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10 Hannahs Field, Ridlington LE15 9AP - Image 1
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10 Hannahs Field, Ridlington LE15 9AP

East Midlands

£120,000
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom house presents a significant opportunity for renovation and investment. While it requires modernisation, the property features a spacious rear garden and potential for extensions, subject to necessary planning approvals. Ideally situated in Ridlington, residents will benefit from easy access to local shopping and recreational amenities. The layout includes a hallway leading to dining and lounge areas, a kitchen, two storage rooms, and a WC on the ground floor. Upstairs are three bedrooms along with a bathroom/WC. This vacant property is ripe for transformation into a contemporary family home or rental investment in the desirable East Midlands region.

Investment Analysis

(LE15 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by +2.7% over the last 12 months
3 year growth: 6.8%
5 year growth: 8.2%
Investment Disclaimer: Analysis based on LE15 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

10 Hannahs Field, Ridlington LE15 9AP
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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
£440
Based on a loan of £90,000 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