2-bedroom house · DE4 3RF
Listing removedListed 86 days
Opportunity summary
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About
This endearing, Grade II listed, two/three bedroom, mid terraced cottage is located in the heart of the popular and sought after village of Cromford.
This home, arranged over three floors has a wealth of character and original features, is extremely well presented throughout & is currently run as a successful holiday let.
The accommodation briefly comprises; sitting/dining room, kitchen, rear porch and WC to the ground floor, a spacious double bedroom and a contemporary shower room to the first floor and a larger than average bedroom to the second floor, which could be converted back to two smaller bedrooms if desired.
Outside there is a delightful courtyard garden with two stone built outbuildings and on-road parking can be found right in front of the cottage itself.
Ground Floor The property is entered via the substantial wood panelled front door which opens into the sitting/dining room.
Sitting / Dining Room (3.52m x 3.48m) With wood effect vinyl flooring, matching wall lights, painted ceiling beam and a front aspect, multi-paned window with secondary glazing.
There's ample space for both living and dining furniture and the focal point of this room is the eye-catching stone fireplace housing the Chesney's wood burning stove, perfect for a cosy night in.
A wooden cottage door leads through to the kitchen.
Kitchen (2.74m x 2.07m) With a continuation of wood effect vinyl flooring and a stone mullioned window to the rear which overlooks the quaint garden.
This room is fitted with a range of light grey, shaker style base units with contrasting marble effect worktops, white tiled splashbacks and a grey composite sink with mixer tap over.
Integrated appliances include an electric oven with electric hob and extractor over and there is space and plumbing for a free-standing dishwasher (or washing machine) and a free-standing fridge/freezer.
A cottage door opens to reveal the understairs storage cupboard, ideal for household items. Two further wooden doors lead to the rear porch and the enclosed staircase.
Rear Porch (1.40m x 1.21m) A most useful room with wood effect vinyl flooring, providing storage space for boots, coats etc.
There is a window to the rear aspect and a part glazed door which leads out to the garden. A cottage door opens into the downstairs WC.
Downstairs WC (1.13m x 0.93m) With a continuation of wood effect vinyl flooring and navy blue wall panelling, this room is fitted with a dual flush WC and a wall hung wash hand basin.
First Floor From the kitchen a cottage door opens to reveal an enclosed staircase which rises to the first floor landing.
Here, doors open to bedroom one and the shower room and a second staircase rises to the second floor.
Bedroom One (3.54m x 3.51m) A spacious double bedroom with stripped pine wooden flooring and a front aspect, multi-paned window with secondary glazing.
This room also has an original stone built fireplace with cast iron grate, giving this room a pleasant focal point.
Shower Room (2.11m x 1.67m) With a polished limestone tiled floor covering and a rear aspect stone mullioned window overlooking the garden.
This room is fitted with a modern and stylish three piece suite comprising; walk-in shower enclosure with full height glass screen and thermostatic shower over, a vanity style wash basin with storage cupboard beneath and an illuminated mirror over and a dual flush WC.
This room also has an extractor fan and a small radiator. Second Floor From the first floor landing, a second staircase rises to the second floor where a cottage door leads into bedroom two.
Bedroom Two (6.17m x 3.57m) A larger than average bedroom with wide board wooden flooring, a multi-pane window with secondary glazing to the front aspect and a stone mullioned window to the rear aspect, providing a good level of natural light.
There is access to the loft which has been insulated and boarded for storage and there are two built-in storage cupboards, one of which houses the combination boiler which provides the hot water and gas central heating for the home.
This room was probably two bedrooms in the past and a partition wall and adjustment to the doorway off the staircase could easily be reinstated to create two separate rooms if desired.
Council Tax Information We are informed by Amber Valley Borough Council that this property falls within Council Tax Band A which is currently £1555.00 per annum.
The annual Council Tax charge has been supplied in good faith by the property owner and is for the tax year 2026/2027.
It will likely be reviewed and changed by the Local Authority the following tax year and will be subject to an increase after the end of March.
Directional Notes From our office on St John Street in Wirksworth, continue along Harrison Drive in the direction of Cromford.
As you descend down the hill towards Cromford Market Place, the property is located on the right hand side, as identified by our for sale board.
Rear Garden Immediately to the rear of the home there is the most pleasant courtyard garden which is laid with paving stones and pebbles, enjoying a good level of privacy and providing the perfect spot for alfresco dining.
Rear Garden The first outbuilding, the former washroom for this row of cottages has been renovated with the aid of a heritage grant and has power and light.
This is a most useful storage area for garden furniture and bikes etc (2.85m x 2.14m). The outbuilding next door, perhaps a former outhouse/fuel store requires some refurbishment (1.15m x 1.01m).
The occupants of number 9 have a right of access along the back of the gardens of the neighbouring properties. Parking - On Street Street parking is available on a first come, first served basis.
There is a time limited parking area just outside of the house.
Value & comps
No previous sales on record.
Returns
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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 9 The Hill, Matlock
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