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Kirk Ireton Ashbourne, Derbyshire, DE6 3JS

East Midlands

£2,500,000
Listed on 08/03/2026

Property Details

Bedrooms
17
Type
Detached house
Area
11737 sqft

Description

Millfields Farm presents a unique investment and development opportunity nestled in the picturesque Derbyshire countryside, covering 8.6 acres of land. This property features five luxury holiday cottages, generating over £250,000 annually, with substantial potential for further revenue growth. The existing arrangement includes one cottage used as the site manager's residence, which opens avenues to enhance occupancy rates or consider alternative uses for increased income. Additional facilities such as stables and a commercial unit currently operating as a beauty salon provide further possibilities for diversification. Each of the five cottages combines rustic charm with modern amenities, making them attractive to guests seeking both comfort and character. Heron House, a Georgian farmhouse, can accommodate groups of up to 16 and boasts extensive entertaining spaces including large games rooms and private fishing lakes. Woodpecker Loft showcases impressive barn-conversion architecture with contemporary fittings while offering ample space for up to 10 guests. Barn Owl Cottage and Swallow Barn cater perfectly for smaller parties with their cozy settings. Curlew Cottage stands out as it could be repurposed from staff accommodation to guest lodging, enhancing overall capacity. The estate is set against a backdrop of stunning views over rolling landscapes and includes manicured gardens that appeal to outdoor enthusiasts. This property not only has established income but also offers considerable expansion potential through various avenues such as hosting corporate retreats or special events (subject to planning). With its low competition status in a sought-after tourist destination like this vibrant village in Derbyshire Dales, Millfields Farm is an exceptional opportunity for both lifestyle buyers and serious investors looking to thrive in the hospitality sector.

Investment Analysis

(DE6 area)

Below Market Value

This property is priced -30.7% below area average per sq ft

-30.7%
Potential saving
This Property
£213/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£258
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£3,967,458
10% above area average per sq ft
Potential ROI
+44.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (DE6)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -5.2%
5 year growth: +15.1%
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

Kirk Ireton Ashbourne, Derbyshire, DE6 3JS
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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
£9,017
Based on a loan of £1,875,000 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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