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See how verdicts work2-bedroom flat · DE4 3JL
Listing removedListed 428 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Derbyshire Properties are pleased to present this ground floor apartment in the much sought after area of Matlock.
The property benefits from a newly fitted kitchen and bathroom as well as allocated parking for one vehicle. We recommend an early internal inspection to avoid disappointment.
Internally, the property briefly comprises; Entrance Hall, Open plan Dining/Living/Kitchen, Bathroom and two Bedrooms.
Externally the property boasts elevated position with stunning views across Matlock whilst the building is set within well maintained grounds.
There is allocated parking for each apartment alongside further visitor parking.
Entrance Hall With tiled flooring throughout, fitted store cupboard providing valuable storage capacity and doorways to; Kitchen/Living/Dining Area The kitchen area houses a range of base cupboards with complimentary worktops over and integrated appliances including; Electric oven, electric hob and stainless steel inset sink.
There is a fitted cupboard to the kitchen which is the ideal utility space whilst tiled flooring and under counter plumbing also feature.
The lounge area is carpeted and enjoys an open aspect to the Kitchen. Wall mounted heater also features whilst the entire room enjoys a double aspect of double glazed windows to front and rear.
Bedroom One With double glazed window to front elevation, carpeted flooring and wall mounted heater.
Bedroom Two With double glazed window to rear elevation, carpeted flooring and wall mounted heater. Fitted cupboard/wardrobe provides valuable storage capacity.
Bathroom A stylish three piece suite including; Bath with panelled splashback, pedestal handwash basin and low level WC.
Obscured double glazed window features to rear elevation whilst tiled flooring and wall fitted extractor unit completes the space.
Outside Externally the property boasts elevated position with stunning views across Matlock whilst the building is set within well maintained grounds.
There is allocated parking for each apartment alongside further visitor parking. Disclaimer 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Derbyshire Properties have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Derbyshire Properties have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Service Charges & Ground Rent Totalling £130 per calendar month. 999 years remain on the lease
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

FAQ
About Smith Road, Matlock, DE4
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