3 Bed Semi-Detached House, Cash/Bridging Only, Ashbourne, DE6 1FJ, £240,000

18 Cedar Close, Ashbourne, DE6 1FJ - 12 days ago

Cash
83 m²
+8 photos

ValuationOvervalued

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

 

 

Square Metres

83 m²
Price/m²£2.9K/m²

Value Estimate

£220,179

 

 

End Value (After Refurb)

£234,803

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Refurb Costs

£33,633

Bridging Loan Interest

£6,300

Total Cash In

£117,183

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£234,803

Mortgage (After Refinance)

£176,102

Mortgage LTV

75%

Cash Left In

£117,183

Equity

£58,701

Rent Range

£550 - £3,500

Rent Estimate

£960

Running Costs/mo

£946

Cashflow/mo

£14

Cashflow/yr

£171

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £145K to £435K, average is £232.5K. £1.6K/m² to £3.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£230K07/210.02 mi34, Cedar Close, Ashbourne, Derbyshire DE6 1FJ3
£205K09/210.05 mi7, Chestnut Drive, Ashbourne, Derbyshire DE6 1HT3
£165K06/210.05 mi31, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£225K06/210.05 mi27, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£217.5K07/210.05 mi2, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£250K08/230.05 mi101, Willow Meadow Road, Ashbourne, Derbyshire DE6 1HJ3
£225K05/230.14 mi27, Lime Grove, Ashbourne, Derbyshire DE6 1HP3
£405K06/210.17 mi15, Old Derby Road, Ashbourne, Derbyshire DE6 1BN3
£303.5K03/210.19 mi1, Derwent Gardens, Ashbourne, Derbyshire DE6 1DJ3
£290K01/210.22 mi28, Lambourne Avenue, Ashbourne, Derbyshire DE6 1BP3
£280K04/210.26 mi11, Spencer Close, Ashbourne, Derbyshire DE6 1BU3
£255K05/210.27 mi26, Springfield Avenue, Ashbourne, Derbyshire DE6 1BJ3
£230K06/210.27 mi12, Springfield Avenue, Ashbourne, Derbyshire DE6 1BJ3
£300K05/210.28 mi8, Mumford Drive, Ashbourne, Derbyshire DE6 1BQ3
£257K03/210.28 mi38, Derby Road, Ashbourne, Derbyshire DE6 1BH3
£235K08/210.28 mi79, Derby Road, Ashbourne, Derbyshire DE6 1BH3
£345K01/230.28 mi38, Derby Road, Ashbourne, Derbyshire DE6 1BH3
£228.5K05/210.31 mi4, Handel Mews, Ashbourne, Derbyshire DE6 1SQ3
£281.5K09/210.31 mi4, Stanton Road, Ashbourne, Derbyshire DE6 1SH3
£280K11/200.32 mi17, Duncombe Drive, Ashbourne, Derbyshire DE6 1LJ3
£435K02/210.36 mi1, Blore Close, Ashbourne, Derbyshire DE6 1SS3
£245K12/210.39 mi9, Thorpe View, Ashbourne, Derbyshire DE6 1SY3
£378K06/210.41 miGlencroft, Derby Road, Ashbourne, Derbyshire DE6 1LZ3
£194K01/210.41 mi28, Cavendish Drive, Ashbourne, Derbyshire DE6 1SR3
£338K01/210.44 mi33, Peak View Drive, Ashbourne, Derbyshire DE6 1BR3
£240K05/230.45 mi18, Lower Pingle Road, Ashbourne, Derbyshire DE6 1TE3
£145K10/200.53 mi62, Belper Road, Ashbourne, Derbyshire DE6 1BD3
£315K12/200.57 mi40, Belper Road, Ashbourne, Derbyshire DE6 1BB3
£165K12/200.58 mi50, Belper Road, Ashbourne, Derbyshire DE6 1BB3
£205K06/210.61 mi15, Walton Crescent, Ashbourne, Derbyshire DE6 1FZ3
£196.3K10/220.61 mi11, Old Hill, Ashbourne, Derbyshire DE6 1BL3
£178K10/200.62 mi49, St Oswalds Crescent, Ashbourne, Derbyshire DE6 1FS3
£220K03/230.62 mi68, St Oswalds Crescent, Ashbourne, Derbyshire DE6 1FS3
£190K07/230.63 mi22, Derby Road, Ashbourne, Derbyshire DE6 1BE3
£220K12/220.63 mi6, Park Avenue, Ashbourne, Derbyshire DE6 1GA3
£222.5K10/220.64 mi76, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£189.5K10/200.64 mi60, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£310K03/210.64 mi112a, Park Avenue, Ashbourne, Derbyshire DE6 1GB3
£288K09/210.64 mi39, South Street, Ashbourne, Derbyshire DE6 1DP3
£240K09/210.65 mi8, Manifold Avenue, Ashbourne, Derbyshire DE6 1FR3
£250K03/210.65 mi5, Sturston Road, Ashbourne, Derbyshire DE6 1BA3
£185K06/230.68 mi32, Park Avenue, Ashbourne, Derbyshire DE6 1GA3
£195K01/210.69 mi13, Beresford Avenue, Ashbourne, Derbyshire DE6 1FW3
£195K06/220.69 mi9, Highfield Road, Ashbourne, Derbyshire DE6 1DX3
£235K09/210.7 mi17, Thornley Place, Ashbourne, Derbyshire DE6 1PQ3
£165K07/220.71 mi17, Brookside, Ashbourne, Derbyshire DE6 1FY3
£318K06/230.72 mi47, Station Street, Ashbourne, Derbyshire DE6 1DE3
£265K06/210.72 mi49, Station Street, Ashbourne, Derbyshire DE6 1DE3
£170K03/210.72 mi28, North Leys, Ashbourne, Derbyshire DE6 1DQ3
£217.5K01/230.72 mi19, North Leys, Ashbourne, Derbyshire DE6 1DQ3

Local Rents

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

RentDateDistanceAddressBeds 
£87512/240.11 miBarton Drive, ASHBOURNE, Derbyshire, DE62
£90012/240.31 mi-3
£59512/240.47 miSellers Yard, Derby Road, Ashbourne3
£60412/240.49 miLathkill Drive, ASHBOURNE2
£89512/240.59 miBelper Road, Ashbourne, Derbyshire3
£2,30012/240.63 miDerby Road, Ashbourne, Derbyshire, DE65
£82512/240.67 miTaylor Court, Sturston Road, Ashbourne2
£72512/240.67 miThe Plough, Old Hill, Ashbourne, Derbyshire2
£79512/240.68 miTaylor Court, Ashbourne, Derbyshire, DE62
£85012/240.7 miCompton, Ashbourne DE6 1DA2
£97512/240.72 miCherry Tree Court, North Leys, Ashbourne DE6 1DQ3
£1,20012/240.79 miKing Edward Street, Ashbourne DE6 1BW2
£92512/240.79 miKing Edward Street, Ashbourne DE6 1BW1
£72502/240.79 mi-3
£55012/240.8 miShawcroft, Ashbourne1
£69512/240.84 miBernard Gadsby Close, Ashbourne2
£85012/240.89 miSt. John Street, Ashbourne2
£90012/240.89 miSt. John Street, Ashbourne2
£77512/240.89 miSt. John Street, Ashbourne2
£70012/240.89 miSt. John Street, Ashbourne1
£95012/240.92 miThe Hayloft, Old Boothby Farm, Ashbourne3
£1,10002/240.93 mi-2
£79512/240.94 miQueen Elizabeth Court, Belle Vue Road, Ashbourne2
£55012/240.97 miTown Hall Yard, Ashbourne, Derbyshire1
£88012/240.98 miKing Street, Ashbourne DE6 1EA2
£1,00012/241.11 miYeldersley, Ashbourne3
£90012/241.14 miThe Green Road, Ashbourne3
£95012/241.21 miOld Boothby Farm, The Green Road, Ashbourne DE6 1EE3
£83512/241.24 miSt. Monicas Way, Tissington Court, Windmill Lane, Ashbourne, Derbyshire, DE62
£3,50012/241.58 miPool Close Farm, Sandybrook, Ashbourne, DE66
£87512/241.88 miOrchard Lane,Wyaston, Ashboure DE62
£87512/241.88 miOrchard Lane, Wyaston, ASHBOURNE2
£97512/241.88 miOrchard Lane, Wyaston, Ashbourne, Derbyshire, DE63
£72512/241.89 miMayfield Avenue, Mayfield, Ashbourne DE63
£1,10003/252.21 mi-2
£87512/242.45 miChurch Road, Snelston2

Local Area Statistics

Population in DE6

25,599

Town centre distance

0.73 miles away

Nearest school

0.20 miles away

Nearest train station

9.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+194%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £240,000

April 3, 2025

Floor Plans

Description

  • Well presented rear garden +
  • Integral garage & off street parking +
  • Three double bedrooms +
  • Shower room +
  • Dining kitchen +
  • Sitting room +
  • Popular cul-de-sac location +
  • EPC rating TBC. Council tax band C. +
  • Walking distance to bus routes, amenities & schools +
  • Swift access onto A52 +

Located in a popular cul-de-sac just a short walk from local schools, amenities, and public transport links, 18 Cedar Close offers a practical and well-proportioned three-bedroom semi-detached ideal for first-time buyers or those looking to downsize. The property benefits from swift access to the A52, making it a convenient base for commuting. The property is sold with the benefit of no upward chain, gas-fired central heating, and uPVC double glazing. Internally the property briefly comprises entrance porch, sitting room, dining room, three double bedrooms, bathroom, separate WC and integral garage. Outside, the property features a well-presented rear garden and to the front, there is off-street parking in addition to an integral garage. The overall setting is quiet yet accessible, making this a smart option for buyers seeking a manageable home in a well-connected part of Ashbourne.

Entering the property through a uPVC door, you step into the entrance porch, which leads directly into the sitting room.

The sitting room is a bright and well-proportioned space, featuring a chimney breast with an inset coal-effect gas fire. A door leads through to the inner hallway and the dining kitchen.

The dining kitchen is fitted with granite preparation surfaces and an inset stainless steel sink with drainer and chrome mixer tap, complemented by a tiled splashback. There is a range of base units with space and plumbing for a washing machine, freestanding electric oven, and fridge freezer. Additional wall-mounted cupboards provide further storage, with one housing the boiler. A uPVC door offers access to the rear garden.

The inner hallway provides access to the integral garage and includes a staircase to the first floor, with a useful understairs storage cupboard.

On the first floor, the landing provides access to all three bedrooms, the bathroom, separate WC, an airing cupboard housing the hot water tank, and a hatch to the loft.

Bedroom one is a good-sized double with built-in wardrobes and a storage cupboards. Bedroom two is also a spacious double, while bedroom three is a smaller double with a useful storage cupboard.

The shower room is fully tiled and fitted with a white suite, including a wash hand basin with chrome mixer tap set over vanity storage, a double shower unit with electric shower, a chrome ladder-style heated towel rail, and an electric extractor fan. The separate WC includes a low-level WC and an extractor fan.

To the front of the property is a lawned garden alongside a driveway offering off-street parking and access to the integral single garage, which has an up-and-over door and houses the electric and gas meters. The rear garden is beautifully presented with a laid lawn with mature planting and flower borders, enclosed by timber fencing.

To view this property, please contact John German Ashbourne office.

Agents note: There are covenants appertaining to this property, a copy of the Land Registry Title is available to view upon request.
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 & garage
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Gas
(Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: See Ofcom link for speed:
Mobile signal/coverage: See Ofcom link
Local Authority/Tax Band: Derbyshire Dales District Council / Tax Band C
Useful Websites:

Our Ref: JGA/02042025

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?

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