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Holt Road, Hackney, Matlock, DE4 2QD

East Midlands

£230,000
Listed on 17/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
714 sqft

Description

This semi-detached bungalow presents a compelling opportunity for renovation and investment, situated on a peaceful no-through road at the edge of town. With expansive views over the Derwent Valley, the property offers a serene backdrop that enhances its potential. Inside, you'll find two spacious bedrooms, providing ample room for creative reconfiguration or modernization. The living room is equipped with an open fire, adding both charm and warmth, while the fitted kitchen and bathroom are ripe for updates to reflect contemporary tastes. The south-facing terraced gardens are a standout feature, allowing for outdoor enjoyment amidst picturesque countryside views. This space could be transformed into an appealing area for relaxation or entertaining, further enhancing the property’s appeal. Utilities at the property include mains electricity, water, and drainage. Heating is currently provided by the open fire along with storage heaters, offering options for system upgrades to improve efficiency and comfort. Given its location on the outskirts of town, this bungalow not only benefits from tranquility but is also conveniently accessible to local amenities. Such factors contribute to its strong investment potential—whether you’re looking to enhance your own living space or seeking a project with good resale prospects. As a freehold property in council tax band 'C', it represents a viable choice for buyers interested in exploring renovation opportunities in a sought-after area. This property invites those with vision to unlock its full potential through thoughtful updates and improvements.

Investment Analysis

(DE4 area)

Above Market Value

This property is priced +6.5% above area average per sq ft

+6.5%
This Property
£322/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£237,544
10% above area average per sq ft
Potential ROI
-8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE4)

Area prices are falling by +5.3% over the last 12 months
3 year growth: -2.6%
5 year growth: 10.7%
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.

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Location

Holt Road, Hackney, Matlock, DE4 2QD
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