Waingroves Road, Ripley
East Midlands
£250,000
Listed on 13/10/2026
Listed on 13/10/2026
The listing
Property details
Bedrooms
3Type
DetachedFeatures
- Garage
- Garden
Description
This three-bedroom detached house in Ripley sits on a notably large plot, with a wide frontage and land extending alongside and behind the existing home. The accommodation includes an entrance hall, a through lounge and dining room, a separate kitchen, rear ancillary space, three bedrooms and a family bathroom. An attached garage provides additional storage.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
50out of 100
Grade DWeak opportunity
Confidence: LOW
This is a substantial renovation project with a clear point of difference: a detached three-bedroom house, attached garage and unusually extensive plot, with a spacious through lounge/dining room and scope to reshape or enlarge the existing home, subject to permissions and consents. The photographed interiors offer plenty to improve, from worn flooring and dated finishes to a kitchen with a non-working oven and grill; the covered ancillary area also needs attention. The renovation range is £35,000–£65,000, so this is a significant project rather than a cosmetic refresh.
The score is held back by uncertainty rather than a finding that the price is dear: floor area is missing, so value against local £/sq ft cannot yet be judged, and the available figures do not establish the finished value. The plot and the opportunity to create a larger, more modern home are the strongest attractions, while any wider development potential depends on planning, access and other consents.
Key opportunities
- Use the wide, extensive plot to explore enlarging the existing detached house, subject to planning and other consents.
- Rework the spacious through lounge/dining room and update the dated finishes and worn flooring to give the home a more contemporary feel.
- The attached garage and established garden with mature trees add useful character and scope to shape the property and its outdoor setting.
Key risks
- The £35,000–£65,000 works range, deteriorated ancillary area, damaged lower wall surfaces and worn finishes across several photographed rooms make this a substantial budget and programme, not a cosmetic refresh.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% interest
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