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Lawrence Avenue, Ripley

East Midlands

£180,000

Listed on 30/06/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow

Description

This two-bedroom semi-detached bungalow in a desirable area of Ripley presents an exciting opportunity for those looking to undertake a renovation project. Although the property is currently in need of modernisation, it features a spacious lounge that invites natural light and offers flexibility in design. The kitchen, while functional, requires updating and presents the chance for a complete redesign to align with contemporary lifestyles. Both bedrooms are generously sized and can be easily transformed into comfortable spaces. The bathroom also requires refurbishment but maintains a practical layout. Externally, there’s off-road parking via a driveway and a substantial rear garden mainly laid to lawn, ripe for landscaping enhancements or outdoor improvements. This property is ideally situated near local amenities and transport connections, offering convenience along with the potential for significant value addition through renovation. Offered with no upward chain, it’s suitable for investors or those wishing to make their mark on a home.

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Investment analysis

(DE5 area)
Area Average
£241/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Lawrence Avenue, Ripley
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Mortgage calculator

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 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

Next Steps

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