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Royal Oak, Ashbourne Road, Kirk Langley, Ashbourne

East Midlands

£600,000
Listed on 27/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3700 sqft

Description

This substantial detached property offers approximately 3,700 square feet of living space and presents a unique opportunity for investment and enhancement. Originally part of a public house and filling station from the 1930s, this character residence has seen thoughtful extensions by the current owners, but there remains significant potential for further development or expansion subject to planning permissions. The property is set on a sizable quarter-acre plot with mature gardens and has already accomplished planning approval for constructing an additional bungalow. Notably, a separate one-bedroom cottage currently generates a rental income of £8,160 per year, providing an immediate return on investment. Key features include multiple reception rooms, a farmhouse kitchen complete with an AGA cooker, five bedrooms (all with en-suite facilities), and ample parking space alongside various outbuildings. With gas central heating and UPVC double glazing already in place, prospective buyers have the chance to modernize certain areas while retaining the property's historical charm in one of Derbyshire's desirable villages within the Ecclesbourne School catchment.

Investment Analysis

(DE6 area)

Below Market Value

This property is priced -48.0% below area average per sq ft

-48.0%
Potential saving
This Property
£162/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£237
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£1,268,823
10% above area average per sq ft
Potential ROI
+81.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (DE6)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -5.7%
5 year growth: +17.5%
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

Royal Oak, Ashbourne Road, Kirk Langley, Ashbourne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,164
Based on a loan of £450,000 over 30 years at 4.06% 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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