Bricks and Mortar says ..

Property Oracle says ..

The property is located in Cromford, Derbyshire, a village in the Derbyshire Dales district of East Midlands, England. The area benefits from being within a reasonable distance of several train stations including Cromford, Matlock Bath, and Matlock, served by East Midlands Railway. There are also several primary schools within a close proximity, all rated ‘Good’ by Ofsted. This suggests a reasonably convenient location for families. However, the provided data does not offer a detailed analysis of the immediate vicinity, such as the presence of local shops or other amenities.

Based on the photographs, the property appears to be a stone-built cottage that has been well-maintained. While the interior decor is eclectic, the structure itself seems to be in good condition. There is evidence of exposed beams and original features, suggesting character and potentially some historical significance. However, a full structural survey would be needed to confirm the overall condition.

The property has a small garden, which is visible in the provided photographs. While not extensive, it offers some outdoor space, which is a desirable feature in many properties. The garden appears to be terraced and includes a patio area and a small area with steps leading to a more wooded section.

The list price of £240,000 is significantly below the average house price in the area (£406,667). However, the property’s size (829 sqft) is also considerably smaller than the average (1278 sqft). The average price per sqft in the area is £318, meaning a property of this size might be expected to cost around £263,742 (829 sqft * £318/sqft). Considering the smaller size and the fact that the property is listed as a cottage, the price seems relatively reasonable, although a detailed comparison with similar properties in the area would provide a more definitive assessment. The lack of plot size data prevents a more precise valuation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images