Worst House on the Street Logo
Wakebridge, Matlock - Image 1
Wakebridge, Matlock - Image 2
Wakebridge, Matlock - Image 3
Wakebridge, Matlock - Image 4
Wakebridge, Matlock - Image 5
Wakebridge, Matlock - Image 6
Wakebridge, Matlock - Image 7
Wakebridge, Matlock - Image 8
Wakebridge, Matlock - Image 9
Wakebridge, Matlock - Image 10
Wakebridge, Matlock - Image 11

Wakebridge, Matlock

East Midlands

£350,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow, featuring three bedrooms, is situated on an elevated plot in the tranquil hamlet of Wakebridge, just on the outskirts of Crich. Surrounded by the picturesque Derbyshire countryside, this property offers a peaceful retreat with significant renovation and investment potential. The bungalow’s layout includes an entrance hall that leads to a spacious lounge, which benefits from natural light through large UPVC double-glazed windows. The kitchen is equipped with essential fixtures and presents an opportunity for modern updates. Each of the three bedrooms is well-proportioned, with two offering scenic views over the surrounding landscape. The bathroom is functional but could be enhanced to reflect contemporary standards. One of the standout features of this property is its extensive outdoor space. The generous gardens wrap around the home and include a tiered arrangement at the rear, offering plenty of room for landscaping or additional features. A detached garage provides secure storage or workshop space, and a shared gravel driveway allows convenient off-road parking. Additionally, there is a separate office or hobby room that has its own entrance and includes a multi-fuel burner—ideal for conversion into an annexe or guest suite, pending planning approval. This unique feature adds to the property's versatility and appeal for those looking to invest in rental opportunities or create additional living spaces. Overall, this bungalow not only offers comfortable living but also presents substantial opportunities for development—whether through extensions or enhancements to existing spaces—making it a promising prospect for any buyer seeking a blend of rural charm and investment potential in Derbyshire.

Investment Analysis

(DE4 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
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

Wakebridge, Matlock
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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