This charming three-story stone cottage presents a unique opportunity for renovation and investment in the historic village of Cromford. Situated alongside the Greyhound Hotel, this property features a ground-floor commercial space and a two-bedroom maisonette above, allowing for versatile usage. With some modernization, it could be transformed back into a spacious three-bedroom residence or maintained as two separate rental units.
Character-rich elements such as single-glazed sash windows and gas central heating subtly enhance the property’s appeal, while the layout includes a kitchen, living room, bathroom, and two bedrooms upstairs. The retail space below is complemented by an additional storage area/office and a convenient WC. A small rear yard provides potential for outdoor seating, perfect for enjoying the local environment.
Cromford itself is recognized as a World Heritage Site with deep historical roots tied to the early Industrial Revolution. As part of an Outstanding Conservation Area, it boasts many listed buildings and local amenities including shops, schools, cafes, and renowned attractions like Scarthin Books. The proximity to Matlock to the north and Wirksworth to the south broadens access to more extensive services. Additionally, outdoor enthusiasts will appreciate easy access to the Peak District National Park and Carsington Water's recreational activities.
Investors should note that this property offers considerable potential for value appreciation following renovations. The anticipated resale value post-renovation is approximately £275,000. With convenient transport links via the nearby A6 and a railway station in Cromford providing connections to Derby and London St Pancras, this location appeals not just for personal use but also as an investment opportunity in a vibrant community setting.
This property comes with no upward chain, allowing for straightforward acquisition under current auction terms. Prospective buyers are encouraged to assess its condition personally prior to bidding due to its binding nature upon acceptance of an offer.
