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Jessop Street, Codnor, Ripley

East Midlands

£270,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1170 sqft

Description

This detached three-bedroom home, set on an expansive plot measuring approximately 60m by 18m, offers a promising opportunity for buyers interested in both immediate living and future renovations. The property is well-maintained and comfortably liveable as it stands; however, it presents a blank canvas ideal for modernization or reconfiguration, catering to those who wish to create a personalized family abode.

Internally, the layout consists of an entrance hallway leading to a bright front reception room with an appealing bay window and high ceilings. A functional rear reception room and fitted kitchen complement the ground-floor bathroom. Upstairs, you'll find three generously sized bedrooms that benefit from an abundance of natural light.

Outside, the property boasts ample off-street parking along with a vast rear garden featuring mature plantings, a greenhouse, and timber outbuildings. The significant outdoor space not only enhances the property’s current charm but also opens doors to numerous possibilities—be it extending the existing structure or developing additional dwellings (subject to planning permissions). This chain-free sale represents a unique chance for buyers seeking comfort now while keeping future potential firmly in sight within this desirable East Midlands location.

Investment Analysis

(DE5 area)

Below Market Value

This property is priced -3.0% below area average per sq ft

-3.0%
Potential saving
This Property
£231/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£306,113
10% above area average per sq ft
Potential ROI
-4.3%
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
19%
Properties sold annually

Local Market Trend (DE5)

Area prices are falling by -13.8% over the last 12 months
3 year growth: -9.3%
5 year growth: +6.1%
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

Jessop Street, Codnor, Ripley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£963
Based on a loan of £202,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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