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Hopping Hill, Milford, DE56

East Midlands

£230,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
786 sqft

Description

Nestled in the picturesque Milford village, this Grade II listed stone cottage offers a significant opportunity for investors and home renovators alike. Maintained within the same family for decades, this three-storey property is now poised for transformation, allowing new owners to infuse their personal style while preserving its historical essence. The interior showcases an array of original features such as exposed beams and a charming stone fireplace in the lounge that adds character and warmth. The kitchen retains functional elements with ample workspace, yet invites modernization to elevate its appeal. The rear garden presents a particularly attractive feature, tiered with established planting and mature trees that create a serene outdoor retreat. Sweeping views over the Derbyshire hillside can be enjoyed from the upper levels, emphasizing the home's connection with nature. Three well-sized bedrooms are spread across the first and second floors, retaining delightful period features that enhance their charm. Milford's desirable location ensures easy access to local amenities, including scenic river walks and welcoming public houses. With an EPC rating of D, there's potential for energy efficiency upgrades as well. This property represents a unique chance to shape a home reflective of contemporary tastes while respecting its rich heritage.

Investment Analysis

(DE56 area)

Below Market Value

This property is priced -2.0% below area average per sq ft

-2.0%
Potential saving
This Property
£293/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£258,126
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DE56)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -3.7%
5 year growth: +4.7%
Investment Disclaimer: Analysis based on DE56 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

Hopping Hill, Milford, DE56
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£869
Based on a loan of £172,500 over 30 years at 4.45% 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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