2 Bed Semi-Detached House, Refurb/BRRR, Ashbourne, DE6 1FL, £170,000

Old Derby Road, Ashbourne, DE6 1FL - 2 views - a month ago

Refurb/BRRR
ROI: 1%
~68 m²
+12 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£174,356
BMV3%

 

 

End Value (After Refurb)

£192,207

Uplift in Value

+13%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Refurb Costs

£27,600

Bridging Loan Interest

£4,463

Total Cash In

£86,013

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£192,207

Mortgage (After Refinance)

£144,156

Mortgage LTV

75%

Cash Released

£16,656

Cash Left In

£69,357

Equity

£48,052

Rent Range

£604 - £1,200

Rent Estimate

£847

Running Costs/mo

£790

Cashflow/mo

£57

Cashflow/yr

£683

ROI

1%

Gross Yield

6%

Local Sold Prices

22 sold prices from £95K to £576K, average is £162.5K. £1.6K/m² to £5K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£215K06/210.09 mi11, Springfield Avenue, Ashbourne, Derbyshire DE6 1BJ2
£209K06/220.09 mi6, Handel Mews, Ashbourne, Derbyshire DE6 1SQ2
£272.5K09/220.17 mi77, Derby Road, Ashbourne, Derbyshire DE6 1BH2
£95K02/230.35 mi35, Cavendish Drive, Ashbourne, Derbyshire DE6 1SR2
£190K06/230.41 mi7, Old Hill, Ashbourne, Derbyshire DE6 1BL2
£190K09/220.41 mi9, Old Hill, Ashbourne, Derbyshire DE6 1BL2
£160K06/210.43 mi8, South Street, Ashbourne, Derbyshire DE6 1DP2
£155K06/230.45 mi20, South Street, Ashbourne, Derbyshire DE6 1DP2
£170K03/230.45 mi32, South Street, Ashbourne, Derbyshire DE6 1DP2
£165K08/220.45 mi54, South Street, Ashbourne, Derbyshire DE6 1DP2
£150.1K10/200.5 mi17, Peter Street, Ashbourne, Derbyshire DE6 1FP2
£188K03/230.5 mi10, Peter Street, Ashbourne, Derbyshire DE6 1FP2
£150K08/220.53 mi4, Malbons Yard, Ashbourne, Derbyshire DE6 1BX2
£140K01/210.77 mi8, Dovehouse Green, Ashbourne, Derbyshire DE6 1FF2
£576K11/210.78 miRichmond, Belle Vue Road, Ashbourne, Derbyshire DE6 1AT2
£175K03/230.79 mi23, Northcliffe Road, Ashbourne, Derbyshire DE6 1FE2
£120K09/210.79 mi34, Mayfield Road, Ashbourne, Derbyshire DE6 1AR2
£111K04/210.81 mi26, Buxton Road, Ashbourne, Derbyshire DE6 1EX2
£132K07/220.83 mi20, Buxton Road, Ashbourne, Derbyshire DE6 1EX2
£156K03/210.85 mi59, Mayfield Road, Ashbourne, Derbyshire DE6 1AS2
£140K04/210.85 mi106, Mayfield Road, Ashbourne, Derbyshire DE6 1AS2
£360K05/230.99 mi4, Hillside Avenue, Ashbourne, Derbyshire DE6 1EG2

Local Rents

15 rents from £604/mo to £1.2K/mo, average is £835/mo.

RentDateDistanceAddressBeds 
£87512/240.29 miBarton Drive, ASHBOURNE, Derbyshire, DE62
£82512/240.46 miTaylor Court, Sturston Road, Ashbourne2
£72512/240.47 miThe Plough, Old Hill, Ashbourne, Derbyshire2
£79512/240.47 miTaylor Court, Ashbourne, Derbyshire, DE62
£60412/240.47 miLathkill Drive, ASHBOURNE2
£85012/240.49 miCompton, Ashbourne DE6 1DA2
£1,20012/240.58 miKing Edward Street, Ashbourne DE6 1BW2
£85012/240.68 miSt. John Street, Ashbourne2
£90012/240.68 miSt. John Street, Ashbourne2
£77512/240.68 miSt. John Street, Ashbourne2
£69512/240.7 miBernard Gadsby Close, Ashbourne2
£1,10002/240.73 mi-2
£79512/240.74 miQueen Elizabeth Court, Belle Vue Road, Ashbourne2
£88012/240.77 miKing Street, Ashbourne DE6 1EA2
£83512/241.03 miSt. Monicas Way, Tissington Court, Windmill Lane, Ashbourne, Derbyshire, DE62

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.52 miles away

Nearest school

0.10 miles away

Nearest train station

9.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £170,000

March 7, 2025

Floor Plans

Description

  • Private Driveway +
  • Kitchen/Dining Room +
  • Combi Boiler +
  • Sought-After Location +
  • Two Generous Sized Bedrooms +

SUMMARY
Charming Two-Bedroom Property - Located in the heart of Ashbourne, Derbyshire, this well-proportioned home offers a fantastic opportunity to put your own stamp on it. With a spacious layout and great potential, ideal for first-time buyers or those looking for a project.

DESCRIPTION
Situated at the top of the hill in the sought-after market town of Ashbourne, this charming two-bedroom home offers a fantastic opportunity to personalise and modernise. Located within walking distance of the town centre, you'll have easy access to a range of shops, cafes, and local amenities, as well as the stunning countryside of the nearby Peak District National Park.

With its great location and scope for modernisation, this property presents an exciting opportunity to create a beautiful home tailored to your own style.

Contact us today to arrange a viewing!

Entrance Porch 4' 2" x 3' ( 1.27m x 0.91m )
Providing a welcoming entryway leading into the living room.

Entrance Hall 9' 3" x 2' 10" ( 2.82m x 0.86m )
Carpeted throughout, creating a warm and inviting space that connects to the kitchen/dining room.

Kitchen/Dining Room 18' 10" x 8' 9" ( 5.74m x 2.67m )
- A well-sized kitchen with a window to the front elevation, a four-ring electric hob and oven, splashback tiling, high and low cupboard storage, a radiator, and space for a dishwasher and washing machine. The dining area, also carpeted, offers a versatile space and is separated from the lounge by French doors.

Living Room 11' 1" Plus Recess x 16' 2" ( 3.38m Plus Recess x 4.93m )
A spacious and bright living area, featuring carpeted flooring, under stairs storage suitable for a downstairs office space, an electric fireplace, a window to both the front and side elevations, three radiators and a staircase leading to the first-floor landing.

Landing 
Carpeted landing provides access to all rooms and features an airing cupboard housing the combi boiler, as well as loft access which is partly bordered.

Bedroom One 14' x 8' 5" ( 4.27m x 2.57m )
The main bedroom is a spacious double room, benefiting from two radiators and two windows to the front elevation

Bedroom Two 13' 11" x 8' 4" ( 4.24m x 2.54m )
The second bedroom is also carpeted, with a radiator and a window to the front elevation.

Shower Room 
The upstairs shower room offers a practical and well-sized space, featuring carpeted flooring and half-height tiling around the room. A walk-in mains water shower, a sink fitted with hot and cold chrome taps, WC and two obscure privacy windows to the front elevation, allowing natural light to brighten the space while maintaining privacy.

Outside 
Externally, the property benefits from a tarmacked driveway with parking for one vehicle, edged by a lawn and mature shrubs. The courtyard-style frontage is enclosed by fencing, providing a private and welcoming entrance.

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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