2-bedroom flat · DE4 5NR
To rentReduced £30 (−3.2%) on 16 SepListed 152 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description ? A spacious first floor two bedroom apartment, located within this impressive Grade II listed former Mill building, by the side of Bentley Brook.
The accommodation benefits from a secure intercom entry system, lift access and the use of mature communal grounds, and comprises good sized hallway, well proportioned open plan kitchen and sitting / dining room, two double bedrooms and bathroom.
There is also allocated parking for one vehicle, with further visitor parking bays available.
The apartment would ideally suit the professional couple, single occupant or active retirees looking for easily managed accommodation. A viewing is highly recommended to appreciate the space on offer.
The apartment block sits within a picturesque location on the outskirts of Matlock, yet within ready access to all the amenities and facilities in the town centre.
Good road communications lead to the neighbouring centres of employment to include Bakewell, Chesterfield and Alfreton, with the cities of Sheffield, Derby and Nottingham all within daily commuting distance.
The delights of the Derbyshire Dales and Peak District countryside are on the doorstep. Viewings ? Via the Matlock Office . To let - Unfurnished Services ?
All mains services are available to the property. EPC rating - C Council tax ? Derbyshire Dales District Council Band C tenancy ?
Six month Assured Shorthold Tenancy with opportunity for a longer period subject to a satisfactory occupancy. The Tenant will be responsible for Council Tax, water rates and all statutory costs.
Directions ? From Matlock Crown Square, take Causeway Lane out of the town, passing the football ground and Hall Leys Park and through Matlock Green.
Continue up The Cliff, A615, and after approximately a quarter of a mile turn left into Lumsdale Road, drop down Lumsdale Road before turning left into the Mill development.
Apartment 7 can be found at first floor level.
Communal entrance Entrance hallway Sitting / dining room - 5.65m ( 18'7'') x 4.35m ( 14'4'') Kitchen - 3.97m ( 13'1'') x 3.22m ( 10'7'') Bedroom 1 - double - 3.39m ( 11'2'') x 3.10m ( 10'3'') Bedroom 2 - double - 3.10m ( 10'3'') x 2.80m ( 9'3'') Bathroom - 1.98m ( 6'6'') x 1.89m ( 6'3''): With shower over the bath.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Baileys Mill, Bentley Brook Matlock Derbyshire
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