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Royal Oak, Ashbourne Road, Kirk Langley, Ashbourne

East Midlands

£650,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3700 sqft

Description

This impressive detached residence spans approximately 3,700 square feet and is nestled within a sizable plot of roughly a quarter of an acre. The property showcases original features dating back two centuries while also offering significant potential for further enhancement or extension, subject to planning permission. It includes a separate one-bedroom cottage currently generating a gross rental income of £8,160 per annum, which enhances its investment appeal. The characterful home has undergone thoughtful extensions over the years and comprises multiple reception areas, a farmhouse kitchen with an AGA cooker, and ample bedroom accommodation across two additional floors. The extensive outbuildings include a large garage/workshop and various structures suitable for agricultural storage or parking. The well-established formal garden also holds approved plans for the construction of an additional bungalow, further increasing its value as a development opportunity in this desirable Derbyshire village, known for its excellent schooling options.

Investment Analysis

(DE6 area)

Below Market Value

This property is priced -43.4% below area average per sq ft

-43.4%
Potential saving
This Property
£176/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,264,142
10% above area average per sq ft
Potential ROI
+70.8%
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

Royal Oak, Ashbourne Road, Kirk Langley, 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
£2,381
Based on a loan of £487,500 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