1-bedroom flat · DE4 3GL
For saleListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£90,000 - £100,000 (Guide price) A well presented 1 bedroom ground floor apartment, converted within the The Old Methodist Church and located within walking distance of the centre of Matlock.
Offering 344 sqft of accommodation, the apartment features stained glass windows and benefits from a communal entrance hallway with access to a shared storage room.
The accommodation comprises; Entrance foyer, open plan living area and kitchen with island and integrated appliances. Double bedroom with fitted wardrobe space and shower room.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
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FAQ
About Apartment 2 Old Methodist Church, Bank Road, Matlock
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