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Ashbourne Road, Carsington, Matlock, Derbyshire, DE4 - Image 1
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Ashbourne Road, Carsington, Matlock, Derbyshire, DE4

East Midlands

£3,950,000
Listed on 12/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
20000 sqft

Description

Nestled in the scenic Derbyshire countryside, this distinctive property offers a unique opportunity for renovation and investment. Originally envisioned as a premier National Jewellery and Gemstone Centre, the building spans over 20,000 square feet and sits on an expansive 17.5 acres of land, providing ample space for redevelopment. The three-storey structure features a modern architectural design characterized by a steel frame complemented by locally sourced natural materials. Its site-specific construction blends seamlessly into the surrounding landscape while offering stunning views of Carsington Water. The layout includes significant retail space, administrative areas, and potential hospitality options, including room for a restaurant. This design not only highlights the potential for various commercial ventures but also presents flexibility for future modifications to meet changing market demands. Significantly, the property has already received full planning consent from Derby Dales District Council for its use as a jewellery design centre, along with associated workshops and educational facilities. This approval opens doors for prospective investors looking to engage with the vibrant local tourism market driven by nearby outdoor activities and attractions. The property's sustainability features further enhance its appeal; it was designed with energy-efficient systems that have garnered industry recognition, including nominations for awards celebrating innovative heating solutions. The integration of sustainable practices not only supports environmental objectives but can also attract eco-conscious tenants or customers in a growing market niche. Located just half a mile from the Carsington Water visitor centre and easily accessible from major routes, this site is well-positioned to capitalize on both local patronage and tourist traffic. The immediate area is known for its outstanding natural beauty, ensuring it remains an attractive destination year-round. Investors should consider the potential to transform this property into a multi-functional hub, leveraging its existing attributes while enhancing its offerings to capture diverse markets—making it not just a purchase but a long-term community asset.

Investment Analysis

(DE4 area)

Below Market Value

This property is priced -34.5% below area average per sq ft

-34.5%
Potential saving
This Property
£198/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£500,000 - £1,000,000
Target Value
£6,638,500
10% above area average per sq ft
Potential ROI
+34.1%
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
19%
Properties sold annually

Local Market Trend (DE4)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -4.0%
5 year growth: 11.2%
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

Ashbourne Road, Carsington, Matlock, Derbyshire, DE4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£14,470
Based on a loan of £2,962,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE