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Chapel Lane, Crich, Matlock

East Midlands

£199,950
Listed on 24/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
721 sqft

Description

This charming stone-built semi-detached cottage in Crich presents an appealing opportunity for renovation and investment. The property features a practical layout with an entrance leading into the kitchen, which includes matching wall and base units, as well as space for essential appliances. The spacious living room boasts a feature fireplace and a pantry under the stairs, adding character and potential for customization. A downstairs WC/utility area enhances functionality. Upstairs, two double bedrooms provide ample space, while a sizable four-piece bathroom offers possibilities for modern updates. Externally, the enclosed rear garden is a blank canvas ready for landscaping, while the front garden holds potential for off-road parking (subject to planning permission). With no chain involved, this property is ripe for those looking to create their ideal home or investment.

Investment Analysis

(DE4 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£277/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£244,552
10% above area average per sq ft
Potential ROI
+8.7%
After renovation
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

Chapel Lane, Crich, Matlock
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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
£708
Based on a loan of £149,962 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.

Stamp Duty Calculator

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