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Dethick Lane, Dethick Matlock, DE4 5GG

East Midlands

£1,500,000
Listed on 21/03/2025

Property Details

Bedrooms
5
Type
Detached
Area
2313 sqft

Description

Church Farm offers an extensive redevelopment opportunity, set within a generous 3.5-acre site in the tranquil hamlet of Dethick. The main property is a five-bedroom farmhouse that, while in need of considerable refurbishment, boasts over 2,300 square feet of living space across two levels. This includes multiple reception rooms and a practical breakfast kitchen, providing a solid foundation for transformation. The surrounding landscape presents stunning views and further enhances the property's overall appeal. In addition to the farmhouse, there are nearly 13,000 square feet of outbuildings available, including a substantial stone barn with historical features such as exposed oak king truss beams and high ceilings. This barn alone offers significant potential for conversion or repurposing (subject to planning permission). Other structures include a former milking parlor workshop and various agricultural buildings that could also serve diverse future uses. The property’s location is advantageous for access to local amenities in Matlock and regional travel links via Chesterfield, making it suitable for both residential and investment purposes. Additionally, possible acquisition of more land parcels presents an opportunity for further development, enhancing the investment potential significantly.

Investment Analysis

(DE4 area)

Above Market Value

This property is priced +110.3% above area average per sq ft

+110.3%
This Property
£649/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£784,535
10% above area average per sq ft
Potential ROI
-55.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DE4)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -2.2%
5 year growth: +9.9%
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

Dethick Lane, Dethick Matlock, DE4 5GG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£5,313
Based on a loan of £1,125,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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