3 Bed Bungalow, Cash/Bridging Only, Ashbourne, DE6 1BQ, £325,000

Mumford Drive, Ashbourne, DE6 1BQ - a month ago

Cash
~97 m²
+8 photos

ValuationOvervalued

Sold Prices£145K - £435K
Sold Prices/m²£1.6K/m² - £3.8K/m²

 

 

Square Metres

~97.09 m²
Price/m²£3.3K/m²

Value Estimate

£257,941

 

 

End Value (After Refurb)

£312,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£39,343

Bridging Loan Interest

£8,531

Total Cash In

£152,074

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£312,500

Mortgage (After Refinance)

£234,375

Mortgage LTV

75%

Cash Left In

£152,074

Equity

£78,125

Rent Range

£550 - £3,500

Rent Estimate

£965

Running Costs/mo

£1,190

Cashflow/mo

£-225

Cashflow/yr

£-2,695

Gross Yield

4%

Local Sold Prices

50 sold prices from £145K to £435K, average is £232.5K. £1.6K/m² to £3.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£300K05/210.03 mi8, Mumford Drive, Ashbourne, Derbyshire DE6 1BQ3
£255K05/210.03 mi26, Springfield Avenue, Ashbourne, Derbyshire DE6 1BJ3
£230K06/210.03 mi12, Springfield Avenue, Ashbourne, Derbyshire DE6 1BJ3
£228.5K05/210.06 mi4, Handel Mews, Ashbourne, Derbyshire DE6 1SQ3
£257K03/210.09 mi38, Derby Road, Ashbourne, Derbyshire DE6 1BH3
£235K08/210.09 mi79, Derby Road, Ashbourne, Derbyshire DE6 1BH3
£345K01/230.09 mi38, Derby Road, Ashbourne, Derbyshire DE6 1BH3
£290K01/210.12 mi28, Lambourne Avenue, Ashbourne, Derbyshire DE6 1BP3
£435K02/210.14 mi1, Blore Close, Ashbourne, Derbyshire DE6 1SS3
£405K06/210.14 mi15, Old Derby Road, Ashbourne, Derbyshire DE6 1BN3
£245K12/210.14 mi9, Thorpe View, Ashbourne, Derbyshire DE6 1SY3
£338K01/210.18 mi33, Peak View Drive, Ashbourne, Derbyshire DE6 1BR3
£280K04/210.19 mi11, Spencer Close, Ashbourne, Derbyshire DE6 1BU3
£281.5K09/210.21 mi4, Stanton Road, Ashbourne, Derbyshire DE6 1SH3
£225K05/230.23 mi27, Lime Grove, Ashbourne, Derbyshire DE6 1HP3
£303.5K03/210.23 mi1, Derwent Gardens, Ashbourne, Derbyshire DE6 1DJ3
£165K06/210.24 mi31, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£225K06/210.24 mi27, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£217.5K07/210.24 mi2, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£200K10/200.24 mi101, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£250K08/230.24 mi101, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£145K10/200.25 mi62, Belper Road, Ashbourne, Derbyshire DE6 1BD3
£280K11/200.26 mi17, Duncombe Drive, Ashbourne, Derbyshire DE6 1LJ3
£315K12/200.28 mi40, Belper Road, Ashbourne, Derbyshire DE6 1BB3
£194K01/210.29 mi28, Cavendish Drive, Ashbourne, Derbyshire DE6 1SR3
£230K07/210.29 mi34, Cedar Close, Ashbourne, Derbyshire DE6 1FJ3
£165K12/200.29 mi50, Belper Road, Ashbourne, Derbyshire DE6 1BB3
£240K05/230.31 mi18, Lower Pingle Road, Ashbourne, Derbyshire DE6 1TE3
£205K09/210.32 mi7, Chestnut Drive, Ashbourne, Derbyshire DE6 1HT3
£205K06/210.32 mi15, Walton Crescent, Ashbourne, Derbyshire DE6 1FZ3
£178K10/200.34 mi49, St Oswalds Crescent, Ashbourne, Derbyshire DE6 1FS3
£220K03/230.34 mi68, St Oswalds Crescent, Ashbourne, Derbyshire DE6 1FS3
£220K12/220.35 mi6, Park Avenue, Ashbourne, Derbyshire DE6 1GA3
£240K09/210.36 mi8, Manifold Avenue, Ashbourne, Derbyshire DE6 1FR3
£222.5K10/220.37 mi76, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£189.5K10/200.37 mi60, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£310K03/210.37 mi112a, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£190K07/230.38 mi22, Derby Road, Ashbourne, Derbyshire DE6 1BE3
£196.3K10/220.39 mi11, Old Hill, Ashbourne, Derbyshire DE6 1BL3
£185K06/230.39 mi32, Park Avenue, Ashbourne, Derbyshire DE6 1GA3
£250K03/210.41 mi5, Sturston Road, Ashbourne, Derbyshire DE6 1BA3
£195K01/210.41 mi13, Beresford Avenue, Ashbourne, Derbyshire DE6 1FW3
£288K09/210.43 mi39, South Street, Ashbourne, Derbyshire DE6 1DP3
£235K09/210.45 mi17, Thornley Place, Ashbourne, Derbyshire DE6 1PQ3
£165K07/220.46 mi17, Brookside, Ashbourne, Derbyshire DE6 1FY3
£260K03/210.46 mi3, Park Road, Ashbourne, Derbyshire DE6 1FN3
£318K06/230.51 mi47, Station Street, Ashbourne, Derbyshire DE6 1DE3
£265K06/210.51 mi49, Station Street, Ashbourne, Derbyshire DE6 1DE3
£170K03/210.54 mi28, North Leys, Ashbourne, Derbyshire DE6 1DQ3
£217.5K01/230.54 mi19, North Leys, Ashbourne, Derbyshire DE6 1DQ3

Local Rents

35 rents from £550/mo to £3.5K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£90012/240.06 mi-3
£59512/240.18 miSellers Yard, Derby Road, Ashbourne3
£89512/240.3 miBelper Road, Ashbourne, Derbyshire3
£87512/240.35 miBarton Drive, ASHBOURNE, Derbyshire, DE62
£2,30012/240.38 miDerby Road, Ashbourne, Derbyshire, DE65
£82512/240.41 miTaylor Court, Sturston Road, Ashbourne2
£60412/240.42 miLathkill Drive, ASHBOURNE2
£79512/240.42 miTaylor Court, Ashbourne, Derbyshire, DE62
£72512/240.43 miThe Plough, Old Hill, Ashbourne, Derbyshire2
£85012/240.45 miCompton, Ashbourne DE6 1DA2
£55012/240.53 miShawcroft, Ashbourne1
£1,20012/240.54 miKing Edward Street, Ashbourne DE6 1BW2
£92512/240.54 miKing Edward Street, Ashbourne DE6 1BW1
£97512/240.54 miCherry Tree Court, North Leys, Ashbourne DE6 1DQ3
£85012/240.62 miSt. John Street, Ashbourne2
£90012/240.62 miSt. John Street, Ashbourne2
£77512/240.62 miSt. John Street, Ashbourne2
£70012/240.62 miSt. John Street, Ashbourne1
£95012/240.67 miThe Hayloft, Old Boothby Farm, Ashbourne3
£1,10002/240.7 mi-2
£55012/240.7 miTown Hall Yard, Ashbourne, Derbyshire1
£88012/240.71 miKing Street, Ashbourne DE6 1EA2
£79512/240.72 miQueen Elizabeth Court, Belle Vue Road, Ashbourne2
£69512/240.72 miBernard Gadsby Close, Ashbourne2
£72502/240.73 mi-3
£90012/240.85 miThe Green Road, Ashbourne3
£95012/240.92 miOld Boothby Farm, The Green Road, Ashbourne DE6 1EE3
£83512/240.96 miSt. Monicas Way, Tissington Court, Windmill Lane, Ashbourne, Derbyshire, DE62
£1,00012/241.29 miYeldersley, Ashbourne3
£3,50012/241.3 miPool Close Farm, Sandybrook, Ashbourne, DE66
£72512/241.91 miMayfield Avenue, Mayfield, Ashbourne DE63
£87512/242.17 miOrchard Lane,Wyaston, Ashboure DE62
£87512/242.17 miOrchard Lane, Wyaston, ASHBOURNE2
£97512/242.17 miOrchard Lane, Wyaston, Ashbourne, Derbyshire, DE63
£1,10003/252.31 mi-2

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.48 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 £325,000

February 26, 2025

Floor Plans

Description

  • No upward chain +
  • Single garage +
  • Easy walking distance to bus routes +
  • Close to amenities +
  • Well presented garden +
  • Quiet & peaceful cul de sac +
  • Well equipped kitchen +
  • EPC rating D. Council tax band D +
  • VIRTUAL 360 TOUR AVAILABLE +

Located in a peaceful cul-de-sac in Ashbourne this well-presented three-bedroom detached bungalow is ideal for those seeking single-story living. The property is sold with the benefit of no upward chain. The bungalow is situated within easy walking distance of bus routes and is close to a range of local amenities, making it an ideal choice for those looking to downsize without compromising on accessibility. This well-maintained home in a sought-after residential area offers a practical and comfortable living environment in a quiet yet well-connected location.

The property is accessed via a uPVC door leading into a spacious reception hallway, with doors providing access to the kitchen, lounge/diner, bedrooms, and bathroom.

The kitchen is well-equipped with rolled-edge preparation surfaces, an inset stainless steel sink with a chrome mixer tap and an upstand surround. A range of base units offers storage, with space and plumbing available for a washing machine and dishwasher. Integrated appliances include an electric oven and grill, a four-ring electric hob, and an extractor fan. Complementary wall-mounted cupboards provide additional storage, one of which houses the Ideal combination boiler. A uPVC door leads to the side of the property for convenient external access.

The lounge/diner is a bright and spacious area featuring a marble fireplace with an inset gas fire as the focal point. The room benefits from a dual-aspect layout with windows to the rear and a uPVC sliding door providing direct access to the rear garden. An open-plan arrangement leads into the dining area, creating a versatile living space.

The property offers three well-proportioned bedrooms. Bedroom one is a generous double, complete with fitted wardrobes and drawers. Bedroom two is also a spacious double, while bedroom three is a good sized single that could alternatively serve as a study or craft room and a loft hatch access.

The bathroom is fitted with a white suite comprising a pedestal wash hand basin with a chrome mixer tap, a low-level WC and a bath with a chrome mixer tap and handheld shower head. A chrome ladder-style heated towel rail is also installed, and a useful storage cupboard with shelving provides additional storage space.

Externally, the front garden is well maintained, with a lawn and a variety of herbaceous and flowering plants. A tarmac driveway offers off-street parking for multiple vehicles and leads to a carport and a single garage which benefits from power, lighting and houses the electric circuit board, electric meter and gas meter. A wooden side door provides additional access to the garage.

The rear garden features a patio seating area, leading onto a well-kept lawn with mature planting and herbaceous borders. A beech hedge ensures year-round privacy, creating a pleasant outdoor space to enjoy.

Please note: Probate has been applied for, but not yet granted.

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: Drive
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 D
Useful Websites:
Our Ref: JGA/21022025
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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