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Bridge Street, Belper, Derbyshire

East Midlands

£650,000
Listed on 20/03/2025

Property Details

Bedrooms
9
Type
Detached house

Description

This distinctive nine-bedroom detached former vicarage offers significant renovation and investment opportunities. Constructed in approximately 1857 by the architect H.J. Stevens, this Grade II Listed property showcases a striking stone façade and retains many original character features, making it an intriguing project for those looking to restore a piece of local history. The expansive layout spans three floors, providing considerable space that could be adapted for various uses. Currently maintained as a residential property, it presents potential for conversion into multiple apartments, educational facilities, or even commercial headquarters, subject to the necessary planning permissions. The interior includes numerous reception rooms, a dining kitchen with utility space, and ample basement cellarage, all ready for refurbishment. On the ground floor, you will find an inviting reception hall leading to three generously sized reception rooms that offer flexibility depending on your vision for the property. The first floor accommodates four double bedrooms—one featuring an ensuite—as well as a family bathroom. The second floor adds five more spacious bedrooms, enhancing the versatility of this sizable home. Set within extensive mature grounds that provide privacy and outdoor space, the property also includes a large detached garage and ample parking options. With gas central heating already installed in part and some double glazing present, these features provide a foundation from which renovations can be built upon. Located in Belper—a popular market town with essential amenities such as shops, schools, recreational facilities, and transport links including a railway station—this property's location further enhances its appeal for investors. Its generous proportions combined with the potential to adapt or develop make it a compelling opportunity for those looking to invest in real estate with significant future value. Access considerations are notable; while the side pedestrian access is shared with adjacent church properties leading to private spaces at the rear of the house and garden areas, this has minimal impact on the potential uses of this remarkable building. Immediate vacant possession allows for quick renovations to commence after purchase. Overall, this residence presents not just a home but also an opportunity—whether it's a grand restoration project or an investment redesigning its use entirely.

Investment Analysis

(DE56 area)
Area Average
£298/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.0%
Monthly Sales
35
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE56)

Area prices are falling by +3.3% over the last 12 months
3 year growth: -2.0%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on DE56 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.

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Location

Bridge Street, Belper, Derbyshire
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