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Griffe Grange Valley, Grange Mill, Matlock DE4

East Midlands

£550,000
Listed on 16/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This unique former public house, converted to residential use in the early 20th century, presents a remarkable opportunity for investors and renovators alike. Nestled within approximately 8 acres of expansive land, including gardens and woodland, the property also features two commercial-sized garages, perfect for various business or trade ventures. A stone-built annexe adds further value, providing adaptable accommodation that could benefit dependent family members or serve as a holiday let for additional revenue. Inside the main residence, you'll find a blend of character and functionality with oil-fired central heating and numerous original features. The layout comprises an entrance hall, multiple spacious reception areas—including a sitting room with a wood-burning stove—and a well-equipped breakfast kitchen with an aga range cooker. The first floor accommodates five double bedrooms, three with en-suite facilities, alongside a family bathroom. Outside offers ample parking and storage options, while planning has been approved for converting part of the site into holiday accommodation. This property is ripe for refurbishment and development potential—an ideal canvas for those looking to create something special.

Investment Analysis

(DE4 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £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
19%
Properties sold annually

Local Market Trend (DE4)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -4.0%
5 year growth: 11.2%
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

Griffe Grange Valley, Grange Mill, Matlock DE4
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE