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The Gardens, Marehay, Ripley, Derbyshire

East Midlands

£140,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
560 sqft

Description

This three-bedroom end-terrace home presents a promising opportunity for those looking to invest or create their ideal living space. Situated in a tranquil cul-de-sac within a desirable village, the property is conveniently located near Ripley and Belper, with essential amenities just a short drive away. The charming exterior features traditional leaded glass windows and a welcoming front garden accessed via block pavers. Inside, the spacious living room boasts an attractive stone fireplace and decorative coving, providing a solid foundation for modernisation. The dining kitchen is well-sized and offers potential for enhancement with its currently functional layout. Upstairs, you'll find three bedrooms accompanied by a shower room. Externally, the manageable side and rear gardens offer further possibilities for outdoor improvement. This property benefits from allocated parking and is surrounded by scenic countryside walks, making it ideal for families or outdoor enthusiasts alike. With excellent local schools nearby and swift access to major road networks like the A38, this home holds substantial renovation potential waiting to be unlocked.

Investment Analysis

(DE5 area)

Above Market Value

This property is priced +5.2% above area average per sq ft

+5.2%
This Property
£250/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£146,362
10% above area average per sq ft
Potential ROI
-18.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE5)

Area prices are falling by -10.4% over the last 12 months
3 year growth: -7.5%
5 year growth: +9.1%
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

The Gardens, Marehay, Ripley, Derbyshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £105,000 over 30 years at 4.45% 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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