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Field Way, Ripley

South East

£699,950
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1153 sqft

Description

This characterful cottage, ideally positioned on the edge of Ripley and Send Marsh, presents a wonderful opportunity for further enhancement. Initially extended to optimize living space, the home features a well-designed kitchen dining area that serves as the heart of the residence, coupled with a pleasant garden space. With no onward chain, this property encourages creative renovations. The inviting exterior leads into a bright and airy entrance hall, which connects seamlessly to two generous living rooms featuring ornate fireplaces that add notable character. The kitchen is not only spacious but also includes modern appliances and vaulted ceilings that enhance its openness while offering views of the lush rear garden. Upstairs, you will find two double bedrooms alongside a well-appointed bathroom with both bath and shower facilities. The layout offers potential for additional modifications; strategic adjustments could expand the first floor's footprint thanks to the groundwork already laid during prior extensions (subject to planning permission). The expansive garden invites imagination with its predominantly lawned area and raised patio, perfect for outdoor enjoyment or entertaining. Character outbuildings further increase this property's potential—ideal for an office or storage—as they are already equipped with power and lighting. A charming summer house at the end of the garden adds to its appeal. Ample parking is available at the front of the property, enhancing convenience. Located just moments from local amenities in Ripley Village while still enjoying a semi-rural atmosphere makes this home an attractive canvas for those looking to invest in further development.

Investment Analysis

(GU23 area)

Above Market Value

This property is priced +12.5% above area average per sq ft

+12.5%
This Property
£607/sq ft
Area Average
£540/sq ft
Avg Rent (weekly)
£699
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£684,628
10% above area average per sq ft
Potential ROI
-8.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (GU23)

Area prices are falling by -8.1% over the last 12 months
3 year growth: -3.8%
5 year growth: -1.4%
Investment Disclaimer: Analysis based on GU23 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

Field Way, Ripley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,524
Based on a loan of £524,962 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.

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