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Ashbourne Road, Carsington, Matlock, Derbyshire, DE4 - Image 1
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Ashbourne Road, Carsington, Matlock, Derbyshire, DE4 - Image 8
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Ashbourne Road, Carsington, Matlock, Derbyshire, DE4

East Midlands

£3,950,000

Listed on 18/09/2025

Property details

Bedrooms
N/A
Type
Detached
Area
20000 sqft

Description

Waters View offers a remarkable opportunity for investors and renovators, set against the stunning backdrop of Carsington Water in Derbyshire. Originally designed as a prestigious National Jewellery and Gemstone Centre, this property spans over 20,000 sq ft within an expansive 17.5-acre plot. Its modernist architecture features high-quality construction with a steel frame complemented by local stone cladding, ensuring it harmonizes with its picturesque surroundings. This three-storey building includes a striking triple-height atrium that welcomes natural light and offers breathtaking views. The ground floor houses a spacious retail gallery alongside workshops, while the upper floors contain administrative offices and hospitality spaces that could be transformed to suit various business or residential needs. The lower ground level presents further potential for conversion, housing an area designated for a restaurant alongside versatile meeting spaces. Designed with sustainability in mind, the building boasts innovative heating and cooling systems, making it both environmentally friendly and economically beneficial. With full planning consent already granted for its original purpose—and subject to adaptable variations—there is significant potential to repurpose this unique structure to meet new market demands. The location is well-positioned to benefit from local tourist traffic and outdoor activities, making it an ideal candidate for investment focused on creating a destination venue or multi-use space.

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Investment analysis

(DE4 area)

Below Market Value

This property is priced -35.9% below area average per sq ft

-35.9%
Potential saving
This Property
£198/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£500,000 - £800,000
Target Value
£6,773,800
10% above area average per sq ft
Potential ROI
+42.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (DE4)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +0.1%
5 year growth: +8.3%
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

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£14,923
Based on a loan of £2,962,500 over 30 years at 4.45% 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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