2 Bed Terraced House, Single Let, Ashbourne, DE6 1DP, £100,000

South Street, Ashbourne, DE6 1DP - 2 views - a month ago

Auction
BTL
ROI: 4%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£95K - £576K
Sold Prices/m²£1.6K/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£162,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£7,950

Total Cash In

£32,950

 

 

Cash Out

 

Rent Range

£695 - £1,200

Rent Estimate

£744

Running Costs/mo

£481

Cashflow/mo

£263

Cashflow/yr

£3,152

ROI

10%

Gross Yield

9%

Local Sold Prices

24 sold prices from £95K to £576K, average is £167.5K. £1.6K/m² to £5K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£155K06/230 mi20, South Street, Ashbourne, Derbyshire DE6 1DP2
£170K03/230 mi32, South Street, Ashbourne, Derbyshire DE6 1DP2
£165K08/220 mi54, South Street, Ashbourne, Derbyshire DE6 1DP2
£160K06/210.02 mi8, South Street, Ashbourne, Derbyshire DE6 1DP2
£190K06/230.04 mi7, Old Hill, Ashbourne, Derbyshire DE6 1BL2
£190K09/220.04 mi9, Old Hill, Ashbourne, Derbyshire DE6 1BL2
£150K08/220.13 mi4, Malbons Yard, Ashbourne, Derbyshire DE6 1BX2
£150.1K10/200.16 mi17, Peter Street, Ashbourne, Derbyshire DE6 1FP2
£188K03/230.16 mi10, Peter Street, Ashbourne, Derbyshire DE6 1FP2
£576K11/210.33 miRichmond, Belle Vue Road, Ashbourne, Derbyshire DE6 1AT2
£140K01/210.34 mi8, Dovehouse Green, Ashbourne, Derbyshire DE6 1FF2
£175K03/230.35 mi23, Northcliffe Road, Ashbourne, Derbyshire DE6 1FE2
£209K06/220.38 mi6, Handel Mews, Ashbourne, Derbyshire DE6 1SQ2
£111K04/210.41 mi26, Buxton Road, Ashbourne, Derbyshire DE6 1EX2
£120K09/210.42 mi34, Mayfield Road, Ashbourne, Derbyshire DE6 1AR2
£132K07/220.44 mi20, Buxton Road, Ashbourne, Derbyshire DE6 1EX2
£215K06/210.46 mi11, Springfield Avenue, Ashbourne, Derbyshire DE6 1BJ2
£156K03/210.52 mi59, Mayfield Road, Ashbourne, Derbyshire DE6 1AS2
£140K04/210.52 mi106, Mayfield Road, Ashbourne, Derbyshire DE6 1AS2
£272.5K09/220.56 mi77, Derby Road, Ashbourne, Derbyshire DE6 1BH2
£95K02/230.68 mi35, Cavendish Drive, Ashbourne, Derbyshire DE6 1SR2
£360K05/230.7 mi4, Hillside Avenue, Ashbourne, Derbyshire DE6 1EG2
£235K03/210.77 mi3, Offcote Crescent, Ashbourne, Derbyshire DE6 1RW2
£250K05/230.98 miHolly Cottage, Buxton Road, Sandybrook, Ashbourne, Derbyshire DE6 2AQ2

Local Rents

12 rents from £695/mo to £1.2K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£72512/240.06 miThe Plough, Old Hill, Ashbourne, Derbyshire2
£85012/240.1 miCompton, Ashbourne DE6 1DA2
£79512/240.12 miTaylor Court, Ashbourne, Derbyshire, DE62
£82512/240.13 miTaylor Court, Sturston Road, Ashbourne2
£1,20012/240.17 miKing Edward Street, Ashbourne DE6 1BW2
£1,10002/240.28 mi-2
£85012/240.29 miSt. John Street, Ashbourne2
£90012/240.29 miSt. John Street, Ashbourne2
£77512/240.29 miSt. John Street, Ashbourne2
£79512/240.3 miQueen Elizabeth Court, Belle Vue Road, Ashbourne2
£88012/240.37 miKing Street, Ashbourne DE6 1EA2
£69512/240.38 miBernard Gadsby Close, Ashbourne2

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.15 miles away

Nearest school

0.30 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

Price changed to £100,000

March 16, 2025

Listed for £135,000

March 7, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Walking Distance To Town +
  • Good Transport Links +
  • No Onward Chain +
  • Investment Potential +

SUMMARY
Featuring original quarry tiles, a brick-exposed fireplace, and built-in storage, this home is full of character. With huge potential to modernise, this home is ideal for investors or buyers looking to put their own stamp on a property in a highly convenient location.

DESCRIPTION
Charming Two-Bedroom Home with Original Features - Modern Method of Auction

Located on South Street, this characterful property is being offered via the modern method of auction with a guide price of £135,000. A fantastic opportunity for buyers looking to renovate and personalise, this home retains many original features, making it an ideal investment or first-time buy.

Located within walking distance of the town centre and local amenities, this home offers an exciting opportunity to add value. Contact us today to arrange a viewing!

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Living Room 11' 11" x 11' 11" ( 3.63m x 3.63m )
Upon entering through the front door, you step into the lounge, where the original quarry tiles serve as a standout feature, adding charm and character. A brick-exposed fireplace, while a window to the front elevation allows natural light to fill the room and a radiator. A sliding door leads seamlessly into the kitchen along with a built-in bookshelf-style storage unit offers practical space for displaying or storing items.

Kitchen 10' 8" Max x 11' 10" MA ( 3.25m Max x 3.61m MA )
The kitchen features a four-ring electric hob and oven, high and low cupboard storage, and a stainless-steel sink with hot and cold taps, positioned beneath a rear-facing window. There is under-stairs storage as well as additional open storage space, making it a functional area along with a radiator, and from here, you step into a small utility space. This area features quarry tile flooring, plumbing for a washing machine, and a side door providing access to the rear garden.

Bathroom 
The downstairs bathroom retains its original quarry tile features and is tiled from floor to ceiling. It includes a WC, sink with hot and cold taps, a bath with an electric shower over, and a private obscured window to the rear.

Main Bedroom  11' 7" x 12' Max ( 3.53m x 3.66m Max )
The main bedroom is a bright and airy space with wooden flooring, a window to the front elevation, and a radiator.

Bedroom Two 11' 11" Max x 8' 2" ( 3.63m Max x 2.49m )
The second bedroom features over-stairs storage, a radiator, wooden flooring, and a rear-facing window, with the boiler also located in this room.

Outside 
Externally, the rear garden features a shared path at the back, mature shrubs, fencing down the lawn, and hedges, creating a private outdoor space.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Bagshaws Residential, Ashbourne

01335 218899

Next Steps?

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