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1 & 2 Hazelhurst Cottages, Mercaston, Ashbourne

East Midlands

£500,000
Listed on 02/04/2026

Property Details

Bedrooms
5
Type
House

Description

This property presents a promising opportunity for renovation and development, subject to obtaining the necessary planning permissions. Comprising two semi-detached dwellings constructed of brick with a tiled roof, the homes are currently in need of significant modernisation. The expansive grounds extend to approximately half an acre and include various outbuildings, offering ample space for potential improvements or new projects. Prospective buyers are encouraged to engage with the local planning authority to explore development possibilities.

Investment Analysis

(DE6 area)
Area Average
£304/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DE6)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.8%
5 year growth: +12.5%
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

1 & 2 Hazelhurst Cottages, Mercaston, Ashbourne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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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