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Riley Lane, Pentrich, DE5 3RR

East Midlands

£550,000Guide Price

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1914 sqft

Description

This detached bungalow, set on an extensive 5.8 acres of gardens and paddocks, presents a valuable opportunity for renovation enthusiasts and investors. Situated on the outskirts of the charming village of Pentrich, it offers sweeping countryside views while providing convenient access to the A38 and M1 motorway. The property features three spacious double bedrooms, a bathroom alongside a separate shower and WC, a generous living room, and a large dining kitchen that could benefit from modernization. Additional amenities include an integral garage and driveway parking. With good proximity to local amenities in nearby Ripley, there is significant potential for enhancing this property’s appeal through thoughtful renovations. Offered at auction with binding contracts exchanged at sale, this is an opportunity not to be missed.

Investment analysis

(DE5 area)

Above Market Value

This property is priced +19.2% above area average per sq ft

+19.2%
This Property
£287/sq ft
Area Average
£241/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£507,507
10% above area average per sq ft
Potential ROI
-16.8%
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

Riley Lane, Pentrich, DE5 3RR
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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
£2,078
Based on a loan of £412,500 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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