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1 & 2 Hazelhurst Cottages, Mercaston, Ashbourne

East Midlands

£495,000

Listed on 02/04/2026

Property Details

Bedrooms
5
Type
House

Description

This property presents a noteworthy opportunity for potential development, subject to obtaining the appropriate consents. Currently consisting of two semi-detached brick dwellings beneath a tiled roof, it is evident that modernization and enhancement are required. The property includes several outbuildings alongside a generous garden and grounds that extend to approximately half an acre. Future purchasers are encouraged to consult with the local planning authority to explore all viable options for redevelopment.

Investment Analysis

(DE6 area)
Area Average
£306/sq ft
Avg Rent (weekly)
£204
Avg Yield
2.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DE6)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -3.0%
5 year growth: +13.8%
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

1 & 2 Hazelhurst Cottages, Mercaston, Ashbourne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,766
Based on a loan of £371,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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