5 Bed Detached House, Cash/Bridging Only, Ashbourne, DE6 3GH, £595,000

3 Thorntree Road, Brailsford, Ashbourne, DE6 3GH - 3 views - 2 months ago

Cash
175 m²
+29 photos

ValuationFair Value

Sold Prices£405K - £1.2M
Sold Prices/m²£2.6K/m² - £6.1K/m²

 

 

Square Metres

175 m²
Price/m²£3.4K/m²

Value Estimate

£595,000

 

 

End Value (After Refurb)

£576,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£148,750

Stamp Duty & Legal Fees

£48,200

Refurb Costs

£70,914

Bridging Loan Interest

£15,619

Total Cash In

£285,232

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£576,500

Mortgage (After Refinance)

£432,375

Mortgage LTV

75%

Cash Left In

£285,232

Equity

£144,125

Rent Range

£625 - £1,950

Rent Estimate

£1,072

Running Costs/mo

£2,036

Cashflow/mo

£-964

Cashflow/yr

£-11,568

Gross Yield

2%

Local Sold Prices

7 sold prices from £405K to £1.2M, average is £520K. £2.6K/m² to £6.1K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£415K03/230.11 mi89, The Plain, Brailsford, Ashbourne, Derbyshire DE6 3BR4
£405K02/212.35 miBrookfields, 26, Bullhurst Lane, Weston Underwood, Ashbourne, Derbyshire DE6 4PA4
£920K06/212.43 miLongford House, Church Lane, Kirk Langley, Ashbourne, Derbyshire DE6 4NG4
£1.2M03/232.43 miLongford House, Church Lane, Kirk Langley, Ashbourne, Derbyshire DE6 4NG4
£578K12/202.43 mi20, Burland Green Lane, Weston Underwood, Ashbourne, Derbyshire DE6 4PF4
£520K10/212.43 mi4, Burland Green Lane, Weston Underwood, Ashbourne, Derbyshire DE6 4PF4
£508K11/202.61 miThe Bungalow, Blackbrook Farm, Intakes Lane, Turnditch, Belper, Derbyshire DE56 2LU4

Local Rents

9 rents from £625/mo to £1.9K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£72512/240.08 miThe Plain, Brailsford, Ashbourne DE62
£1,40012/240.13 miSycamore Way, Brailsford, Ashbourne4
£1,00012/240.96 miYeldersley Lane, Ednaston, Ashbourne, Derbyshire2
£75012/240.98 miEdnaston Court, Yeldersley Lane, Ednaston, Ashbourne2
£1,95012/241.17 miBluebell Cottage, Heritage Court, Ednaston, Ashbourne3
£1,15012/241.22 miThe Barn, Burton Shutts Farm, Mercaston, Ashbourne DE63
£1,19502/251.83 mi-2
£62512/242.22 miThe Oak, Buckhazels Lane, Kirk Langley, Ashbourne DE62
£85012/242.23 miThe Crescent, Mill Lane, Shirley, Ashbourne DE63

Local Area Statistics

Population in DE6

25,599

Town centre distance

5.38 miles away

Nearest school

0.10 miles away

Nearest train station

5.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £595,000

February 24, 2025

Floor Plans

Description

  • Former showhome demonstrating many extras +
  • 5 bedrooms, 2 with en suites +
  • Porcelanosa tiling +
  • 3 reception rooms +
  • Open plan living dining kitchen +
  • Beautiful landscaped garden +
  • Large double garage with utility & WC +
  • EPC rating B. Council tax band F +
  • VIRTUAL 360 TOUR AVAILABLE +

Welcome to 3 Thorntree Road - a beautifully presented modern five-bedroom detached home that perfectly blends style with functionality, making it ideal for families seeking additional space. Previously the show home for the development, this property benefits from several high-quality upgrades and thoughtful touches that enhance its appeal and usability.

The layout of the home is both practical and inviting, featuring multiple reception rooms that provide flexible options for both relaxing and entertaining. Additional features include a large double garage with a handy utility room/mini-kitchen and guest cloakroom, further enhancing the practicality of this family-oriented home. The property is complemented by beautifully landscaped gardens, providing a private and picturesque setting. The property is sold with the benefit of gas fired central heating and sealed unit double glazed windows in uPVC frames throughout.

Entering the property via the composite front door into the spacious reception hallway, it has Porcelanosa tile flooring, a central staircase to the first floor and doors off to the study, sitting room, guest cloakroom and living dining kitchen. There are also two useful storage cupboards, each having rails and shelving.

The Porcelanosa tile flooring continues into the guest cloakroom, which has a pedestal wash hand basin, low level WC and electric extractor fan.

Entering the sitting room, you'll find a welcoming space with a front-facing window with blinds. Double doors connect this area to the dining room, offering a versatile space that could also function as a garden room or playroom. Conveniently, this room provides direct access to the expansive living dining kitchen and features French doors that lead out to the rear garden. The third reception room is the study which has a window to front with blinds and space for extensive shelving and desk space.

Moving into the living dining kitchen, it has a continuation of the Porcelanosa tile flooring and a stylish range of gloss cupboards with contrasting quartz preparation surfaces with matching upstand surround incorporating a 1 ½ sink with adjacent drainer plus a separate chrome hot water tap for drinks and cooking. Integrated appliances comprise a dishwasher, fridge freezer, a five ring gas hob with extractor fan canopy above in addition to a walk-in pantry cupboard. The living dining area has French doors out onto the rear garden.

The utility room has matching units and quartz preparation surfaces as the kitchen, an 1 ½ sink, space and plumbing for a washing machine and tumble dryer plus a composite door to the side.

On the first floor galleried landing is an airing cupboard with shelving and a loft hatch access.
The spacious master bedroom has the benefit of a dressing area with fitted wardrobes that have interior shelving, double hanging space and drawers. The en suite is fully tiled having a white suite with wall hung wash hand basin with chrome mixer tap, low level WC, double shower unit with chrome mains shower and rainfall shower, chrome ladder style heated towel rail and electric extractor fan.

The second bedroom has useful fitted wardrobes with sliding doors and also benefits from having its own ensuite which is fully tiled and has a white suite comprising a wall hung wash hand basin with chrome mixer tap, low level WC, double shower unit with chrome mains shower and rainfall shower, chrome ladder style heated towel rail and electric extractor fan.

The second bedroom also has a separate door into bedroom five, which is currently used as a second dressing room with fitted wardrobes, which can be removed if necessary.

There are two further bedrooms, with bedroom three having useful fitted wardrobes.

Walking into the family bathroom it is fully tiled with co-ordinating Porcelanosa tiles. It has a white suite including a wall hung wash hand basin with chrome mixer tap, low level WC, bath with chrome mixer tap, shower unit with mains rainfall shower, chrome ladder style heated towel rail and electric extractor fan.

Outside - The property has beautifully presented and landscaped gardens to front and rear. The rear garden has an extensive patio seating area, a laid lawn with a well-established herbaceous and flowering borders, potting area and a small vegetable bed. There is also a Victorian style greenhouse, outside power, tap plus lighting to the front, rear and side.

Undoubtedly, one of the selling features of this property is the large double garage, which was the former sales office for the show home. There is Karndean flooring throughout, extensive cupboards and shelving whilst also benefiting from a utility room/'mini kitchen', which has a rolled edge preparation surfaces with inset stainless-steel sink and adjacent drainer, tile splashback surround, appliance space and plumbing for a washing machine and cupboards. There is also a separate guest cloakroom having a wash hand basin and low-level WC, electric extractor fan and loft hatch access.

In front of the garage is a spacious tarmac driveway providing ample off-street parking for multiple vehicles.

Note: There is a communal service fee of £343 per annum (Dales View (Brailsford) Man Co Ltd Ground Solutions UK Ltd).
Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Property construction: Standard
Parking: Off street
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Gas
(Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: Standard Broadband
See Ofcom link for speed:
Mobile signal/coverage: See Ofcom link
Local Authority/Tax Band: Derbyshire Dales District Council / Tax Band F
Useful Websites:
Our Ref: JGA/16052024
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

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