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Peasehill, Ripley

East Midlands

£184,950
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
748 sqft

Description

This three-bedroom detached family home in Ripley presents a significant opportunity for renovation and investment. It comes with ample off-street parking, a detached garage, and a private garden, making it an attractive option for families or investors looking to add value through updates. The property's layout features a welcoming porch leading into an entrance hallway, a spacious open-plan lounge/diner with sliding patio doors providing access to the garden, and a kitchen that offers potential for modernisation. Upstairs, you will find three well-proportioned bedrooms and a family bathroom. With the right updates to the interior design and fixtures, this property can be transformed into a contemporary family home situated conveniently near local amenities and schools. The generous garden space allows for landscaping possibilities that could enhance outdoor living. Given its current condition and need for updating, this is an ideal project for those looking to make their mark.

Investment Analysis

(DE5 area)

Above Market Value

This property is priced +7.0% above area average per sq ft

+7.0%
This Property
£247/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£190,108
10% above area average per sq ft
Potential ROI
-15.5%
After renovation
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

Peasehill, 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
£667
Based on a loan of £138,712 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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