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Thorpe, Ashbourne

East Midlands

£525,000
Listed on 23/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1442 sqft

Description

Jasmine Cottage is a detached stone property nestled in the highly regarded village of Thorpe, within the stunning Peak District National Park. This three-bedroom home presents an intriguing opportunity for those looking to invest in a characterful residence with considerable renovation and enhancement potential. Set on over 0.25 acres, the property boasts ample outdoor space, including a peaceful garden with a flowing brook, offering a serene environment and picturesque views of the surrounding landscape. The interior layout provides scope for reconfiguration or modernization, making it ideal for both families and couples seeking a countryside retreat that can be tailored to their preferences. The property is chain-free, allowing for a smoother transition for potential buyers eager to take on a project. Inside, the home features two reception rooms along with three bedrooms. The dining room is bright and spacious, benefiting from dual-aspect windows and featuring a charming stone fireplace. The kitchen shows promise for an update, offering base cupboards and work surfaces alongside essential appliances. There is also a utility room that connects to the garden room, providing additional functionality. Upstairs accommodates three bedrooms and a study area that could easily be converted into additional living space or even an extra bathroom. The principal bedroom includes built-in wardrobes and an en-suite bathroom, while the second large double bedroom and third bedroom feature fitted storage solutions as well. The expansive grounds enhance Jasmine Cottage's appeal further; the large gravel driveway allows parking for multiple vehicles. At the rear of the property, you’ll find a private courtyard garden with patio space perfect for outdoor relaxation. While there has been identification of Japanese Knotweed on-site, measures are in place to address this concern with an ongoing treatment plan backed by a ten-year guarantee—ensuring long-term sustainability for future owners. The location offers immediate access to numerous walking trails within the National Park, adding to its desirability as both a primary residence or investment property. Jasmine Cottage stands as an excellent canvas for renovation enthusiasts looking to create their dream home in an idyllic rural setting while capitalizing on its potential resale value once improvements are made.

Investment Analysis

(DE6 area)

Above Market Value

This property is priced +17.2% above area average per sq ft

+17.2%
This Property
£364/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£492,674
10% above area average per sq ft
Potential ROI
-14.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE6)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -8.5%
5 year growth: 15.8%
Investment Disclaimer: Analysis based on DE6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Thorpe, Ashbourne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE