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Rushley Farm, Ilam, Ashbourne - Image 1
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Rushley Farm, Ilam, Ashbourne

East Midlands

£500,000Guide Price

Listed on 02/10/2026

The listing

Property details

Bedrooms
4
Type
Detached
Area
1712 sqft

Features

  • Garden
  • Parking

Description

This detached former farmhouse occupies an elevated rural position near Ilam, with views across the surrounding Peak District countryside. The four-bedroom accommodation is arranged over the first and second floors, with a farmhouse kitchen, separate sitting room with exposed beams and a stone fireplace, utility room, family bathroom and ground-floor storeroom. The property is described as requiring substantial modernisation and refurbishment, while retaining original features that may be incorporated into future works. The house is approached by a tree-lined driveway and has a hardstanding area for off-road parking. Gardens wrap around the property and include lawn and dry-stone walling, with an adjoining paddock of approximately 0.86 acres. The total gardens and grounds extend to around 1.40 acres. Offered at auction by online auction method, the sale is freehold with vacant possession. Mains electricity is connected, heating is oil-fired and drainage is to a private system. The listing notes a deed of easement relating to a shared water supply, and advises buyers to investigate the private drainage arrangements and other title matters. The property is in the Peak District National Park, northwest of Ilam, with Ashbourne and local amenities within reach. Broadband and mobile coverage are reported as limited.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

56out of 100
Grade DWeak opportunity

Confidence: MEDIUM

Rushley Farm’s standout appeal is its Peak District setting: a former stone farmhouse with exposed beams, a stone fireplace, far-reaching rural views and around 1.40 acres of grounds, including an adjoining paddock. The interiors offer a substantial renovation canvas, with dated finishes and flooring across the living and bedroom spaces, plus a clearly old-fashioned kitchen and bathroom. The asking price of £500,000 is about 4.5% below the local average per square foot, which is supportive for a project buyer. However, purchase plus the £45,000–£85,000 renovation range looks tight against local value benchmarks; that comparison is not a renovated GDV and excludes stamp duty and fees.

Key opportunities

  • Rework the dated interiors while retaining and highlighting the exposed beams and stone fireplace.
  • Replace the old-fashioned kitchen and bathroom and refresh the flooring and decoration as part of a coherent farmhouse renovation.
  • Make the most of the tree-lined approach, dry-stone walls, views and adjoining paddock within approximately 1.40 acres of grounds.

Key risks

  • The dated finishes across several living and bedroom spaces, alongside kitchen and bathroom replacement, put this in full-project territory: the £45,000–£85,000 works range needs careful budgeting and a realistic programme, rather than a cosmetic refresh.
  • Purchase plus refurbishment looks tight against local value benchmarks; the comparison is not a renovated GDV and excludes stamp duty and fees.
  • Photographs do not confirm the condition of concealed structure, roof or services.

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Map

Location

Rushley Farm, Ilam, Ashbourne
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% 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.

Tax

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Indicative tax based on the asking price and the options you select.

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