2-bedroom terraced house · DE4 3QH
Listing removedListed 161 days
Opportunity summary
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About
BENNET SAMWAYS are delighted to offer for sale this charming two-bedroom Grade II listed mid-stone cottage, set in the beautiful village of Cromford within the Derbyshire Dales.
The property offers a gross internal area of approximately 650sq.ft. and is available with NO CHAIN. Could be an ideal first time buy, second home or a great downsize!
Interior – Stepping into the cottage, you are greeted by a welcoming lounge/diner packed with character, featuring a beamed ceiling and a striking stone fireplace with a gas stove fire.
There’s also a useful storage cupboard and stairs leading to the first floor.
The kitchen, while compact, offers a selection of cabinets and worktops, space for a cooker and fridge, a quarry-tiled floor, and a door leading out to the garden.
On the first floor, a further staircase rises to the second floor, and there is a door into the generous master bedroom, which includes a stone fireplace and a storage cupboard.
Finally, on the second floor, there is a second bedroom and a fitted bathroom. Exterior – To the front of the cottage is a parking space providing valuable off-road parking.
The rear garden, while undeniably charming, is steep and may not suit everyone.
Immediately outside the kitchen is a small yard with steps leading up to a stone outbuilding and a raised decked seating area, which enjoys lovely views over the cottage rooftops.
Further steps lead to the top garden area, which includes a garden shed and stunning views across Cromford.
Locality - Cromford is a charming and historically significant village nestled within the picturesque Derbyshire Dales, on the edge of the Peak District National Park.
Renowned as the birthplace of the modern factory system, Cromford is home to the UNESCO World Heritage-listed Cromford Mills, founded by Sir Richard Arkwright in the 18th century.
The village offers a unique blend of industrial heritage and natural beauty, with scenic walks along the Cromford Canal and surrounding countryside.
Residents benefit from a strong sense of community, a selection of independent shops, pubs, and cafes, as well as convenient access to nearby towns such as Matlock and Wirksworth.
With its rich history, stunning surroundings, and excellent transport links—including a railway station with direct services to Derby—Cromford is an attractive location for those seeking a balance of rural tranquillity and modern convenience.
Owner's perspective - "In 2002, we purchased 40 Water Lane as a second home and embarked on a thoughtful renovation to preserve the period charm of this original Arkwright Weavers’ cottage.
Since then, the property has been well-cared for and gradually improved. While we are now reluctantly offering it for sale, we hope it will bring as much joy to its next owner as it has to us.
The cottage is warm, welcoming, and easy to maintain, and is presented in very good order throughout.
A beautifully tended cottage garden, with dry stone terracing leading up to the woodland behind, offers peaceful, elevated views.
Cromford, a vibrant village with a strong community spirit, boasts excellent bus and rail links and rich historical significance as part of a UNESCO World Heritage Site.
Just five minutes away, you’ll find the renowned Scarthin Books, along with cafés, canal walks, and all the charm the area has to offer.
Whether as a first home, second home, or holiday let, this is a rare opportunity to acquire a delightful property in one of Derbyshire’s most characterful and well-connected locations." Location - what3words: ///furniture.inefficient.reinforce - Postcode: DE4 3QH Material Information Guidance Notes - Tenure: Freehold.
Council Tax: Derbyshire Dales band A. Services: Mains water, mains electricity, mains gas, mains drainage and internet connection.
The property is Grade II Listed and is located in a conservation area of Cromford. Estimated highest broadband speeds available via Ofcom are 5mb standard, 68mb superfast & 1,000mb ultrafast.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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