1-bedroom house · DE4 3GN
Listing removedListed 60 days · slow let
Opportunity summary
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About
New to the Market, a newly refurbished one bedroom stone built cottage. To be let on an unfurnished basis, close to local amenities.
Gas fired central heating, sealed unit double glazing, open plan living / dining kitchen area, utility room, well appointed bathroom with shower. No smokers. Available From 23rd October 2026.
General Information - Ideally suited to a couple or single person, this skilfully converted one bedroom cottage offers up to date living accommodation with the added benefit of gas central heating and sealed unit double glazing.
The accommodation briefly comprises open plan living kitchen, utility room, double bedroom and modern bathroom with full suite and shower facility. No parking only On Street.
Location - Matlock town centre offers a good range of amenities including shops, schools and leisure facilities. The nearby A6 provides swift onward travel to the north and south.
The nearby market town of Bakewell is approx. 7 miles to the north. Derby is approx. 15 miles to the south, Chesterfield is approx. 10 miles to the north-east and Sheffield is approx.
20 miles to the north all of these offer a more comprehensive range of amenities and are within commuting distance. Junction 28 of the M1 Motorway is approx.
12 miles providing swift onward travel to the north and south, other nearby regional centres and the main motorway network.
Accommodation - Lounge - 5.06 x 4.21 (16'7" x 13'9") - Leading from the entrance is an open plan lounge with new carpet and freshly decorated.
Kitchen - 2.97 x 2.30 (9'8" x 7'6") - Brand new fitted kitchen with breakfast bar, electric stand alone oven and hob. Stainless steel sink and drainer with mixer tap.
Utilty Area - Utility area with space for a washing machine and storage. Bathroom - 2.26 x 1.69 (7'4" x 5'6") - Brand new fitted bathroom suit with shower over bath.
First Floor - Bedroom - 6.92 x 5.09 (22'8" x 16'8") - Spacious Mezzanine bedroom with wooden flooring, central heating radiator and storage cupboard.
Directional Note - From Matlock Crown Square, proceed along Bank Road, following the road up the hill and this eventually becomes Rutland Street.
Turn right into Rutland Court where number 3 Bath Houses is located beneath the archway. Specific Requirments - The property is to be let unfurnished. No smokers. Available from 23rd October 2026.
Property Reservation Fee - One week holding deposit to be taken at the point of application, this will then be put towards your deposit on the day you move in. Deposit - 5 Weeks Rent.
Additional Information - Rent: £675 pcm Holding Deposit: £155 (1 Week taken on application) Security Deposit: £778 (5 Weeks) Council Tax Band: A – Derbyshire Dales Property construction: Stone & Tile Parking: No allocated parking On Road Parking only Electricity supply: MAINS – Gas Supply: MAINS Water supply: MAINS - Severn Trent Sewerage: MAINS Heating: Gas Central Heating Broadband type: BT Openreach.
Please check Ofcom website. Viewings - By prior appointment through Scargill Mann and Co
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
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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
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