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High Street, Ripley

South East

£450,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1645 sqft

Description

This substantial mid-terrace property, spanning over 1640 sq. ft., presents a unique opportunity in the historic village of Ripley. The residence currently comprises three distinct sections, including a sizable shop space that has recently been granted planning permission for conversion into residential use, paving the way for an impressive family home. The dual-aspect shop area connects to a hair salon, which is currently leased until 2030 and features its own high street entrance, staff amenities, and access to a private garden. The upper level accommodates three individual rooms along with a kitchen and bathroom, offering significant potential for reconfiguration to better suit personal requirements, pending necessary consents. Externally, the property boasts an enclosed rear garden and a garage accessible via Rose Lane. With Ripley's charming local amenities and excellent transport links nearby, this property holds considerable renovation potential for investors or those looking to create their dream home.

Investment Analysis

(GU23 area)

Below Market Value

This property is priced -49.3% below area average per sq ft

-49.3%
Potential saving
This Property
£274/sq ft
Area Average
£540/sq ft
Avg Rent (weekly)
£699
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£976,768
10% above area average per sq ft
Potential ROI
+80.9%
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

High Street, 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
£1,623
Based on a loan of £337,500 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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