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 detached house · DE56 2DL
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOOKING FOR A PROJECT ! Nestled in the picturesque Belper Lane End, this charming stone detached cottage offers a unique opportunity for those seeking a project with potential.
( potential for a three-bedroom, two-bathroom property subject to planning permission ).
The cottage, while in need of full modernisation, presents a blank canvas for creative minds to transform it into a dream home.
With the right vision, this property can be enhanced to reflect modern living while retaining its rustic charm.
One of the standout features of this home is the stunning country views that surround it, providing a serene backdrop for everyday life.
The Location - Belper Lane End, a very sought after location and has its own pub known as the Bulls Head.
It is surrounded by open Derbyshire countryside and enjoys delightful country walks towards Shottle, Alderwasley, Blackbrook and Wirksworth.
Belper Town Centre is only one mile away and provides an excellent range of amenities including a supermarket, shops, education at all levels, a railway station, public houses, restaurants and recreational facilities.
The village of Duffield is some three miles to the south and the city of Derby is approximately eight miles to the south.
The famous market town of Ashbourne, known as the gateway to Dovedale and the Peak District National Park lie approximately ten miles to the west.
Accommodation - Ground Floor - Entrance Porch - 1.36 x 1.07 (4'5" x 3'6") - With glazed door and internal glazed door giving access to entrance hall.
Entrance Hall - 4.59 x 2.59 x 1.71 x 0.81 (15'0" x 8'5" x 5'7" x 2 - With two radiators, built-in storage cupboard and staircase leading to first floor.
Lounge - 5.54 x 3.09 (18'2" x 10'1") - With gas fire, radiator and two sealed unit double glazed windows.
Kitchen/Dining Room - 4.57 x 3.08 (14'11" x 10'1") - With single stainless steel sink unit with hot and cold tap, base cupboards, worktops, two radiators and two sealed unit double glazed windows.
Utility Room - 3.62 x 2.45 (11'10" x 8'0") - With single stainless steel sink unit with hot and cold tap, plumbing for automatic washing machine, base cupboards, worktop, central heating boiler, storage cupboards and glazed door giving access to rear porch.
Bedroom One - 3.40 x 2.84 (11'1" x 9'3") - With built-in cupboard, radiator and sealed unit double glazed window.
Bedroom Two - 2.69 x 2.46 (8'9" x 8'0") - With built-in cupboard, radiator and sealed unit double glazed window.
Bathroom - 2.47 x 2.25 (8'1" x 7'4") - With bath, pedestal wash handbasin, low level WC, radiator, built-in cupboard housing the hot water cylinder and sealed unit double glazed window.
Rear Porch - 2.28 x 1.23 (7'5" x 4'0") - With sealed unit double glazed windows and half glazed entrance door.
Stairs Leading To Roof Space - Roof Space - 6.67 x 5.74 (21'10" x 18'9") - With exposed truss and beams, radiator, two double glazed dormer windows to front, double glazed dormer window to rear and skylight window to rear.
Front Garden - The property is set back from the pavement edge behind a small, gravelled fore-garden with natural stone wall and hand gate.
Side Garden - A lawned garden with natural stone walling, tree and tarmac area leading to garage. Potential further car standing space.
Rear Garden - The rear garden adjoins open fields and countryside with lovely views. The rear garden is grassed. Garage - 5.18 x 2.86 (16'11" x 9'4") - With double opening doors.
There is potential for a further off road car parking close to the garage. Driveway - To the side of the property is a tarmac driveway for one vehicle ( left hand side ).
Council Tax Band D - Potential Architect Drawings -
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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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
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FAQ
About Chapel House, Belper Lane End, Belper, Derbyshire
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