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Detached house for sale
Homesford Cottage, Whatstandwell, Matlock, Derbyshire DE4 5HJ
£350,000
Homesford Cottage, Whatstandwell, Matlock, Derbyshire DE4 5HJ
£350,000
Our Summary
- For sale on 31 July 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- In our opinion, if the property were to be let as individual units based on AST contracts, subject to necessary planning and improvements, we would estimate a combined rental income in the region of £40,000 to £45,000 per annum
- The spacious two-bedroom owners accommodation offers the potential for additional letting space
- Auction: 31
Description
Homesford Cottage is a rare freehold opportunity to acquire a large character property comprising three self-contained holiday apartments, owners' accommodation, and two one-bedroomed self-contained units. The property was previously run as a holiday-let cottage business, generating a turnover of £34,974 in 2021, and has the potential to produce a combined rental income of £40,000 to £45,000 per annum if let as individual units. The property benefits from a strong location on the edge of the Peak District National Park, stunning views, and a large car park. The internal accommodation is furnished and includes en-suite bedrooms, living areas, and kitchens, with the potential to convert part of the extensive private accommodation for additional lettable space.