12 Peter Street, Ashbourne, Derbyshire DE6 1FP

Description

A character property in the heart of the historic market town of Ashbourne. Offering plenty of potential for improvement, the property offers a lounge and dining room, kitchen with door onto the garden and a shower room. To the first floor there are two double bedrooms and outside a drive to the front and a rear garden.

Accommodation

Lounge with entrance door, radiator, uPVC double glazed window, feature cast-iron fireplace and door to the inner lobby; dining room with radiator and under-stairs storage cupboard and arch to the kitchen; kitchen with fitted units, work surfaces, sink and drainer unit, window and door; shower room with corner shower, wash hand basin and low flush WC; two double bedrooms, each with uPVC double glazed window and radiator; front drive and rear garden.

Location

Conveniently located within walking distance of Ashbourne's shops, cafés, restaurants, and local amenities. The town is also well connected, with the A52 and A515 providing convenient road links to Derby, Manchester, Sheffield, and Birmingham. Nearby railway stations offer onward connections to London and other major cities.

Tenure / Property Information

Investment Analysis

The property is a two-bedroom end-of-terrace house on Peter Street. Same-street completed sales range from £139,000 in July 2026 to £188,000 in March 2023, but the comparables do not provide bedroom counts, condition or specification. A base GDV of £150,000 is therefore a broad evidence-led estimate only, with a wide scenario range.

Investment Snapshot

Strategy Recommendation

Proceed only subject to a full viewing, legal review and firm refurbishment quotations. The guide price appears materially below the broad same-street sales evidence, but the missing condition, tenure, rent and cost information prevents a reliable BTL, BRRR or flip decision.

Works Required

The description states that the property offers potential for improvement, but does not identify specific defects or required works. Inspect and cost the kitchen, shower room, general internal finishes, services and external areas before bidding; no replacement works are assumed from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £150,000 base GDV, 75% refinance would be £112,500. However, refurbishment costs, rent, finance costs and total acquisition costs are unavailable, so cash left in and the viability of a BRRR strategy cannot be established.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. At the £90,000 guide, the buyer premium is £6,000 because the 4.8% calculation is below the stated minimum, before works and any other applicable fees.

Flip Analysis

The same-street completed sales provide a broad GDV reference range of £139,000 to £188,000, with £150,000 used as the base scenario. Flip surplus cannot be calculated because refurbishment costs and a supported selling-cost allowance are unavailable.

Investor Risks & Due Diligence

• The property's condition and required refurbishment scope are not specified.

• No rental evidence is available, so rental income and yield cannot be established.

• Tenure, occupancy, lease information, EPC and council tax details are missing.

• The comparable sales do not state bedroom counts or condition and span materially different sale dates and prices.

• Additional fees may apply under the Special Conditions of Sale, and the buyer premium is subject to a £6,000 minimum.

Recommendation

Proceed only subject to a full viewing, legal review and firm refurbishment quotations. The guide price appears materially below the broad same-street sales evidence, but the missing condition, tenure, rent and cost information prevents a reliable BTL, BRRR or flip decision.

Strategy Rating

Analysis Confidence

There are several same-street completed sales and clear accommodation details, but bedroom and condition information for the comparables, property tenure, EPC, occupancy, rent, refurbishment costs and additional auction fees are not supplied.