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Dethick, Matlock

East Midlands

£860,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
3646 sqft

Description

Babington Farm presents a distinctive opportunity for redevelopment in a picturesque countryside setting. The property comprises three barns, one of which has received planning permission for conversion into a two-bedroom home with preliminary work already commenced. This arrangement opens the door to numerous potential uses, including accommodating a sizable family, multi-generational living spaces, or even holiday rentals, capitalising on the beautiful rural backdrop. Accessed via two gated entrances, the layout features a sizeable gravel courtyard suitable for parking multiple vehicles, providing versatility as development progresses. The remaining barns offer significant scope for further transformation (subject to planning approval), making this an ideal project for ambitious investors or homeowners looking to establish something special. A lush garden adjacent to Dethick Lane enhances the appeal and provides potential options for subdivision given the multiple water supply sources available. Located within the charming hamlet of Dethick and close to a variety of local amenities in nearby villages such as Matlock, this site is conveniently positioned for commuters with excellent transport links to larger cities. The Peak District National Park is also just a short drive away, allowing for easy access to outdoor pursuits.

Investment Analysis

(DE4 area)

Below Market Value

This property is priced -23.5% below area average per sq ft

-23.5%
Potential saving
This Property
£236/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,236,669
10% above area average per sq ft
Potential ROI
+11.4%
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, Matlock
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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
£3,046
Based on a loan of £645,000 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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