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Quarry Cottages, Shottle, Belper

East Midlands

£300,000
Listed on 30/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
915 sqft

Description

This three-bedroom stone-built semi-detached property presents a unique opportunity for renovation and investment. Set on approximately 0.2 acres, the property features a spacious plot with established gardens, mature trees, and a selection of outbuildings that can be utilized for various purposes, such as storage or workshops. Located in the tranquil village of Shottle, the property offers scenic views and is conveniently positioned near the Peak District National Park. The nearby towns of Belper (4.3 miles) and Wirksworth (3.6 miles) provide access to amenities and services, while Matlock (8.7 miles) and Ashbourne (10.2 miles) are also within easy reach. For those commuting or seeking urban conveniences, Derby is just 10 miles to the south. Upon entering the home, you’re greeted by a hallway leading to a living room that overlooks the front garden. The dining kitchen is situated at the rear of the house and includes original tiled flooring along with fitted units, providing a good foundation for updates or expansion (subject to planning permission). A utility room off the hallway adds practical storage space. The first floor consists of three sizable bedrooms—one with built-in storage—and a family bathroom equipped with essential facilities. Externally, the property’s grounds offer ample outdoor space characterized by charming cottage gardens enclosed by traditional dry stone walling. This setting not only provides privacy but also an inviting environment for those who appreciate gardening or outdoor activities. A gated driveway accommodates multiple vehicles, enhancing convenience. This property requires some internal modernization but has excellent potential for those looking to add value through renovations or extensions. With its desirable location and significant plot size, there is considerable scope for development in line with modern living requirements. The property benefits from mains electricity and water supply, oil-fired central heating, and shares a septic tank with associated maintenance costs. In summary, this home stands as an appealing option for investors or buyers seeking a project that promises both personal enjoyment and future value enhancement in a picturesque village setting close to stunning countryside vistas.

Investment Analysis

(DE56 area)

Above Market Value

This property is priced +10.9% above area average per sq ft

+10.9%
This Property
£328/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£297,521
10% above area average per sq ft
Potential ROI
-15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE56)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -0.8%
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.

Location

Quarry Cottages, Shottle, Belper
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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
£1,099
Based on a loan of £225,000 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