4 Bed Detached House, Cash/Bridging Only, Ashbourne, DE6 5GW, £435,000

Swan Road, Draycott-in-the-clay, DE6 5GW - 2 months ago

Cash
ROI: 1%
~129 m²
+23 photos

ValuationOvervalued

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

 

 

Square Metres

~129.26 m²
Price/m²£3.4K/m²

Value Estimate

£362,573

 

 

End Value (After Refurb)

£377,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£108,750

Stamp Duty & Legal Fees

£23,500

Refurb Costs

£52,378

Bridging Loan Interest

£11,419

Total Cash In

£197,796

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£377,500

Mortgage (After Refinance)

£283,125

Mortgage LTV

75%

Cash Left In

£197,796

Equity

£94,375

Rent Range

£720 - £2,750

Rent Estimate

£1,623

Running Costs/mo

£1,524

Cashflow/mo

£99

Cashflow/yr

£1,185

ROI

1%

Gross Yield

4%

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 
£375K06/210.01 mi2, Swan Road, Draycott In The Clay, Ashbourne, Staffordshire DE6 5GW4
£375K06/210.01 mi2, Swan Road, Draycott In The Clay, Ashbourne, Staffordshire DE6 5GW4
£260K01/210.04 mi12, Gypsum Way, Draycott In The Clay, Ashbourne, Staffordshire DE6 5HF4
£380K11/210.06 mi2, Swan Road, Draycott In The Clay, Ashbourne, Staffordshire DE6 5GW4
£225K04/230.1 mi1, New Row, Draycott In The Clay, Ashbourne, Staffordshire DE6 5GZ4
£590K04/230.33 miYew Tree Cottage, Tobys Hill, Draycott In The Clay, Ashbourne, Staffordshire DE6 5BT4
£827.5K12/220.58 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
£375K09/231.9 mi16, Jacks Lane, Marchington, Uttoxeter, Staffordshire ST14 8LW4
£361.5K09/231.9 mi38, Jacks Lane, Marchington, Uttoxeter, Staffordshire ST14 8LW4
£345K11/201.9 mi32, Jacks Lane, Marchington, Uttoxeter, Staffordshire ST14 8LW4
£467.5K06/211.92 miEast View, The Grange, High Street, Marchington, Uttoxeter, Staffordshire ST14 8LD4
£360K06/211.97 mi32, Woodland Views, Marchington, Uttoxeter, Staffordshire ST14 8NF4
£400K02/212.19 mi18, Windmill Drive, Marchington, Uttoxeter, Staffordshire ST14 8JP4
£535K04/212.47 mi10, Squirrels Corner, Newborough, Burton-on-trent, Staffordshire DE13 8SA4
£490K09/232.5 miElwood P Dowd, Leathersley Lane, Scropton, Derby, Derbyshire DE65 5PN4

Local Rents

3 rents from £720/mo to £2.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.2 miPipehay Lane, Draycott-in-the-Clay3
£72002/252.28 mi-2
£2,75012/242.33 miRiverside Farm, Brook Lane, Scropton DE65 5PN6

Local Area Statistics

Population in DE6

25,599

Town centre distance

11.16 miles away

Nearest school

0.20 miles away

Nearest train station

3.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £435,000

February 17, 2025

Floor Plans

Description

  • Four Bedroom Detached Family Home +
  • Stunning Open Living Room / Diner +
  • Driveway and Garage for Off Road Parking +
  • En Suite to Master Bedroom +
  • Field Views to the Fore +
  • Wonderful Village Location in Draycott in the clay +
  • Close to Local Amenities +
  • EPC rating TBC / Council tax band E +
  • VIRTUAL 360 TOUR AVAILABLE +

The property is located in the charming village of Draycott in the Clay, a peaceful rural community offering a blend of countryside living with convenient amenities. The village features a traditional pub, a primary school, and a village hall hosting local events. For everyday essentials, there is a post office and local convenience stores nearby. Families benefit from excellent schooling options, with St. Augustine's CE Primary School in the village and Thomas Alleyne's High School in Uttoxeter serving older students. Nearby, the market town of Uttoxeter provides an extensive range of shops, supermarkets, restaurants, and leisure facilities, including a cinema and the famous Uttoxeter Racecourse.

Set well back from the road behind an expansive block paved driveway, the home enjoys off road parking for multiple vehicles. The driveway leads down to the garage, which is accessed via electric roller door to the front. The garage has power and lighting throughout.

The home opens into a great size hallway, which gives access to the main living areas of the home and stairs leading to the first floor. The downstairs w/c is also located off the hallway. To the left of the hallway, the property has a study, which is very versatile in its use and alternatively could be used as a playroom, separate living room etc. One of the real showstoppers of Swan Road is the beautiful open plan lounge / diner across the rear of the home. This space was previously two separate rooms, the sellers have created a brilliant living room to entertain with a log burner heating up the room nicely. Off the living room, you will find the conservatory, which is again, another versatile space. The conservatory has an external door leading to the garden. To finish the ground floor accommodation, the property has a fitted kitchen which includes matching wall and base units, stainless steel sink and drainer, Falcon dual range cooker with cooker hood above, two integrated fridges, tiled flooring and external door leading to the driveway. The utility room is conveniently located off the kitchen and offers space for tumble dryer, plumbing for washing machine and stainless steel sink and drainer.

To the first floor, this property boasts generous accommodation, with all four bedrooms being big enough to fit a double bed and ample bedroom furniture. The pick of the four bedrooms is the master bedroom, with built in double wardrobes and access to its own en suite. The en suite has a shower enclosure, w/c, bidet and wash hand basin. The bedrooms at the front of the property also enjoy wonderful field views, of neighbouring fields. The other three bedrooms then share a family bathroom. The family bathroom has a bath with shower over, wash hand basin and w/c.

The sellers have landscaped the garden over their time in the property and have created a beautiful space to relax and entertain. Having a block paved area for outdoor furniture, a pond big enough to home several koi carp and a further lawned area with planted sleeper bed borders to the side and the rear. When you're in the garden, you get a real sense of privacy, with wooden fencing to the perimeter and not being particularly overlooked to the rear.

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: Driveway
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Oil
(Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: TBC
See Ofcom link for speed:
Mobile signal/coverage: See Ofcom link
Local Authority/Tax Band: East Staffordshire Borough Council / Tax Band E
Useful Websites:
Our Ref: JGA17022025
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.

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.

Agent Details

John German, Burton upon Trent

01283 243790

Next Steps?

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