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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

£60,000
Listed on 03/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled in a quiet area close to the town centre, this two-bedroom detached property presents an appealing renovation opportunity for investors or homebuyers seeking to add value. Occupying a larger-than-average plot, there is considerable potential for extension, subject to local planning regulations. The property has already seen some upgrades, including a solar panel heating system and air source heat pump, alongside external solid wall insulation. Inside, the accommodation features uPVC double glazing throughout, comprising a living room with a front entrance, a fitted kitchen, and a rear porch leading to the bathroom. Upstairs offers two generously sized bedrooms. Externally, the garden is predominantly lawned with established pathways and hedging, creating an inviting space with ample scope for further development. The nearby market town of Ripley boasts various independent shops and restaurants along with good transport links via the A38 to Derby and the M1 motorway—making this property not only a sound investment but also an ideal family home.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £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

132 Derby Road, Ripley, Derbyshire DE5 3HT
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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
£220
Based on a loan of £45,000 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