2-bedroom flat · DE4 4FB
Listing removedListed 170 days · slow let
Opportunity summary
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About
Description ? An easily managed second floor flat within a convenient town centre location, which boasts a thriving community, art scene and a wide range of local shops and facilities.
The accommodation briefly comprises entrance hall and stairs, passageway, sitting room, kitchen, two bedrooms (one large, one smaller), bathroom, two cupboards.
The apartment would ideally suit the mature couple or perhaps single occupant seeking low maintenance living.
Good road communications lead to the surrounding centres of employment and the delights of the Derbyshire Dales and Peak District countryside are on the doorstep. Services ?
All mains services are available to the property. EPC rating - E Council tax ? Derbyshire Dales District Council Band B 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 take the A6 to Cromford before turning right at the traffic lights as signed Wirksworth.
Rise up The Hill continuing into Wirksworth, passing under the bridge before turning left into Coldwell Street. Coldwell House can be found on the left hand side.
Entrance to the flat is at the rear, approached under an arch to the Red Lion public house, through double green gates on the right hand side and down the steps.
Entrance and staircase Passage Kitchen Sitting room Bedroom (large) Bedroom (small) Bathroom
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 Coldwell Street, Wirksworth Matlock Derbyshire
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