3 Bed Semi-Detached House, Refurb/BRRR, Ashbourne, DE6 1EE, £240,000

76 The Green Road, Ashbourne, DE6 1EE, United Kingdom - 2 views - a month ago

Refurb/BRRR
~93 m²
+16 photos

ValuationFair Value

Sold Prices£145K - £445.3K
Sold Prices/m²£1.6K/m² - £5.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£241,303

 

 

End Value (After Refurb)

£261,950

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Refurb Costs

£37,686

Bridging Loan Interest

£6,300

Total Cash In

£114,136

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£261,950

Mortgage (After Refinance)

£196,463

Mortgage LTV

75%

Cash Released

£16,463

Cash Left In

£97,673

Equity

£65,488

Rent Range

£550 - £3,500

Rent Estimate

£963

Running Costs/mo

£1,031

Cashflow/mo

£-68

Cashflow/yr

£-818

Gross Yield

5%

Local Sold Prices

50 sold prices from £145K to £445.3K, average is £247.5K. £1.6K/m² to £5.4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£425K05/230.02 mi98, The Green Road, Ashbourne, Derbyshire DE6 1EE3
£332.5K06/230.12 mi2, Offcote Crescent, Ashbourne, Derbyshire DE6 1RW3
£284K04/210.12 mi6, Manor Road, Ashbourne, Derbyshire DE6 1EH3
£282.5K06/230.12 mi12a, Manor Road, Ashbourne, Derbyshire DE6 1EH3
£375K12/220.12 mi22, Manor Road, Ashbourne, Derbyshire DE6 1EH3
£325K06/230.16 mi11, Greenway, Ashbourne, Derbyshire DE6 1EF3
£325K08/210.17 mi3, Hillside Avenue, Ashbourne, Derbyshire DE6 1EG3
£355K02/230.2 mi41, Greenway, Ashbourne, Derbyshire DE6 1EF3
£305K05/210.24 mi7, Sandybrook Close, Ashbourne, Derbyshire DE6 1RX3
£167K04/210.29 mi7, Boothby Avenue, Ashbourne, Derbyshire DE6 1EL3
£167K04/210.29 mi7, Boothby Avenue, Ashbourne, Derbyshire DE6 1EL3
£167K04/210.29 mi7, Boothby Avenue, Ashbourne, Derbyshire DE6 1EL3
£370K02/230.3 mi11, The Green Road, Ashbourne, Derbyshire DE6 1ED3
£300K05/230.3 mi16, The Green Road, Ashbourne, Derbyshire DE6 1ED3
£249.9K12/220.4 mi4, Auction Close, Ashbourne, Derbyshire DE6 1GQ3
£240K09/210.4 mi7, Auction Close, Ashbourne, Derbyshire DE6 1GQ3
£170K06/210.42 mi10, King Street, Ashbourne, Derbyshire DE6 1EA3
£195K01/210.47 mi13, Beresford Avenue, Ashbourne, Derbyshire DE6 1FW3
£185K06/230.49 mi32, Park Avenue, Ashbourne, Derbyshire DE6 1GA3
£165K07/220.52 mi17, Brookside, Ashbourne, Derbyshire DE6 1FY3
£240K09/210.52 mi8, Manifold Avenue, Ashbourne, Derbyshire DE6 1FR3
£445.3K11/200.52 mi13, North Avenue, Ashbourne, Derbyshire DE6 1EZ3
£260K03/210.54 mi3, Park Road, Ashbourne, Derbyshire DE6 1FN3
£178K10/200.54 mi49, St Oswalds Crescent, Ashbourne, Derbyshire DE6 1FS3
£220K03/230.54 mi68, St Oswalds Crescent, Ashbourne, Derbyshire DE6 1FS3
£222.5K10/220.54 mi76, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£189.5K10/200.54 mi60, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£310K03/210.54 mi112a, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£205K06/210.55 mi15, Walton Crescent, Ashbourne, Derbyshire DE6 1FZ3
£220K12/220.55 mi6, Park Avenue, Ashbourne, Derbyshire DE6 1GA3
£315K12/200.58 mi40, Belper Road, Ashbourne, Derbyshire DE6 1BB3
£165K12/200.59 mi50, Belper Road, Ashbourne, Derbyshire DE6 1BB3
£235K09/210.6 mi17, Thornley Place, Ashbourne, Derbyshire DE6 1PQ3
£145K10/200.63 mi62, Belper Road, Ashbourne, Derbyshire DE6 1BD3
£250K03/210.64 mi5, Sturston Road, Ashbourne, Derbyshire DE6 1BA3
£190K07/230.66 mi22, Derby Road, Ashbourne, Derbyshire DE6 1BE3
£250K11/220.66 mi24, Northcliffe Road, Ashbourne, Derbyshire DE6 1FE3
£245K11/200.66 mi50, Northcliffe Road, Ashbourne, Derbyshire DE6 1FE3
£255K07/220.66 mi4, Northcliffe Road, Ashbourne, Derbyshire DE6 1FE3
£288K09/210.72 mi39, South Street, Ashbourne, Derbyshire DE6 1DP3
£196.3K10/220.72 mi11, Old Hill, Ashbourne, Derbyshire DE6 1BL3
£335K06/230.75 mi35a, Belle Vue Road, Ashbourne, Derbyshire DE6 1AT3
£338K01/210.75 mi33, Peak View Drive, Ashbourne, Derbyshire DE6 1BR3
£318K06/230.75 mi47, Station Street, Ashbourne, Derbyshire DE6 1DE3
£265K06/210.75 mi49, Station Street, Ashbourne, Derbyshire DE6 1DE3
£245K12/210.79 mi9, Thorpe View, Ashbourne, Derbyshire DE6 1SY3
£435K02/210.8 mi1, Blore Close, Ashbourne, Derbyshire DE6 1SS3
£170K03/210.82 mi28, North Leys, Ashbourne, Derbyshire DE6 1DQ3
£217.5K01/230.82 mi19, North Leys, Ashbourne, Derbyshire DE6 1DQ3
£228.5K05/210.85 mi4, Handel Mews, Ashbourne, Derbyshire DE6 1SQ3

Local Rents

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

RentDateDistanceAddressBeds 
£90012/240.02 miThe Green Road, Ashbourne3
£95012/240.14 miOld Boothby Farm, The Green Road, Ashbourne DE6 1EE3
£83512/240.39 miSt. Monicas Way, Tissington Court, Windmill Lane, Ashbourne, Derbyshire, DE62
£55012/240.4 miTown Hall Yard, Ashbourne, Derbyshire1
£88012/240.45 miKing Street, Ashbourne DE6 1EA2
£85012/240.48 miSt. John Street, Ashbourne2
£90012/240.48 miSt. John Street, Ashbourne2
£77512/240.48 miSt. John Street, Ashbourne2
£70012/240.48 miSt. John Street, Ashbourne1
£55012/240.49 miShawcroft, Ashbourne1
£95012/240.56 miThe Hayloft, Old Boothby Farm, Ashbourne3
£1,20012/240.57 miKing Edward Street, Ashbourne DE6 1BW2
£92512/240.58 miKing Edward Street, Ashbourne DE6 1BW1
£89512/240.58 miBelper Road, Ashbourne, Derbyshire3
£82512/240.6 miTaylor Court, Sturston Road, Ashbourne2
£79512/240.6 miTaylor Court, Ashbourne, Derbyshire, DE62
£3,50012/240.61 miPool Close Farm, Sandybrook, Ashbourne, DE66
£85012/240.62 miCompton, Ashbourne DE6 1DA2
£2,30012/240.66 miDerby Road, Ashbourne, Derbyshire, DE65
£72512/240.66 miThe Plough, Old Hill, Ashbourne, Derbyshire2
£1,10002/240.66 mi-2
£59512/240.68 miSellers Yard, Derby Road, Ashbourne3
£79512/240.71 miQueen Elizabeth Court, Belle Vue Road, Ashbourne2
£97512/240.82 miCherry Tree Court, North Leys, Ashbourne DE6 1DQ3
£90012/240.85 mi-3
£60412/240.95 miLathkill Drive, ASHBOURNE2
£69512/241.04 miBernard Gadsby Close, Ashbourne2
£72502/241.16 mi-3
£87512/241.19 miBarton Drive, ASHBOURNE, Derbyshire, DE62
£1,00012/241.94 miYeldersley, Ashbourne3
£72512/242.25 miMayfield Avenue, Mayfield, Ashbourne DE63

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.58 miles away

Nearest school

0.20 miles away

Nearest train station

9.60 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 21, 2025

Floor Plans

Description

  • A traditional three-bedroom semi-detached house, which requires modernisation +
  • Fantastic opportunity for someone to create a lovely home +
  • The gross internal area 700sq.ft. +
  • Solar panels for a feed-in tariff and heats the hot water +
  • Spacious dual aspect living room +
  • Good sized rear garden with potential +
  • Driveway and front garden +
  • Great location! Walking distance to QEGS & the town centre +
  • Estimated highest broadband speeds available via Ofcom are 17mb standard & 1,800mb ultrafast. +
  • EPC Rating C +

BENNET SAMWAYS are delighted to offer for sale this traditional three-bedroom semi-detached house, which requires modernisation. This property presents a fantastic opportunity for someone to create a lovely home on a sought-after road in Ashbourne. It is within walking distance of the town centre and, even closer, the highly regarded Queen Elizabeth Grammar School (QEGS). The property is offered with no chain and features a generously sized garden with huge potential. Ideal for investment or as a first-time purchase, the gross internal area is 700sq.ft. The property also benefits from solar panels for a feed-in tariff and heats the hot water.

Interior - Stepping into the hallway, you are greeted with the original quarry-tiled floor, an under-stairs storage cupboard, and stairs leading to the first-floor accommodation. There is a spacious, dual-aspect living room with exposed floorboards, which would look lovely varnished to retain its character. The kitchen requires modernisation and currently includes a sink unit, base units, and space for a cooker. There is also a side door leading to a side lean-to with access to both the front and rear of the property. The shower room, which also requires modernisation, includes a white suite and a shower cubicle. On the first floor, the dual-aspect master bedroom is spacious and includes a storage cupboard. There are also two further decent-sized bedrooms.

Exterior - The property is approached via a tarmac driveway, providing ample parking space for one vehicle. The front garden is a good size and offers potential to expand the driveway. The rear garden is also generously sized and features a brick outbuilding, a pond, and a naturalised area that could be transformed into a lovely garden, with a focus on wildlife. In our opinion, the garden requires some landscaping, but it offers huge potential for any keen gardener.

Locality - Nestled within the picturesque landscape, Ashbourne stands as a historic market town renowned as "The Gateway to the Peak District," owing to its strategic proximity to the breathtaking Peak District National Park. Conveniently situated with easy access to the A50 (9 miles), facilitating connections to the M1 and M6 motorway networks. Noteworthy for its longstanding tradition of Royal Shrovetide Football, a ritual dating back to 1667, observed on Shrove Tuesday and Ash Wednesday. The thriving town boasts a diverse range of amenities, featuring a plethora of distinctive, predominantly independent shops, and charming cafes. Adding to its allure, Ashbourne hosts a popular golf course on its outskirts, and the coveted Queen Elizabeth's Grammar School (QEGs) caters to the educational needs of the town and the adjacent Derbyshire Dales villages. Excellent transport links include a well-connected bus station linking Ashbourne to Derby and Uttoxeter, with a variety of regular services. Convenient train stations at Uttoxeter, Derby, and Matlock further enhance connectivity. Ashbourne serves as an ideal base to explore numerous nearby attractions, including the stately Chatsworth House, Tissington Hall, Haddon Hall, Alton Towers, Matlock Bath, and the picturesque Dovedale, promising a truly enchanting experience.

Owner's perspective - "76 The Green Road is ideally located for walking to the town centre or the local footpaths over the fields, and very convenient for schools with good reputations.
It has been my aunt's home for over 40 years before she reluctantly had to move into a care home. As a keen gardener my aunt grew many interesting plants, but with advancing years she reluctantly let nature be the gardener, I can recommend the raspberries."

Location - what3words: ///rehearsed.goes.swims - Postcode: DE6 1EE

Material Information Guidance Notes - Tenure: Freehold. Council Tax: Derbyshire Dales band C. Services: Mains water, mains electricity, mains gas, mains drainage and internet connection. Estimated highest broadband speeds available via Ofcom are 17mb standard & 1,800mb ultrafast.

Agent Details

Bennet Samways, Ashbourne

01335 218949

Next Steps?

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