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Greenhill Lane, Riddings, DE55

East Midlands

£126,950
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property in Riddings presents a promising opportunity for both first-time buyers and investors looking to capitalize on its potential. Located conveniently within walking distance of local amenities including schools, shops, parks, and pubs, the home requires a thoughtful renovation to maximize its value. With no upward chain, it is an appealing option for those eager to embark on a refurbishment journey. Internally, the layout includes an entrance hall leading to a dining room and lounge, alongside a kitchen and bathroom on the ground floor. The first floor features three bedrooms, with two generously sized doubles that provide ample room for reconfiguration or upgrades. The external space comprises a paved front yard and a rear garden primarily laid to lawn, surrounded by mature shrubbery for added privacy. A brick-built shed at the back offers useful storage options. While the property features foundational elements that are functional, modernizing the interior spaces such as updating fixtures in the kitchen and bathroom, enhancing flooring throughout, and refreshing décor will significantly improve its appeal and market value. This property is ripe for transformation into a contemporary family home or rental investment.

Investment Analysis

(DE55 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on DE55 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

Greenhill Lane, Riddings, DE55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£465
Based on a loan of £95,212 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE