Bagshaws says ..

Property Oracle says ..

Masson House, located on Derby Road in Matlock Bath, Derbyshire, is a substantial three-story stone-built property currently used as a residential care home. The property boasts 15 bedrooms and 3 bathrooms and features a significant floor area of 7,521.5 square feet. The listing highlights the potential for conversion into residential units, subject to obtaining the necessary planning permissions. The property is in a convenient location near Matlock Bath train station and various primary schools, several of which are rated ‘Good’ by Ofsted. The surrounding area is characterized by attractive Derbyshire scenery. While the building appears to be structurally sound based on the provided images, significant interior refurbishment would be required to update the property and realize its full potential. The listing price of £725,000 is substantial and should be evaluated relative to the property’s current condition, the cost of necessary renovations and any potential planning hurdles. The comparatively small plot size may slightly reduce its overall value. Further analysis comparing the price per square foot to similar properties (once that data is available) would offer a more accurate assessment of the property’s pricing. The lack of comparable data on plot sizes and square footage in the area limits a conclusive evaluation of the property’s price.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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