We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DE6 2JL
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic good sized two bedroom terraced property which has been recently renovated throughout with quality fixtures and fitting offering a spacious reception room, a recently renovated kitchen and two bedrooms.
Situated on the outskirts of Ashbourne close to many local amenities. Of interest to first time buyers or families alike.
Directions - From our office in Leek head East on the Ashbourne Road (A523) for approximately 13.7 miles before turning right onto Watery Lane after passing the BP garage.
Take the first right off Watery Lane onto Mayfield Yarns.
Continue on this road for 0.7 miles, sticking to the left as the road splits and the property will be on the right as signposted by our 'For Sale' board.
Situation - The property is situated near Mayfield on the outskirts of Ashbourne, approximately 2.2 miles from the centre of Ashbourne, 11.2 miles from Uttoxeter and 14.8 miles from Leek.
Accommodation Comprises - Lounge - 14'8" x 14'7" - With laminate wood effect flooring, feature fireplace, built in storage cupboards and a window the front aspect.
Kitchen - 7'10" x 14'8" - With laminate wood effect flooring, a range of floor and wall mounted kitchen units including and electric oven with extractor over and a one bowl sink unit, stairs off and a window to the rear aspect.
Utility - 8'6" x 7'10" - With laminate wood effect flooring, plumbing for a washing machine and an external door to the rear aspect. Downstairs Wc - 3'12" x 5' - With low level WC and wash hand basin.
Bedroom Number One - 14'8" x 8'12" - With wooden flooring, radiator , a window and a store cupboard off. Bedroom Number Two - 11'9" x 7'11" - With wooden flooring and a store cupboard off.
Bathroom - 7'7" x 5'5" - With a bath with shower over, wash hand basin and underfloor heating. Services - We understand that the property is connected to mains water, electricity, gas and drainage.
Viewings - By prior arrangement through Graham Watkins & Co. Measurments - All measurements given are approximate and are 'maximum' measurements.
Please Note - The agent has not tested any apparatus, equipment, fixtures, fittings or services and cannot verify they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property.
Tenure And Possession - The property is held freehold and vacant possession will be given upon completion.
Wayleaves & Easements - The property is sold subject to and with the benefits of all rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, whether or not referred to in these stipulations, the particulars or special conditions of sale.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About 8 Mayfield Terrace, Mayfield, Ashbourne
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