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Oker, Matlock, Derbyshire, DE4

East Midlands

£165,000
Listed on 23/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
809 sqft

Description

This charming semi-detached house, originally built in the 1930s, maintains its traditional character with rendered elevations and appealing brick detailing, complemented by a classic timber gable at the front. While the property would benefit from some external maintenance and internal updates, it presents an excellent opportunity for those looking to invest and create a comfortable living space tailored to their preferences. Situated in the picturesque village of Oker, this home is surrounded by the stunning Derbyshire countryside. Notably, Oker Hill offers numerous walking paths for outdoor enthusiasts. The property is conveniently located just outside the Peak District National Park, approximately two miles from Matlock's town center, which boasts a variety of shops and local amenities. Access to nearby towns such as Bakewell, Chesterfield, and Alfreton is straightforward via the local road network, making it feasible for commuters to reach larger cities like Sheffield, Derby, and Nottingham daily. The accommodation begins with a hardwood front door leading into an entrance hall that features stairs ascending to the first floor and a handy storage cupboard underneath. The sitting room (4.89m x 3.08m) benefits from natural light provided by a front-facing bay window and an additional window linking to the conservatory at the rear. A solid fuel fire set within a stone surround adds warmth and character to this inviting space. The dining kitchen (4.36m x 3.05m) is accessible from the hall and features windows overlooking the rear garden as well as side views. This area includes oak-fronted cupboards, ample work surfaces, an electric hob with under-counter oven, and space for necessary appliances. Adjacent is a conservatory (4.10m x 2.10m) constructed from uPVC double glazing; it provides lovely garden views along with vistas towards Bonsall Moor. On the first floor landing are three bedrooms: Bedroom 1 (3.08m x 1.80m) is a cozy single room positioned at the front; Bedroom 2 (3.08m x 2.94m) is a double room that enjoys scenic views of Snitterton and Bonsall Moor; while Bedroom 3 (3.05m x 2.94m), also generous in size with built-in wardrobes and airing cupboard space, shares similar captivating views over the surrounding countryside. Outside, a gravelled forecourt offers off-street parking alongside herbaceous borders providing privacy at the boundary line. The rear garden has become overgrown but features

Investment Analysis

(DE4 area)

Below Market Value

This property is priced -32.4% below area average per sq ft

-32.4%
Potential saving
This Property
£204/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£268,527
10% above area average per sq ft
Potential ROI
+34.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE4)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -4.0%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on DE4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Oker, Matlock, Derbyshire, DE4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£604
Based on a loan of £123,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE