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Wellington Street, Matlock, DE4

East Midlands

£700,000

Listed on 21/01/2026

The listing

Property details

Bedrooms
9
Type
Detached
Area
3972 sqft

Features

  • Parking

Description

This distinctive former stone schoolhouse, now converted into apartments, presents a unique investment opportunity in Matlock. Located conveniently near local amenities such as restaurants, shops, and public transport options, this property not only serves well for long-term rentals or holiday lets but also harbors potential for further development to create additional self-contained units. The property features ample rear parking space suitable for up to nine vehicles. The main three-bedroom apartment boasts an impressive layout filled with character, featuring a spacious lounge/dining area perfect for entertaining, alongside two modern shower rooms and an ensuite. Additionally, there are three separate two-bedroom apartments that maintain their own privacy while generating rental income. The elevated front patio area offers remarkable views of the surrounding landscape, while the rear includes various outbuildings for extra storage needs. Given the existing rental income and the capacity for enhancement, this property is worthy of a closer look to fully appreciate its scope.

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Map

Location

Wellington Street, Matlock, DE4
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,645
Based on a loan of £525,000 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-12.5% since listed
£700,000£50,000(-6.7%)
14/08/2026
Current price
£750,000£50,000(-6.3%)
06/05/2026
£800,000Initial listing
22/01/2026

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