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Chapel Lane, Wirksworth, DE4

East Midlands

£170,000
Listed on 04/03/2026

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled in a tranquil lane at the center of the historic town of Wirksworth, this two-bedroom cottage presents a unique opportunity for renovation enthusiasts. Character is abundant, with exposed wooden beams adding to the charm throughout the home. The ground floor comprises a dining kitchen equipped with essential amenities and a comfortable sitting room featuring an inviting stone open fireplace - perfect for modernizing while preserving its original appeal. Upstairs, you will find a double bedroom boasting stunning views, alongside a versatile single bedroom that makes for an excellent home office. The bathroom is functional and could be refreshed to enhance aesthetic appeal. The shared rear garden offers ample outdoor space ideal for relaxation and social gatherings, along with a useful outbuilding tailored for additional storage needs. There’s significant potential to extend by converting the loft into another spacious double bedroom, pending planning permission. Furthermore, the property benefits from an energy-efficient air source heat pump system. Offered with no upward chain and EPC rated D, this cottage is not only a cozy residence but also an appealing investment opportunity for those looking to capitalize on its charm and enhance its value through strategic renovations.

Investment Analysis

(DE4 area)
Area Average
£306/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
64%
Properties sold annually

Local Market Trend (DE4)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -2.9%
5 year growth: +9.3%
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

Chapel Lane, Wirksworth, DE4
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 over 30 years at 4.06% 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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