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Dannah Street, Ripley

East Midlands

£129,950
Listed on 02/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
879 sqft

Description

This two-bedroom end terraced house in Ripley presents a promising opportunity for renovation and reconfiguration to create a modern living space. Set within a short walk from St John's School, this property is ideal for families or investors looking to enhance its value. The ground floor consists of a living room featuring a gas fireplace, and an inner hallway with ample storage space. The separate dining room overlooks the rear garden, while the kitchen comes equipped with essential fittings but would benefit from updating. Upstairs, you'll find two spacious double bedrooms and a family bathroom that requires refurbishment. The enclosed rear garden offers potential for landscaping, and the front courtyard could be transformed into additional outdoor seating. Given the current condition, there's significant scope for updates that could drastically improve both comfort and market appeal.

Investment Analysis

(DE5 area)

Below Market Value

This property is priced -36.8% below area average per sq ft

-36.8%
Potential saving
This Property
£148/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£198
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£226,206
10% above area average per sq ft
Potential ROI
+46.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DE5)

Area prices are falling by -10.8% over the last 12 months
3 year growth: -6.9%
5 year growth: +9.7%
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.

Location

Dannah Street, Ripley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£460
Based on a loan of £97,462 over 30 years at 3.91% 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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