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Victoria Road, Ripley

East Midlands

£100,000
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced property presents a compelling opportunity for those interested in renovation or investment. Nestled conveniently within walking distance of Ripley town centre, residents can easily access a variety of local shops, amenities, and transport links, making it an attractive location for future tenants or homeowners. The ground floor layout includes a lounge, kitchen, and bathroom. The lounge features a wood-burning stove along with double-glazed windows that ensure warmth and natural light. The kitchen is equipped with essential fixtures and offers potential for modernization to create an inviting culinary space. The bathroom is functional but could benefit from updates to enhance its appeal. Upstairs are two spacious double bedrooms, each with built-in storage options and ample natural light from the double-glazed windows. This setup allows for flexibility in design—whether you choose to maintain the existing layout or reconfigure it to maximize space and comfort. Externally, the property has on-street parking at the front and a manageable rear garden that can be improved for outdoor enjoyment or gardening enthusiasts. With central heating provided by gas-fired systems throughout the home, this property is structurally sound and ready for you to add your personal touch or capitalize on its investment potential through upgrading. Its prime location combined with renovation opportunities makes this home ideal for investors, developers, or first-time buyers looking to enhance value while enjoying community benefits. Additionally, it’s worth noting that the property falls within an area served by several telecom providers offering ultrafast broadband options, enhancing its attractiveness for modern living needs. Smart investments here could yield significant returns both in rental income and future resale value as demand in this desirable location continues to grow.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Victoria Road, Ripley
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 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