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Dethick, Matlock

East Midlands

£860,000
Listed on 23/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
3646 sqft

Description

Babington Farm presents a distinctive development opportunity nestled in the tranquil hamlet of Dethick. This expansive plot includes three barns, one of which has already received planning approval for conversion into a four-bedroom home, with initial works underway. The unique layout and character of the site allow for a variety of uses, whether as a spacious family residence, multi-generational living arrangement, or lucrative holiday rental venture. Surrounded by picturesque countryside, the property is easily accessed via two gated drives, enhancing its appeal once developed. The grounds include an extensive lawned garden along Dethick Lane and approved plans for a detached garage. Multiple water supplies (three mains and two private springs) suggest potential for further subdivision or enhanced living facilities. The charm of Babington Farm lies not just in its rural serenity but also in its proximity to essential amenities found in nearby villages such as Lea, Holloway, Cromford, and Crich; Matlock is just a short drive away. With the Peak District National Park within easy reach and convenient transport links to major cities from Derby and Chesterfield, this property strikes an excellent balance between rural retreat and accessibility. The existing barns offer considerable scope for renovation into additional living spaces or guest accommodations (subject to planning), making this an exceptional investment proposition in an idyllic setting.

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

Heavy 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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