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Tavistock Avenue, Ripley

East Midlands

£220,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
Detached
Area
944 sqft

Description

This three-bedroom property located in the market town of Ripley presents a solid opportunity for those looking to invest in a home with room for enhancement. While the property is generally in decent condition and could comfortably be lived in, there are numerous potential avenues for modernisation and development to increase its value. Key upgrades have already been made, including a relatively modern boiler and some recently replaced windows. The property boasts ample off-road parking that leads to a detached garage, making it convenient for families or potential rental income. The generous rear garden offers a tranquil retreat backs onto woodlands, complete with a brook running through its boundary—ideal for landscaping projects or outdoor living enhancements. Additionally, solar panels installed on the roof could offer energy savings without extra costs to the homeowner. Located close to various amenities, parks, schools, and with access to major transport routes like the M1, A38, and A610 within minutes by car, this property provides an excellent foundation for further investment. Viewing is encouraged to fully appreciate what this home has to offer.

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Investment analysis

(DE5 area)

Below Market Value

This property is priced -1.9% below area average per sq ft

-1.9%
Potential saving
This Property
£233/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£246,724
10% above area average per sq ft
Potential ROI
-3.2%
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

Tavistock Avenue, Ripley
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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
£831
Based on a loan of £165,000 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.

Stamp duty calculator

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