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Dethick, Matlock

East Midlands

£1,650,000
Listed on 01/03/2026

Property Details

Bedrooms
8
Type
Detached house
Area
8330 sqft

Description

Babington Farm presents an exceptional opportunity for redevelopment, featuring a Grade II listed detached farmhouse paired with five barns on an expansive 1.8-acre plot. With planning permission in place for two of the barns to be converted into residential units, this property is ideally suited for an investor or developer looking to create multi-family accommodations or holiday rentals within the picturesque countryside of Dethick. The main farmhouse boasts significant living space with an inviting layout that includes three reception rooms, a dining kitchen with a soaring vaulted ceiling, and three comfortable bedrooms, one complete with an en-suite bathroom. The outdoor areas provide both landscaped gardens and a gravel courtyard that offers ample parking and access to the barns awaiting transformation. The distinctive character of this property comes from its original features combined with modern updates such as air source heating and underfloor heating on the ground floor. Further development potential lies within two additional barns and a grain store, which may be transformed subject to obtaining planning approval. Each structure allows for creativity and expansion possibilities while maintaining the charm of rural living. Conveniently located near local villages and within reach of Derbyshire's Peak District National Park, this farm is perfect for those seeking tranquility yet requiring easy access to essential amenities. This unique property calls for visionaries ready to capitalize on its potential.

Investment Analysis

(DE4 area)

Below Market Value

This property is priced -35.2% below area average per sq ft

-35.2%
Potential saving
This Property
£198/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £400,000
Target Value
£2,800,671
10% above area average per sq ft
Potential ROI
+36.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Dethick, Matlock
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£5,951
Based on a loan of £1,237,500 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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