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Waingroves Road, Waingroves, Ripley

East Midlands

£190,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached property presents an excellent opportunity for those looking to invest in a home with renovation potential. Featuring three bedrooms, the property is set on a generous plot that offers ample space for expansion or modernization, subject to planning permissions. Located on Waingroves Road, this residence is conveniently situated near local amenities and within easy reach of Ripley town center. The area benefits from reliable public transport links and accessibility to major road networks such as the M1, A38, and A610, making it an attractive option for commuters. Inside, the ground floor features a welcoming entrance hallway leading to a spacious lounge with a bay window, providing a comfortable living space. Adjacent to the lounge is a dining room that opens into an inner hallway connecting to the kitchen and utility room. The kitchen is equipped with fitted units and has potential for updates to enhance functionality and style. Upstairs, the first floor accommodates three well-proportioned bedrooms along with a four-piece bathroom that includes both a freestanding roll-top bath and separate shower cubicle. Each bedroom offers natural light and provides plenty of room for personalization. The exterior of the property includes a front garden bordered by mature bushes for privacy and a side driveway leading to a detached garage. The expansive rear garden is predominantly lawned and includes additional storage options with a brick outbuilding and shed. This property not only allows for immediate comfortable living but also offers considerable potential for renovation or extension, making it an appealing investment option in a desirable location. Viewings are encouraged to appreciate fully the space and possibilities available.

Investment Analysis

(DE5 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE5)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 2.6%
5 year growth: 25.1%
Investment Disclaimer: Analysis based on DE5 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

Waingroves Road, Waingroves, Ripley
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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
£696
Based on a loan of £142,500 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