/231.77 mi7, Oakover Close, Uttoxeter, Staffordshire ST14 8XZ4
£370K12/201.77 mi15, Oakover Close, Uttoxeter, Staffordshire ST14 8XZ4
£310K10/231.83 mi2, Greenfinch Close, Uttoxeter, Staffordshire ST14 8UB4
£277.5K05/211.84 mi2, Partridge Drive, Uttoxeter, Staffordshire ST14 8TY4
£260K03/211.84 mi20, Partridge Drive, Uttoxeter, Staffordshire ST14 8TY4
£258K04/211.87 mi45, Lark Rise, Uttoxeter, Staffordshire ST14 8SZ4
£200K05/231.88 mi5, The Limes, Uttoxeter, Staffordshire ST14 7FA4
£270K10/231.88 mi94a, Carter Street, Uttoxeter, Staffordshire ST14 8DA4
£271K02/211.88 mi4, Chaffinch Drive, Uttoxeter, Staffordshire ST14 8UE4
£172K05/211.9 mi113, Park Street, Uttoxeter, Staffordshire ST14 7AW4
£235K10/201.9 mi6, Lark Rise, Uttoxeter, Staffordshire ST14 8SZ4
£380K12/231.9 mi43, Demontfort Way, Uttoxeter, Staffordshire ST14 8XY4
£425K10/201.9 mi55, Demontfort Way, Uttoxeter, Staffordshire ST14 8XY4
£331K09/211.9 mi54, Demontfort Way, Uttoxeter, Staffordshire ST14 8XY4
£380K08/231.92 mi8, Kynnersley Croft, Uttoxeter, Staffordshire ST14 7SH4
£250K01/211.93 mi40, Mellor Drive, Uttoxeter, Staffordshire ST14 7AL4
£253K02/211.93 mi19, Mellor Drive, Uttoxeter, Staffordshire ST14 7AL4
£273.5K12/201.94 mi2, Brooklands Close, Uttoxeter, Staffordshire ST14 8UH4
£350K06/211.95 mi5, Brooklands Close, Uttoxeter, Staffordshire ST14 8UH4
£300K01/211.96 mi1, Fairfield Road, Uttoxeter, Staffordshire ST14 7JY4
£262K03/211.96 mi19, Sandpiper Drive, Uttoxeter, Staffordshire ST14 8TA4
£360K06/211.97 mi32, Woodland Views, Marchington, Uttoxeter, Staffordshire ST14 8NF4
£467.5K06/211.98 miEast View, The Grange, High Street, Marchington, Uttoxeter, Staffordshire ST14 8LD4
£245K02/211.99 mi10, Heath Road, Uttoxeter, Staffordshire ST14 7LT4
£370K12/201.99 mi32, Heath Road, Uttoxeter, Staffordshire ST14 7LT4

Local Rents

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

RentDateDistanceAddressBeds 
£77509/241.47 miDerby Road, Uttoxeter ST14 8EA2
£71509/241.57 mi-2
£79509/241.57 miChamberlain Close, Uttoxeter, Staffordshire, ST142
£75009/241.59 miChamberlain Close, Uttoxeter, ST14 8ET2
£8,00011/241.59 mi-12
£8,00009/241.59 mi-12
£6,00003/251.59 mi-12
£65009/241.61 miBridge Street, Uttoxeter ST14 8AP2
£6,50006/241.62 mi-12
£1,08509/241.66 miHighwood Road, Uttoxeter, Staffordshire ST14 8BG3
£75009/241.7 miMarket Place, UTTOXETER2
£82509/241.73 miSpiceal Mews, Uttoxeter, ST14 8HT2
£82003/251.77 mi-2
£72509/241.77 miHedley House, Uttoxeter2
£80004/241.78 mi-2
£80009/241.78 miWharfe Close, Uttoxeter2
£52509/241.81 miBalance Street, Uttoxeter1
£80009/241.84 mi-3
£80009/241.84 mi-3
£80010/241.84 mi-3
£1,00008/241.84 mi-3
£79509/241.87 mi-2
£79509/241.9 miLark Rise, Uttoxeter2
£72509/241.91 mi-2
£82511/241.91 mi-2
£75009/241.93 mi-2
£71009/241.94 miStone Road, Uttoxeter2
£76509/241.95 miNew Street, Uttoxeter, Staffordshire ST14 7QS2
£79509/241.98 miRobin Close, Uttoxeter2
£99509/242.03 miSorrel Close, Uttoxeter, Staffordshire ST14 8UP3
£70009/242.11 miWestlands Road, Uttoxeter ST14 8DJ3
£1,15007/242.26 mi-3
£1,10009/242.26 mi-3
£1,20008/242.27 mi-3
£1,80012/242.27 miAshbourne, Derbyshire5
£1,45009/242.28 miHolly Road, Uttoxeter3
£1,50009/242.43 miIvy Cottage, Bramshall, Uttoxeter3

Local Area Statistics

Population in DE6

25,599

Town centre distance

8.82 miles away

Nearest school

0.20 miles away

Nearest train station

1.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £460,000

January 28, 2025

Description

  • FOR SALE BY TRADITIONAL AUCTION +
  • Village Location. Detached Family Home. +
  • Four Bedrooms. Family Bathroom. +
  • Lounge. Dining Room. Kitchen. Lean-To. +
  • Gardens. Garage. Driveway. +

SUMMARY
OPEN HOUSE - Saturday 8th February, contact us for details.

FOR SALE VIA BAGSHAWS RESIDENTIAL AUCTIONS IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS TUESDAY 11TH MARCH 2025 at 9:30am

DESCRIPTION
Situated in the sought after village of Doveridge is this detached family home with land offered for sale through auction. Viewing is highly recommended to appreciate the size of the plot and accommodation on offer. The village of Doveridge benefits from a first school, village hall, pub restaurant and also a post office/shop incorporating a coffee house and there is easy access to the A50 with its M1 and M6 links and also to the market towns of Uttoxeter and Ashbourne. Uttoxeter boasts good sports and leisure facilities, the famous Racecourse and a local railway station and its an easy commute to the towns of Stoke, Stafford and Derby. In brief the accommodation comprises on the ground floor: lounge, dining room, kitchen, guest cloakroom, lean to and to the first floor: four bedrooms and a family bathroom. Externally there is a driveway leading to the garage, separate designated off road parking and gardens to the front, side and rear.

Entrance Door: 
Leading into:

Entrance Hallway: 
Having a central heating radiator; timber flooring; stairs to the first floor accommodation; doors leading into:

Lounge: 16' 10" into recess x 14' ( 5.13m into recess x 4.27m )
Having double glazed windows to the front and rear; brick feature fireplace housing log burner; a central heating radiator; wall lights.

Dining Room: 14' x 11' 4" Into recess ( 4.27m x 3.45m Into recess )
Having double glazed window to the front; feature fireplace; a central heating radiator.

Guest Cloakroom: 
Having steps down from entrance hallway; double glazed window to the side; a central heating radiator; w.c: wash vanity unit.

Kitchen: 17' 4" x 14' 1" ( 5.28m x 4.29m )
Having vinyl flooring; panty with double glazed window to the side; two central heating radiators; stainless steel sink and drainer set in a base unit; further base units all with work surface above; a range of matching eye level and drawer units; cooker hood; room for dishwasher; two double glazed windows to the side; French Upvc doors to the side; room for fridge freezer; room for cooker.

Lean To: 18' 3" x 6' 3" ( 5.56m x 1.91m )
Having a brick log store; timber door to the front; base units; plumbing for washing machine/dryer.

Stairs From Entrance Hallway: 
Leading into:

First Floor Landing: 
Having a central heating radiator; two double glazed windows to the side elevation; loft access; cupboard; doors off to:

Bedroom One: 14' x 13' 5" Into recess ( 4.27m x 4.09m Into recess )
Having a central heating radiator; double glazed window to the front elevation.

Bedroom Two: 13' 11" x 11' 4" Into recess ( 4.24m x 3.45m Into recess )
Having a central heating radiator; double glazed window to the front elevation; wardrobe with double glazed window to the front elevation.

Bedroom Three: 13' 10" x 7' 10" ( 4.22m x 2.39m )
Having a central heating radiator; two double glazed windows to the side elevation; cupboard; loft access.

Bedroom Four: 10' 8" x 5' 2" ( 3.25m x 1.57m )
Having double glazed window to the side elevation; a central heating radiator; wardrobe.

Family Bathroom: 
Having vinyl flooring; w.c: wash hand basin; double glazed window to the side elevation; bath with overhead electric shower; cupboard.

Gardens: 
To the front there is a separate parking area, the driveway provides off road parking leading to the garage. There front garden is predominantly laid to lawn with timber gate; hedge and timber boundaries; patio area. To the rear of the property there is a separate large garden with development potential at approximately 0.7 acres (not verified) accessed via a timber gate; trees; plantings; central heating boiler; oil tank.

Detached Garage: 
Single detached garage with barn style doors to the front.

Please Note: 
It is our understanding that the Property is not registered at the Land Registry which is the case with a
significant proportion of land across England and Wales. Your Conveyancer will take the necessary
steps and advise you accordingly.

Photographs may have been taken using a wide angle lens.

 
FOR SALE VIA THE MIDLANDS AUCTION CENTRE IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS TUESDAY 11TH MARCH 2025 AT 9.00AM AT THE DE VERE GRAND CONNAUGHT ROOMS, 61-65 GREAT QUEEN STREET, COVENT GARDENS, LONDON WC2B 5DA. YOU CAN ALSO REGISTER FOR ONLINE BIDDING.

Conditions Of Sale: 
The Conditions of Sale will be deposited at the offices of the auctioneers and vendor's solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of the same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Health & Safety Advice for Property Viewers.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at lots, we have not carried out a detailed Health & Safety inspection of the lots in our auction and cannot therefore guarantee the safety and security of viewers. All persons attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All unaccompanied inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers' risk.

Guide And Reserve Prices: 
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Note: 
The auctioneers offer four ways to bid including internet, telephone, proxy, and live room bidding. Prospective purchasers will need to register to bid and pay a holding deposit before the sale commences by registering at Barnard Marcus Auctions website. We do not take credit card or cash deposits. The sale of each lot is subject to a documentation charge of £1,500 (including vat) payable on the fall of the hammer.
Guidance notes are set out in the catalogue in relation to auction lots, particularly from a purchasing perspective.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Bagshaws Residential, Uttoxeter

01889 227304

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪