2-bedroom house · DE4 4FF
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a quiet lane yet right in the heart of historic Wirksworth, this charming two‐bedroom cottage offers plenty of character, with exposed wooden beams throughout the home, creating a warm and inviting feel.
The ground floor features a dining kitchen and a cosy sitting room complete with an open fire.
Upstairs, there is a double bedroom enjoying far‐reaching views, a second single bedroom that also lends itself well to use as a home office and a bathroom.
To the rear, a generous shared garden provides an excellent spot for outdoor dining.
The property benefits from an air‐source heat pump, replacing the former gas central heating system and offering impressive energy efficiency.
There is also scope to create additional accommodation by converting the loft into a spacious double bedroom, subject to the necessary planning permissions. Offered with no upward chain.
Viewing is highly recommended.
EPC Rating: D Ground Floor To the front of the property is the entrance door opening into the Dining Kitchen (2.71m x 3.77m) With ceramic tiled flooring, this kitchen features a range of base units, a gas cooker, and space for an under‐counter fridge and washing machine.(Can be included in the sale) The stainless‐steel sink sits beneath a multi‐paned front window, and a wooden door to the rear opens into the Sitting Room (3.31m x 3.81m) This warm and welcoming sitting room features exposed wooden beams to the ceiling and a stone open fireplace that creates a pleasant focal point.
French doors at the rear offer far‐reaching views and open directly onto the shared garden. First Floor Stairs from the kitchen rise to the first floor landing.
Bedroom One (2.35m x 3.42m) A double bedroom with fantastic far reaching views through the rear aspect window.
Bedroom Two (2.68m x 2.11m) This would make an ideal single bedroom, or a great home office. With a window to the front aspect allowing plenty of natural light.
Bathroom (1.87m x 1.56m) With a small window to the front aspect, this bathroom is fitted with a three piece suite comprising low flush WC, pedestal wash hand basin and a panelled bath with mains shower over.
Outside Immediately to the rear of the home is a good sized shared garden which is mostly lawned, used by six other properties for sitting out and clothes drying.
Directional Notes From our office in Wirksworth, proceed along Harrison Drive in the direction of Cromford.
Shortly after passing the Co-op on the left hand side, turn right onto North End and then immediately right onto Chapel Lane where the property will be found on the left hand side.
We recommend parking on North End or Harrison Drive and walking across to the property.
Value & comps
No previous sales on record.
Returns
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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 16 Chapel Lane, Matlock
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