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Griffe Grange Valley, Grange Mill, Matlock

East Midlands

£550,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This former public house, converted into a residential property in the early 1900s, presents a significant renovation opportunity on an extensive 8-acre plot that includes both gardens and surrounding woodland. The site features ample space for development, including two large garages that can accommodate various trades or be repurposed with appropriate permissions. There is also a stone-built annexe suitable for dependent relatives or potential rental income through holiday lets. The main house retains many original characteristics and comprises multiple reception areas, a spacious kitchen with an AGA cooker, five bedrooms (three with en-suites), and extensive outdoor gardens rich with diverse flora. Furthermore, planning consent is already in place for converting a barn on the premises into additional holiday accommodation. This blend of history and investment potential makes the property an intriguing prospect for developers or investors looking to capitalize on its existing features while implementing modern upgrades.

Investment Analysis

(DE4 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE4)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -4.0%
5 year growth: 11.2%
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.

Location

Griffe Grange Valley, Grange Mill, Matlock
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 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