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The Common, Crich, Derbyshire, DE4

East Midlands

£430,000
Listed on 04/04/2026

Property Details

Bedrooms
3
Type
House

Description

Presenting an exceptional investment opportunity in the form of this detached former public house, now with planning permission for conversion into residential accommodation. Currently configured as a spacious venue, this property offers a versatile layout, which can be adapted to create either a three-bedroom or four-bedroom residence. Located in the sought-after village of Crich, known for its local amenities and community atmosphere, this property is an ideal candidate for renovation enthusiasts or developers looking to capitalize on its potential. The original features such as leaded light windows and exposed stone walls provide character and charm which could be retained or enhanced during the refurbishment process. The existing structure offers ample space including multiple reception areas and bathrooms, which would allow for creative interior design solutions tailored to modern living. As part of the renovation plan, there is potential to expand further by utilizing the adjoining plot that also has planning consent for additional dwellings. This project promises not only a rewarding transformation but also the possibility of increased value upon completion.

Investment Analysis

(DE4 area)
Area Average
£308/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
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
10%
Properties sold annually

Local Market Trend (DE4)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -2.2%
5 year growth: +9.9%
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

The Common, Crich, Derbyshire, DE4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,523
Based on a loan of £322,500 over 30 years at 3.91% 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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