1-bedroom detached house · DE4 5GJ
For saleReduced £15k (−8.3%) on 20 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive stone built cottage stands detached, tucked away from the roadside yet central to this most popular Dales village.
The cottage is Grade II Listed due to its historic connection with the neighbouring pub, the original period building being extended at ground floor level.
The cottage provides one bedroom accommodation and a shower room to the lofted first floor, whilst downstairs there is a spacious open living and dining room, plus fitted kitchen.
There is the benefit of off road parking for two cars, plus a pleasant patio seating area to the front.
The property is ideally suited for the first time buyer, investor or those seeking a bolt hole in the country.
Lea, along with the neighboring villages of Holloway, Lea Bridge and Dethick, combine to boast a thriving community, with the benefit of a Post Office, butchers, tea rooms, respected primary school and of course the neighbouring Jug and Glass public house.
The local road network links the market towns of Matlock (5 miles), Alfreton (5 miles), Bakewell (12 miles) and Belper (6 miles).
The wider recreational delights of the Derbyshire Dales and Peak District are all close at hand.
Accommodation A part glazed wooden front door opens to the… Sitting / dining room – with both front and side facing windows, feature stone fireplace with wooden mantel housing an electric fire, and brick display plinth.
There is a useful under stairs store, which houses the gas meter, and a brick archway which looks into the kitchen.
A pine cottage style door opens to the… Kitchen – fitted with a range of pine fronted cupboards, drawers and work surfaces which incorporate a sink unit and 4-plate electric hob with extractor over and under counter electric oven beneath.
There is also space for a fridge freezer and washing machine. Enclosed to a wall cupboards is the gas fire boiler.
From the sitting room, stairs rise to the… Bedroom – of double proportion with side facing window, conservation roof light and eaves storage.
Shower room – fitted with a WC, wash hand basin and glazed shower cubicle with electric shower. Side facing window. Outside & parking To the front of the cottage, a stone walled sitting area.
Across the access drive, which enjoys a shared right of way through the pub car park. A fenced area provides the benefit of car parking for two, side by side.
Tenure – Freehold services – All mains services are available to the property, which enjoys the benefit of gas fired central heating, occasional electric heaters and uPVC double glazing.
No specific test has been made on the services or their distribution.
EPC rating – Current 61D / Potential 89C council tax – Band A (Amber Valley Borough Council) fixtures & fittings – Only the fixtures and fittings mentioned in these sales particulars are included in the sale.
Certain other items may be taken at valuation if required. No specific test has been made on any appliance either included or available by negotiation.
Directions – From Matlock Crown Square, take the A6 south over the bridge, through Matlock Bath and at the traffic light crossroads, turn left.
Continue on to Lea Bridge, turning left past John Smedley’s Mill.
Continue on before turning left into the car park of the Jug and Glass public house where the property can be found to the rear, identified by the agents For Sale board.
WHAT3WORDS – dusts.dugout.archive viewing – Strictly by prior arrangement with the Matlock office . Ref: FTM11103
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 The Old Stables, Main Road, Lea, Matlock
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