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132 Derby Road, Ripley, Derbyshire DE5 3HT - Image 1
132 Derby Road, Ripley, Derbyshire DE5 3HT - Image 2
132 Derby Road, Ripley, Derbyshire DE5 3HT - Image 3

132 Derby Road, Ripley, Derbyshire DE5 3HT

East Midlands

£69,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached property presents a compelling opportunity for renovation and investment, situated in a peaceful area just a short walk from the town center. While it currently requires significant refurbishment, its larger-than-average private plot offers ample space for potential expansion, subject to the necessary planning permissions. The home includes several functional updates, such as a solar panel heating system and an air source heat pump, along with external solid wall insulation. The layout features a welcoming living room with a tiled fireplace and an open front porch, alongside a fitted kitchen. A rear entrance leads to the bathroom, which is equipped with essential fixtures. Upstairs are two generously sized bedrooms, both illuminated by uPVC double-glazed windows. The exterior of the property is noteworthy; it sits on a level plot primarily laid to lawn with well-defined pathways and boundary hedges. Notably, there is an additional parcel of land included in the sale, located on the opposite side of the public footpath, enhancing the overall value and development potential. Located in Ripley, this property benefits from proximity to a variety of independent shops, restaurants, and leisure options. The local area also features primary and secondary schools that cater to families, making it an attractive location for long-term renters or homeowners alike. Excellent transport links include access to the A38 leading to Derby and connections to the M1 motorway. In summary, this property not only stands out due to its current state but also offers significant potential for those looking to invest in a home that can be transformed into something special while taking advantage of its desirable location and expanding market appeal.

Investment Analysis

(DE5 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DE5)

Area prices are rising by +5.2% over the last 12 months
3 year growth: 4.8%
5 year growth: 24.7%
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.

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Location

132 Derby Road, Ripley, Derbyshire DE5 3HT
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