3 Bed Semi-Detached House, Cash/Bridging Only, Ashbourne, DE6 1FY, £240,000

Brookside, Ashbourne, DE6 1FY - 2 months ago

Sold STC
Cash
ROI: 1%
~87 m²
+9 photos

ValuationOvervalued

Sold Prices£145K - £435K
Sold Prices/m²£1.6K/m² - £5K/m²

 

 

Square Metres

~86.61 m²
Price/m²£2.8K/m²

Value Estimate

£229,413

 

 

End Value (After Refurb)

£222,540

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Refurb Costs

£35,096

Bridging Loan Interest

£6,300

Total Cash In

£118,646

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£222,540

Mortgage (After Refinance)

£166,905

Mortgage LTV

75%

Cash Left In

£118,646

Equity

£55,635

Rent Range

£550 - £3,500

Rent Estimate

£963

Running Costs/mo

£908

Cashflow/mo

£55

Cashflow/yr

£660

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £145K to £435K, average is £237.5K. £1.6K/m² to £5K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£165K07/220.05 mi17, Brookside, Ashbourne, Derbyshire DE6 1FY3
£222.5K10/220.05 mi76, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£189.5K10/200.05 mi60, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£310K03/210.05 mi112a, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£195K01/210.1 mi13, Beresford Avenue, Ashbourne, Derbyshire DE6 1FW3
£205K06/210.13 mi15, Walton Crescent, Ashbourne, Derbyshire DE6 1FZ3
£145K10/200.17 mi62, Belper Road, Ashbourne, Derbyshire DE6 1BD3
£315K12/200.25 mi40, Belper Road, Ashbourne, Derbyshire DE6 1BB3
£240K09/210.29 mi8, Manifold Avenue, Ashbourne, Derbyshire DE6 1FR3
£185K06/230.29 mi32, Park Avenue, Ashbourne, Derbyshire DE6 1GA3
£178K10/200.29 mi49, St Oswalds Crescent, Ashbourne, Derbyshire DE6 1FS3
£220K03/230.29 mi68, St Oswalds Crescent, Ashbourne, Derbyshire DE6 1FS3
£165K12/200.31 mi50, Belper Road, Ashbourne, Derbyshire DE6 1BB3
£435K02/210.31 mi1, Blore Close, Ashbourne, Derbyshire DE6 1SS3
£220K12/220.33 mi6, Park Avenue, Ashbourne, Derbyshire DE6 1GA3
£194K01/210.36 mi28, Cavendish Drive, Ashbourne, Derbyshire DE6 1SR3
£257K03/210.39 mi38, Derby Road, Ashbourne, Derbyshire DE6 1BH3
£235K08/210.39 mi79, Derby Road, Ashbourne, Derbyshire DE6 1BH3
£345K01/230.39 mi38, Derby Road, Ashbourne, Derbyshire DE6 1BH3
£281.5K09/210.41 mi4, Stanton Road, Ashbourne, Derbyshire DE6 1SH3
£338K01/210.41 mi33, Peak View Drive, Ashbourne, Derbyshire DE6 1BR3
£255K05/210.42 mi26, Springfield Avenue, Ashbourne, Derbyshire DE6 1BJ3
£230K06/210.42 mi12, Springfield Avenue, Ashbourne, Derbyshire DE6 1BJ3
£245K12/210.43 mi9, Thorpe View, Ashbourne, Derbyshire DE6 1SY3
£300K05/210.44 mi8, Mumford Drive, Ashbourne, Derbyshire DE6 1BQ3
£228.5K05/210.44 mi4, Handel Mews, Ashbourne, Derbyshire DE6 1SQ3
£260K03/210.45 mi3, Park Road, Ashbourne, Derbyshire DE6 1FN3
£290K01/210.46 mi28, Lambourne Avenue, Ashbourne, Derbyshire DE6 1BP3
£190K07/230.49 mi22, Derby Road, Ashbourne, Derbyshire DE6 1BE3
£250K03/210.49 mi5, Sturston Road, Ashbourne, Derbyshire DE6 1BA3
£235K09/210.5 mi17, Thornley Place, Ashbourne, Derbyshire DE6 1PQ3
£405K06/210.5 mi15, Old Derby Road, Ashbourne, Derbyshire DE6 1BN3
£425K05/230.51 mi98, The Green Road, Ashbourne, Derbyshire DE6 1EE3
£303.5K03/210.53 mi1, Derwent Gardens, Ashbourne, Derbyshire DE6 1DJ3
£167K04/210.53 mi7, Boothby Avenue, Ashbourne, Derbyshire DE6 1EL3
£167K04/210.53 mi7, Boothby Avenue, Ashbourne, Derbyshire DE6 1EL3
£167K04/210.53 mi7, Boothby Avenue, Ashbourne, Derbyshire DE6 1EL3
£196.3K10/220.54 mi11, Old Hill, Ashbourne, Derbyshire DE6 1BL3
£288K09/210.57 mi39, South Street, Ashbourne, Derbyshire DE6 1DP3
£370K02/230.58 mi11, The Green Road, Ashbourne, Derbyshire DE6 1ED3
£300K05/230.58 mi16, The Green Road, Ashbourne, Derbyshire DE6 1ED3
£280K04/210.58 mi11, Spencer Close, Ashbourne, Derbyshire DE6 1BU3
£240K05/230.6 mi18, Lower Pingle Road, Ashbourne, Derbyshire DE6 1TE3
£170K06/210.61 mi10, King Street, Ashbourne, Derbyshire DE6 1EA3
£165K06/210.63 mi31, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£225K06/210.63 mi27, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£217.5K07/210.63 mi2, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£250K08/230.63 mi101, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£280K11/200.63 mi17, Duncombe Drive, Ashbourne, Derbyshire DE6 1LJ3
£332.5K06/230.64 mi2, Offcote Crescent, Ashbourne, Derbyshire DE6 1RW3

Local Rents

31 rents from £550/mo to £3.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£59512/240.31 miSellers Yard, Derby Road, Ashbourne3
£89512/240.31 miBelper Road, Ashbourne, Derbyshire3
£60412/240.43 miLathkill Drive, ASHBOURNE2
£90012/240.43 mi-3
£82512/240.46 miTaylor Court, Sturston Road, Ashbourne2
£79512/240.47 miTaylor Court, Ashbourne, Derbyshire, DE62
£55012/240.48 miShawcroft, Ashbourne1
£2,30012/240.49 miDerby Road, Ashbourne, Derbyshire, DE65
£85012/240.51 miCompton, Ashbourne DE6 1DA2
£90012/240.51 miThe Green Road, Ashbourne3
£72512/240.53 miThe Plough, Old Hill, Ashbourne, Derbyshire2
£1,20012/240.55 miKing Edward Street, Ashbourne DE6 1BW2
£92512/240.55 miKing Edward Street, Ashbourne DE6 1BW1
£95012/240.55 miOld Boothby Farm, The Green Road, Ashbourne DE6 1EE3
£85012/240.56 miSt. John Street, Ashbourne2
£90012/240.56 miSt. John Street, Ashbourne2
£77512/240.56 miSt. John Street, Ashbourne2
£70012/240.56 miSt. John Street, Ashbourne1
£55012/240.58 miTown Hall Yard, Ashbourne, Derbyshire1
£88012/240.62 miKing Street, Ashbourne DE6 1EA2
£95012/240.65 miThe Hayloft, Old Boothby Farm, Ashbourne3
£87512/240.69 miBarton Drive, ASHBOURNE, Derbyshire, DE62
£97512/240.71 miCherry Tree Court, North Leys, Ashbourne DE6 1DQ3
£1,10002/240.73 mi-2
£79512/240.77 miQueen Elizabeth Court, Belle Vue Road, Ashbourne2
£83512/240.78 miSt. Monicas Way, Tissington Court, Windmill Lane, Ashbourne, Derbyshire, DE62
£69512/240.95 miBernard Gadsby Close, Ashbourne2
£72502/241.01 mi-3
£3,50012/241.09 miPool Close Farm, Sandybrook, Ashbourne, DE66
£1,00012/241.43 miYeldersley, Ashbourne3
£72512/242.2 miMayfield Avenue, Mayfield, Ashbourne DE63

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.50 miles away

Nearest school

0.40 miles away

Nearest train station

9.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £240,000

February 7, 2025

Floor Plans

Description

  • Ideal first home +
  • Walking distance of town, parks & schools +
  • Spacious rear garden +
  • Garden room +
  • Double drive +
  • High gloss dining kitchen +
  • Sitting room with log burner +
  • EPC rating C. Council tax band C +
  • VIRTUAL 360 TOUR AVAILABLE +

Situated within easy walking distance of Ashbourne town centre, this three-bedroom semi-detached property offers an excellent opportunity for first-time buyers or couples looking for a well-located home. The property benefits from a spacious driveway providing off-street parking, along with a generous rear garden. Inside, the accommodation includes a comfortable sitting room featuring a log burner and a well-proportioned dining kitchen. The ground floor is further complemented by a garden room, offering additional flexible living space with views over the garden. Upstairs, there are three bedrooms and a family bathroom. The location ensures convenient access to local amenities, parks, and schools, making it well-suited for those seeking a home with both comfort and convenience.

Entering the property, the hallway provides access to the dining kitchen and sitting room, with a staircase leading to the first floor.

The sitting room is generously proportioned and features a multi-fuel burner set within a stone fireplace and hearth, creating a central focal point. uPVC French doors open into the garden room.

The dining kitchen is well-equipped with ample preparation surfaces, incorporating a composite 1½ sink with a chrome mixer tap. There is a range of cupboards and drawers beneath, complemented by matching wall-mounted units. Integrated appliances include an electric oven, grill and microwave along with a five-ring gas hob and extractor fan. There is also appliance space and plumbing for a washing machine and an American-style fridge freezer. A useful understairs cupboard provides additional storage.

The garden room offers a versatile space that could be used as a study, gym, studio, or playroom. It features uPVC double-glazed windows and a door leading out to the rear garden.

On the first floor, the landing provides access to all bedrooms and the family bathroom. Bedroom one is a spacious double, benefiting from a built-in cupboard housing the Ideal combination boiler. Bedroom two is also a well-proportioned double, featuring a useful overstairs storage cupboard. Bedroom three is a good-sized single, offering flexibility for use as a study or nursery if desired. The family bathroom comprises a pedestal wash hand basin, a low-level WC and a bath with a chrome mains shower.

Externally, the front of the property features a spacious tarmac driveway, providing off-street parking for multiple vehicles. The rear garden is well-presented, with a lawn, a timber decking area, and a garden shed. A raised patio seating area at the foot of the garden provides an ideal space for outdoor relaxation.

Note: There are covenants appertaining to this property, a copy of the Land Registry Title is available to view upon request.
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: Off road
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Mains gas
(Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: Fibre to the cabinet
See Ofcom link for speed:
Mobile signal/coverage: See Ofcom link
Local Authority/Tax Band: Derbyshire Dales District Council / Tax Band C
Useful Websites:
Our Ref: JGA/07022025
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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