Worst House on the Street Logo
Cross Lane, Codnor, Ripley - Image 1
Cross Lane, Codnor, Ripley - Image 2
Cross Lane, Codnor, Ripley - Image 3
Cross Lane, Codnor, Ripley - Image 4
Cross Lane, Codnor, Ripley - Image 5
Cross Lane, Codnor, Ripley - Image 6
Cross Lane, Codnor, Ripley - Image 7
Cross Lane, Codnor, Ripley - Image 8
Cross Lane, Codnor, Ripley - Image 9
Cross Lane, Codnor, Ripley - Image 10
Cross Lane, Codnor, Ripley - Image 11

Cross Lane, Codnor, Ripley

East Midlands

£200,000
Listed on 27/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This charming detached bungalow, located on Cross Lane in Codnor, presents a unique opportunity for investors or those seeking a project. Having remained in the same family for several years, it now awaits a new owner to bring it into the modern era with some general refurbishment. With no onward chain, this property is ready for immediate consideration.<br><br>Upon arrival, you will notice the low-maintenance gravelled front garden and established hedge boundaries that provide some privacy. The current driveway accommodates one vehicle, but there is room to expand onto the gravel area to enhance parking options.<br><br>Stepping through the front door, you are welcomed into a spacious hallway featuring original parquet flooring and a practical storage cupboard. This hallway provides access to all living spaces within the bungalow.<br><br>On the front side of the property are two generously sized double bedrooms with double-glazed windows and radiators. The rear of the bungalow hosts a comfortable lounge equipped with patio doors that lead out to the rear garden. This room includes a mantlepiece complete with an electric fire for added warmth. Adjacent is the kitchen, which boasts charming countryside views and offers potential for an upgrade; it is fitted with wall and base units along with designated space for essential appliances such as an oven and washing machine. A newly installed boiler also resides here.<br><br>The shower room currently features partial tiling and encompasses an electric shower within a corner cubicle alongside a wash basin and WC. Additionally, accessible from this space is a loft area that holds ample potential for conversion into usable living space, subject to requisite planning permission.<br><br>Externally, the property showcases a patio area ideal for relaxation or entertainment leading down to an expanse of shrubs and bushes in the garden—fully enclosed by fencing for privacy. Side access allows convenient movement between front and back areas of the home, while a carport offers additional parking or storage solutions.<br><br>A viewing is highly recommended to truly appreciate how this property can be transformed into your ideal home or investment.

Investment Analysis

(DE5 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.9%

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
26
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (DE5)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -0.1%
5 year growth: +22.8%
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

Cross Lane, Codnor, Ripley
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates