It lies beside Sleightholme Beck, a tributary of the River Greta.
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Below the hamlet Sleightholme Beck passes through a narrow valley, known as The Troughs, which is a Site of Special Scientific Interest.
In March 2009, Sleightholme gave evidence in the court case against Jeremy Keith, Murdo Mackay, Derby County's former finance director Andrew MacKenzie, accountant Mark Waters and solicitor David Lowe who were all charged in relation to a fraud allegation centred on a loan from a Panama-based company that effectively saved Derby County after their relegation from the Premiership.
The site covers a gorge in the valley of Sleightholme Beck between the hamlet of Sleightholme and the confluence with the River Greta, some 3 km upriver from the village of Bowes.