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Masson House, Derby Road, Matlock Bath, DE4 3PY

East Midlands

£650,000
Listed on 28/12/2025

Property Details

Bedrooms
15
Type
Semi-detached house

Description

This traditional three-storey stone property offers a rare investment opportunity with significant potential for refurbishment and conversion into multiple residential units, subject to necessary consents. Set in approximately 1.09 acres of grounds that include a blend of grassland and mature woodlands, the property enjoys an elevated position on the outskirts of Matlock Bath, providing both countryside tranquility and convenient access to local amenities. The versatile accommodation spans three floors, featuring large communal areas and a total of fifteen bedrooms, making it an attractive prospect for holiday lets or commercial use such as a boutique hotel. The ground floor includes a welcoming entrance hall, expansive dining room leading to a commercial kitchen, various utility rooms, and spacious lounges — all aspects ideal for modernising or reconfiguring according to market demand. The first and second floors present numerous bedrooms along with ensuite facilities, adding value through potential en-suite conversions or restructuring the layout for enhanced living space. The property also boasts private parking areas capable of accommodating multiple vehicles, further supporting the possibility of apartment conversions. With its traditional features still intact and recent extensions completed about nine years ago, this property is poised for significant transformation that could yield substantial returns for savvy investors.

Investment Analysis

(DE4 area)
Area Average
£306/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
64%
Properties sold annually

Local Market Trend (DE4)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -2.9%
5 year growth: +9.3%
Investment Disclaimer: Analysis based on DE4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Masson House, Derby Road, Matlock Bath, DE4 3PY
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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