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 work1-bedroom house · DE4 5BP
Listing removedReduced £15k (−10%) on 13 SepListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer For Sale this characterful, one bedroom cottage, positioned in the centre of this vibrant and sought after village of Crich From the cottage, there is easy access to village amenities and scenic countryside walks.
This charming home offers a wealth of original features , including exposed beams and traditional stonework.
The property provides a fantastic opportunity for buyers looking to undertake a modest scheme of improvement , allowing them to enhance the cottage’s period appeal while adding their own personal style.
Ideal for first‐time buyers, downsizers, or those seeking a unique home in a highly desirable Derbyshire village.
Alongside being ideal for first‐time buyers or downsizers, the cottage also presents excellent potential as a holiday let , thanks to its central village location, character features, and proximity to popular Derbyshire attractions.
Available fully furnished. Viewing Highly Recommended. Virtual Tour Available. No Upward Chain.
Living Room (3.72m x 3.46m) Entered via the part glazed panelled door, we step straight into this cosy and inviting reception room which has a number of original and attractive features such as exposed ceiling timbers, electric fireplace with stone hearth and exposed brick inglenook.
There is wall mounted shelving to the chimney breast, matching wall lights and a built-in cupboard which houses the gas meter.
A feature exposed stone wall and opening leads through to the Kitchen (3.75m x 1.90m) With a terracotta ceramic tiled floor and a traditional range of wall and base units with worktop over and inset stainless steel sink.
There is space and plumbing for a washing machine and an under-counter fridge/freezer. The staircase leads off to the first floor.
There is a rear aspect window, a wall mounted gas boiler and a freestanding gas cooker. A high level worktop on brick built piers provides space for dining.
First Floor On arrival at the first floor landing, the latched cottage door straight ahead leads into Bedroom (3.80m x 3.76m) A good sized double bedroom with feature exposed stone and brick walls, decorative fireplace, matching wall lights, exposed ceiling timbers and a range of matching fitted furniture including a glass-topped dresser, wardrobe and bedside cabinets.
There is a window to the front aspect.
Bathroom (2.41m x 1.90m) Fitted with a three piece suite comprising of a panelled bath with electric shower over, a vanity wash basin with storage cupboard beneath and a low flush WC.
There is an obscured glass window to the rear aspect. The wood panelled airing cupboard houses the hot water cylinder and has slatted shelving for linen etc.
Outside Space & Parking Please note that this home does not have any garden or outside space.
On street parking is available on a first come, first served basis along the common or just a short distance away at the Market Place.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 3 Surgery Lane, Matlock
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