1-bedroom house · DE4 4DR
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grants of Derbyshire are delighted to offer For Sale this Grade II Listed three‐storey, one‐bedroom townhouse above a versatile retail premises.
Situated in the heart of Wirksworth, it enjoys an exceptionally prominent position, ideal for a wide range of businesses attracting local trade, secondary school footfall and visiting tourists.The ground floor provides a well‐proportioned shop and retail area together with a utility space and WC.
The upper accommodation offers generous living space including a large living room, dining kitchen, two bathrooms, a spacious double bedroom and an additional loft room.
Outside, there is an enclosed courtyard garden, providing a useful seating area for warm‐weather dining. The property requires a scheme of modernisation but presents excellent potential.
Viewing highly recommended. Virtual tour available.
Ground Floor Entered via the hardwood front door which leads directly into the: Commercial Premises Front (4.50m x 4.62m) With a front‐aspect window and a built‐in cupboard below housing the gas and electric meters, this room features a ceiling beam and original flagstone flooring.
A door leads to the staircase rising to the first floor, while an opening at the rear provides access to the adjoining space.
Commercial Premises Rear (2.97m x 3.85m) With two large side‐aspect windows and exposed floorboards, this room offers a characterful feel. A door to the rear opens to the store room.
Utility (1.37m x 2.88m) An ideal utility with plumbing for a washing machine and space for storage, with a door to the rear opening into the WC (1.39m x 0.99m) Fitted with a low‐flush WC and a wall‐mounted wash hand basin, with a side‐aspect window.
First Floor Stairs from the retail area rise to the first floor.
Sitting Room (4.77m x 2.93m) With a front‐aspect sash window complete with shutters, this characterful room features a beamed ceiling and exposed brick and stone walls.
A feature fireplace with a stone lintel houses an inset multi‐fuel stove, complemented by stripped floorboards.
Dining Kitchen (2.94m x 3.92m) Fitted with a range of wall and floor‐mounted kitchen units, together with a work surface incorporating an inset stainless‐steel sink and drainer, tiled splashback, built‐in gas hob and electric oven.
A spiral staircase leads up to the loft room, and a door to the rear opens into the bathroom. Bathroom (1.44m x 2.53m) Fitted with a panelled bath with shower over and a pedestal wash hand basin.
The room features a large rear‐aspect window and a door that opens to the WC (1.36m x 1.30m) Fitted with a low flush WC, wall hung wash hand basin with mixer tap and a side aspect window.
Staircase One Stairs rise from the living room to bedroom one.
Bedroom One (4.69m x 4.81m) A generous double bedroom featuring a front‐aspect window with shutters, stripped floorboards and a decorative fireplace that adds warmth and character.
Spiral Staircase The spiral staircase from the dining kitchen rises to the loft room.
Loft Room (3.29m x 3.95m) With a front‐aspect window fitted with shutters, stripped floorboards and a door to the rear leading through to the bathroom.
Bathroom (1.41m x 3.01m) Fitted with a three‐piece suite comprising a low‐flush WC, white pedestal wash hand basin and a panelled bath with a fitted shower screen.
Outside A small rear yard provides useful storage space and is ideal for outdoor dining.
Directional Notes Proceed down St John Street passed the pedestrian crossing for a short distance before number 17 is found on your left hand side.
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.
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FAQ
About 17 St. John Street, Matlock
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