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Crosshill, Codnor, RIPLEY

East Midlands

£325,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
Detached
Area
1266 sqft

Description

This spacious three-bedroom detached home presents a valuable opportunity for those looking to invest in a property with significant renovation potential. Nestled in an enviable location on Crosshill, Codnor, it boasts expansive countryside views and occupies a generous plot with a considerable rear garden, perfect for future development or landscaping. The interior offers versatile living spaces that include two sizable reception rooms and a conservatory that overlooks the outdoor area, while the kitchen is primed for modernisation, inviting homeowners to redesign it according to their preferences. Upstairs, three bedrooms and a family bathroom provide ample space for families. The expansive garden not only ensures privacy but also opens up possibilities for extensions (subject to planning permission). This property stands out as an exciting prospect for buyers eager to create their ideal family home in a picturesque setting.

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Investment analysis

(DE5 area)

Above Market Value

This property is priced +6.5% above area average per sq ft

+6.5%
This Property
£257/sq ft
Area Average
£241/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£335,686
10% above area average per sq ft
Potential ROI
-8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE5)

Area prices are falling by -11.1% over the last 12 months
3 year growth: -6.9%
5 year growth: +8.9%
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

Crosshill, Codnor, 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
£1,228
Based on a loan of £243,750 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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