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Chevin Road, Milford, Belper, Derbyshire - Image 1
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Chevin Road, Milford, Belper, Derbyshire

East Midlands

£495,000

Listed on 11/09/2026

The listing

Property details

Bedrooms
4
Type
Cottage
Area
1778 sqft

Description

This distinctive four-bedroom detached cottage presents an excellent opportunity for those looking to undertake a renovation project. Set within a spacious plot, the property boasts a south-facing garden, ideal for gardening enthusiasts. While the cottage requires modernisation, it is filled with potential to be transformed into a beautiful family home. Located in the desirable village of Milford, the property offers easy access to nearby towns such as Duffield, Belper, and Holbrook, which provide a variety of amenities, schools, and recreational activities. The absence of a chain ensures a smoother transition for prospective buyers. Nestled in the Derwent Valley World Heritage Site, the location allows for enjoyable countryside walks and convenient transport links, including regular bus services and Belper railway station with direct routes to Derby and Nottingham. The accommodation includes a welcoming entrance hall/dining room, a spacious lounge with a character fireplace, a study, and a kitchen/dining room equipped with essential appliances. The lower level features four well-proportioned bedrooms and a family bathroom. The property also includes a block-paved driveway for three vehicles and a garage, further enhancing its appeal.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

53out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This four-bedroom detached cottage in Milford presents a solid project opportunity for buyers looking to create a personalized home. While the interiors are dated and require significant updating, the property features unique character elements and a south-facing garden, making it a promising canvas for transformation. The asking price of £495,000 is set at £278/sqf, which is 6% below the local average of £296/sqf, suggesting reasonable value for the location.

However, prospective buyers should note that the all-in costs, estimated around £555,000, appear tight against current local benchmarks. This could limit potential margins once the renovation is complete, but the character and setting of the cottage in the Derwent Valley World Heritage Site offer significant appeal. With no chain involved, this property could be an excellent choice for those ready to invest in a project with great potential.

Key opportunities

  • Potential to modernize and enhance the unique character features throughout the cottage.
  • Opportunity to create a stunning family home in a highly regarded village.
  • Generous south-facing garden ideal for landscaping and outdoor living.

Key risks

  • Medium project scale with significant updating required throughout.
  • Potential hidden issues due to overall wear and age of the property.
  • Tight renovation budget relative to local market benchmarks.

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Map

Location

Chevin Road, Milford, Belper, Derbyshire
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,870
Based on a loan of £371,250 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.

Tax

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