Three-storey project with shop potential and pretty village pond views.
- Grade II listed, in a conservation area; consent needed for many changes
- Three-storey stone property: retail unit below, two-bedroom maisonette above
- Guide price £88,000; auction sale, 10% deposit and buyers’ fee apply
- Requires full modernisation; single-glazed sashes and dated fixtures throughout
- Easily reinstated as a three-bed house or continue as two lettable units
- Small rear yard; on-street parking directly outside (first come, first served)
- Medium flood risk; EPC exempt due to listed status
- Anticipated post-refurb resale potential quoted circa £275,000
Set in the heart of Cromford’s historic Market Place, this Grade II listed three-storey stone property combines a ground-floor retail space with a two-bedroom maisonette above. The building retains period character—sash windows, feature fireplaces and high ceilings—offering clear scope for a sympathetic refurbishment or conversion back into a single three-bedroom cottage. A small rear yard provides outside space; on-street parking is available directly outside.
For an investor or experienced renovator this is a practical auction opportunity. The property is being sold freehold at auction with a guide price of £88,000 and an anticipated resale value (post-refurbishment) suggested at around £275,000. It already functions as two separate units (shop + maisonette), so immediate rental income is possible once remedial works are completed.
Buyers should be clear about constraints and costs: the building is Grade II listed and located in a conservation area, so external and certain internal works will need listed-building consent. The property requires modernisation throughout—single-glazed sash windows, dated fittings and an overall refurbishment programme will be needed. Flood risk is assessed as medium and the EPC is exempt due to listed status.
The auction route brings fixed sale terms: a 10% deposit (minimum £5,000) plus a non-refundable buyers’ fee applies, and contracts are binding on sale. Prospective bidders should review the Legal Pack, arrange a viewing, and obtain listed-building and flood-risk advice before bidding.
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