4 Bed Detached House, Cash/Bridging Only, Ashbourne, DE6 5NS, £460,000

Lower Street, Doveridge, ASHBOURNE, DE6 5NS - 9 days ago

Auction
Cash
~129 m²
+2 photos

ValuationOvervalued

Sold Prices£172K - £667.5K
Sold Prices/m²£1.4K/m² - £4.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.6K/m²

Value Estimate

£330,760

 

 

End Value (After Refurb)

£372,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£115,000

Stamp Duty & Legal Fees

£34,700

Refurb Costs

£52,378

Bridging Loan Interest

£12,075

Total Cash In

£215,903

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£372,000

Mortgage (After Refinance)

£279,000

Mortgage LTV

75%

Cash Left In

£215,903

Equity

£93,000

Rent Range

£525 - £8,000

Rent Estimate

£1,588

Running Costs/mo

£1,500

Cashflow/mo

£88

Cashflow/yr

£1,055

ROI

0%

Gross Yield

4%

Local Sold Prices

50 sold prices from £172K to £667.5K, average is £330.5K. £1.4K/m² to £4.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£667.5K04/210 mi2, Lower Street, Doveridge, Ashbourne, Derbyshire DE6 5NS4
£570K10/200 miRyecroft, Lower Street, Doveridge, Ashbourne, Derbyshire DE6 5NS4
£565K12/200.21 miBransdale, Pump Lane, Doveridge, Ashbourne, Derbyshire DE6 5LX4
£400K07/210.23 miBrickwell House, Chapel Green, Doveridge, Ashbourne, Derbyshire DE6 5JY4
£600K06/230.25 mi9, Hall Lane, Doveridge, Ashbourne, Derbyshire DE6 5NQ4
£330K03/210.28 mi6, High Street, Doveridge, Ashbourne, Derbyshire DE6 5NA4
£288.5K02/210.28 mi4, Lime Close, Doveridge, Ashbourne, Derbyshire DE6 5NR4
£385K12/220.31 mi12, Cavendish Close, Doveridge, Ashbourne, Derbyshire DE6 5LB4
£300K11/200.4 mi2, Maple Close, Doveridge, Ashbourne, Derbyshire DE6 5LU4
£370K05/210.43 mi16, Lake Drive, Doveridge, Ashbourne, Derbyshire DE6 5NW4
£350K04/230.47 mi12, Oak Drive, Doveridge, Ashbourne, Derbyshire DE6 5NF4
£275K01/211.45 mi2, Russell Close, Uttoxeter, Staffordshire ST14 8HZ4
£280K01/231.46 mi19, Wilsford Avenue, Uttoxeter, Staffordshire ST14 8XG4
£660K11/201.49 miWoodreeves, Wood Lane, Uttoxeter, Staffordshire ST14 8BE4
£270K11/201.5 mi5, Seagram Way, Uttoxeter, Staffordshire ST14 8XF4
£254K08/211.52 mi1, Arkle Close, Uttoxeter, Staffordshire ST14 8XH4
£244K12/201.52 mi8, Arkle Close, Uttoxeter, Staffordshire ST14 8XH4
£200K12/221.57 mi47, Chamberlain Close, Uttoxeter, Staffordshire ST14 8ET4
£408K01/231.62 mi3, Highwood Road, Uttoxeter, Staffordshire ST14 8BQ4
£362.5K01/211.7 mi54b, Highwood Road, Uttoxeter, Staffordshire ST14 8BJ4
£545K03/241.7 miThe Old Coach House, Highwood Road, Uttoxeter, Staffordshire ST14 8BJ4
£390K06/211.72 mi7, Woodleighton Grove, Uttoxeter, Staffordshire ST14 8BX4
£400K02/211.73 mi18, Windmill Drive, Marchington, Uttoxeter, Staffordshire ST14 8JP4
£186K02/211.74 mi11, The Steeplechase, Uttoxeter, Staffordshire ST14 7JR4
£485K12/231.74 mi2, Woodleighton Grove, Uttoxeter, Staffordshire ST14 8BX4
£475K07/231.77 mi7, Oakover Close, Uttoxeter, Staffordshire ST14 8XZ4
£370K12/201.77 mi15, Oakover Close, Uttoxeter, Staffordshire ST14 8XZ4
£310K10/231.83 mi2, Greenfinch Close, Uttoxeter, Staffordshire ST14 8UB4
£277.5K05/211.84 mi2, Partridge Drive, Uttoxeter, Staffordshire ST14 8TY4
£260K03/211.84 mi20, Partridge Drive, Uttoxeter, Staffordshire ST14 8TY4
£258K04/211.87 mi45, Lark Rise, Uttoxeter, Staffordshire ST14 8SZ4
£200K05/231.88 mi5, The Limes, Uttoxeter, Staffordshire ST14 7FA4
£270K10/231.88 mi94a, Carter Street, Uttoxeter, Staffordshire ST14 8DA4
£271K02/211.88 mi4, Chaffinch Drive, Uttoxeter, Staffordshire ST14 8UE4
£172K05/211.9 mi113, Park Street, Uttoxeter, Staffordshire ST14 7AW4
£235K10/201.9 mi6, Lark Rise, Uttoxeter, Staffordshire ST14 8SZ4
£380K12/231.9 mi43, Demontfort Way, Uttoxeter, Staffordshire ST14 8XY4
£425K10/201.9 mi55, Demontfort Way, Uttoxeter, Staffordshire ST14 8XY4
£331K09/211.9 mi54, Demontfort Way, Uttoxeter, Staffordshire ST14 8XY4
£380K08/231.92 mi8, Kynnersley Croft, Uttoxeter, Staffordshire ST14 7SH4
£250K01/211.93 mi40, Mellor Drive, Uttoxeter, Staffordshire ST14 7AL4
£253K02/211.93 mi19, Mellor Drive, Uttoxeter, Staffordshire ST14 7AL4
£273.5K12/201.94 mi2, Brooklands Close, Uttoxeter, Staffordshire ST14 8UH4
£350K06/211.95 mi5, Brooklands Close, Uttoxeter, Staffordshire ST14 8UH4
£300K01/211.96 mi1, Fairfield Road, Uttoxeter, Staffordshire ST14 7JY4
£262K03/211.96 mi19, Sandpiper Drive, Uttoxeter, Staffordshire ST14 8TA4
£360K06/211.97 mi32, Woodland Views, Marchington, Uttoxeter, Staffordshire ST14 8NF4
£467.5K06/211.98 miEast View, The Grange, High Street, Marchington, Uttoxeter, Staffordshire ST14 8LD4
£245K02/211.99 mi10, Heath Road, Uttoxeter, Staffordshire ST14 7LT4
£370K12/201.99 mi32, Heath Road, Uttoxeter, Staffordshire ST14 7LT4

Local Rents

37 rents from £525/mo to £8K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£77509/241.47 miDerby Road, Uttoxeter ST14 8EA2
£71509/241.57 mi-2
£79509/241.57 miChamberlain Close, Uttoxeter, Staffordshire, ST142
£75009/241.59 miChamberlain Close, Uttoxeter, ST14 8ET2
£8,00011/241.59 mi-12
£8,00009/241.59 mi-12
£6,00003/251.59 mi-12
£65009/241.61 miBridge Street, Uttoxeter ST14 8AP2
£6,50006/241.62 mi-12
£1,08509/241.66 miHighwood Road, Uttoxeter, Staffordshire ST14 8BG3
£75009/241.7 miMarket Place, UTTOXETER2
£82509/241.73 miSpiceal Mews, Uttoxeter, ST14 8HT2
£82003/251.77 mi-2
£72509/241.77 miHedley House, Uttoxeter2
£80004/241.78 mi-2
£80009/241.78 miWharfe Close, Uttoxeter2
£52509/241.81 miBalance Street, Uttoxeter1
£80009/241.84 mi-3
£80009/241.84 mi-3
£80010/241.84 mi-3
£1,00008/241.84 mi-3
£79509/241.87 mi-2
£79509/241.9 miLark Rise, Uttoxeter2
£72509/241.91 mi-2
£82511/241.91 mi-2
£75009/241.93 mi-2
£71009/241.94 miStone Road, Uttoxeter2
£76509/241.95 miNew Street, Uttoxeter, Staffordshire ST14 7QS2
£79509/241.98 miRobin Close, Uttoxeter2
£99509/242.03 miSorrel Close, Uttoxeter, Staffordshire ST14 8UP3
£70009/242.11 miWestlands Road, Uttoxeter ST14 8DJ3
£1,15007/242.26 mi-3
£1,10009/242.26 mi-3
£1,20008/242.27 mi-3
£1,80012/242.27 miAshbourne, Derbyshire5
£1,45009/242.28 miHolly Road, Uttoxeter3
£1,50009/242.43 miIvy Cottage, Bramshall, Uttoxeter3

Local Area Statistics

Population in DE6

25,599

Town centre distance

8.82 miles away

Nearest school

0.20 miles away

Nearest train station

1.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £460,000

March 26, 2025

Description

  • AUCTION SALE +
  • 15 April 2025 +
  • EPC Rating - E +

SUMMARY
AUCTION SALE 15 April 2025 - • Detached country property with gardens and paddock
• Extending to 0.7 acres subject to measured survey
• Far-reaching views across the lane to fields beyond

DESCRIPTION
GUIDE PRICE: £460,000
AUCTION DATE: TUESDAY 15TH APRIL 2025
BIDDER REGISTRATION: Please ensure you are registered to bid on the Barnard Marcus Auctions website by 2pm on MONDAY 14TH APRIL 2025
DOWNLOAD LEGAL DOCUMENTS FROM BARNARD MARCUS AUCTIONS WEBSITE

Description
A rare opportunity to acquire a four bedroomed detached country property on the edge of the sought-after village of Doveridge, which is conveniently located to the nearby town of Uttoxeter and the A50, and within commuting distance of Derby and Burton on Trent. This well-proportioned home is arranged over two floors, with a spacious breakfast kitchen. There is a driveway to a small garage. The property has been in the same family for many years, and it is our understanding that it is not registered at the Land Registry which is the case with a significant proportion of property across England and Wales. You should satisfy yourself and seek advice with regards to the elements of the legal pack supplied before proceeding.

Accommodation
Ground floor: Entrance hall, cloakroom with w.c., sitting room, dining room, breakfast kitchen, lean to.
First floor: Landing, four bedrooms, bathroom/w.c.
External: Gardens to front side and rear, drive leading to a small garage, enclosed paddock to rear.
Mains water, sewerage, and electricity. Oil fired central heating
Broadband: Fibre and copper show as available
Mobile Coverage: EE, Three, O2 show as available

Ground floor:
Entrance Hall
Cloakroom with w.c.
Sitting room
(16’ 10” into recess x 14’)
Dining room
(14’ x 11’4” into recess)
Breakfast kitchen
(17’4” x 14’1”)
Lean to

First floor:
Landing
Bedroom one
(14’ x 13’ 5” into recess)
Bedroom two
(13’11”x 11’4” into recess)
Bedroom three
(13’10” x 7’10”)
Bedroom four
(10’8” x5’2”)
Bathroom/w.c.

External: Gardens to front side and rear, drive leading to a small garage, Enclosed paddock to rear.

The measurements may have been supplied by a third party

EPC:
E 151 sq.m information taken from the EPC

Council Tax Band:
E

Tenure:
Freehold

Viewings:
Bagshaws Residential 17 High Street, Uttoxeter ST14 7HP Branch Tel: Email: By arrangement with the auctioneers - please see important advice for viewers on page 19 of this catalogue

FOR SALE VIA THE MIDLANDS AUCTION CENTRE IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS TUESDAY 15TH APRIL 2025 AT 9.30AM AT THE DE VERE GRAND CONNAUGHT ROOMS, 61-65 GREAT QUEEN STREET, COVENT GARDENS, LONDON WC2B 5DA. YOU CAN ALSO REGISTER FOR ONLINE BIDDING.
CONDITIONS OF SALE
The Conditions of Sale will be deposited at the offices of the auctioneers and vendor’s solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of the same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Health & Safety Advice for Property Viewers.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at lots, we have not carried out a detailed Health & Safety inspection of the lots in our auction and cannot therefore guarantee the safety and security of viewers. All persons attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All unaccompanied inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers’ risk.
*Guide and Reserve Prices
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
NOTE
The auctioneers offer four ways to bid including internet, telephone, proxy, and live room bidding. Prospective purchasers will need to register to bid and pay a holding deposit before the sale commences by registering at Barnard Marcus Auctions website. We do not take credit card or cash deposits. The sale of each lot is subject to a documentation charge of £1,500 (including vat) payable on the fall of the hammer.
Guidance notes are set out in the catalogue in relation to auction lots, particularly from a purchasing perspective.

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. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
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, Derby Auctions

01332 215613

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪