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School Lane, Parwich

East Midlands

£539,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This charming detached stone cottage, with origins tracing back to around 1686, is nestled in the picturesque village of Parwich within the Peak District. Its prime location offers easy access to local amenities such as schools, pubs, and scenic walking trails. The accommodation consists of three bedrooms and two reception areas, making it a versatile space for families or those looking to invest. A standout feature is the south-facing garden that enhances the appeal of this property, which is being offered with no upward chain. Notably, full fibre broadband availability makes it suitable for remote working while enjoying a peaceful rural lifestyle. The site further boasts two adjoining outbuildings—an impressive former stable block and a bakery/boiler house—both spanning two stories. These outbuildings present a fantastic opportunity for enhancement into additional living space or studio workspaces (pending planning permissions). With its substantial outdoor potential and an inviting interior featuring multi-fuel burners in both reception rooms, this cottage represents a valuable renovation prospect in a sought-after village known for its community spirit and active lifestyle offerings. Parwich is renowned not only for its tranquility but also for vibrant local culture, including various clubs and societies. Its ideal positioning ensures that key cities such as Derby and Nottingham are accessible while maintaining a rural charm.

Investment Analysis

(DE6 area)
Area Average
£311/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE6)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -8.5%
5 year growth: 15.8%
Investment Disclaimer: Analysis based on DE6 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

School Lane, Parwich
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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
£1,974
Based on a loan of £404,250 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