1-bedroom flat · DE4 3WA
Listing removedListed 116 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description ? A very well presented ground floor two bedroom apartment conveniently situated close to Matlock?s town centre.
The accommodation has the added benefit of an allocated parking space, plus visitor parking (shared with flat 5).
The flat would ideally suit the active retiree or busy professional looking for low maintenance living and appreciative of the particularly convenient town location, which provides a wide range of shops, bars, restaurants / cafes and other amenities.
Good road links lead to the surrounding market towns of Chesterfield, Alfreton and Bakewell and the delights of the Derbyshire Dales and Peak District countryside are on the doorstep. Viewings ?
Via the Matlock Office . To let ? Part / unfurnished Outside & parking Services ? Mains water, electricity and drainage are available to the property. EPC rating - C Council tax ?
Band B (Derbyshire Dales District Council) 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 Bank Road rising out of the town before locating the Bank Gardens development off to the left.
After turning into the development, the flat is located in the block immediately on the left and identified by the agents To Let board.
Entrance hall Fitted kitchen Sitting / dining room Bedroom 1 - double Bedroom 2 - single Shower room
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png){kind=logo}
FAQ
About Bank Gardens, Bank Road Matlock Derbyshire
Explore nearby
