Derby Road, Marehay, Ripley, DE5 8HU
PR

Derby Road, Marehay, Ripley, DE5 8HU

By Property Solvers

£ 160,000

Reviews

2 out of 5 stars

Property Solvers says ..

Property Solvers Express Sale Estate Agency is excited to present this spacious 2 bedroom 1 bathroom detached house (983 sq ft) with heaps of potential for refurbishment, located in the popular area of Marehay in Ripley. Sitting on a 1,800 sq ft plot of land, there is massive potential to exte...

Property Oracle says ..

This two-bedroom, one-bathroom detached house in Marehay, Ripley is presented as an opportunity for refurbishment. The property boasts a relatively large footprint of 983 sqft and a garden. However, the images clearly depict a property requiring significant modernisation. The interior is largely unfinished, with exposed flooring and walls needing full decoration, and the kitchen and bathroom needing a complete overhaul. The garden is also in need of some care and attention.

The location is advantageous with schools and train stations within reasonable proximity. The area appears residential and potentially family-friendly. However, the lack of specific details on the local amenities, such as shops and other facilities, needs further investigation.

The asking price of £160,000 requires careful consideration. While potentially competitive in the area compared to other properties, the cost of the essential renovations will likely be substantial, impacting the overall value proposition. A potential buyer should obtain accurate quotes for necessary repairs and renovations before committing to a purchase. This will enable a realistic evaluation of the property’s final cost and its potential return on investment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
5
Bedrooms
2
Bathrooms
1
Sqft (est)
983.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
266,244.00 £
Increased by 8.12 %
from 246,245.00 £
Est sale value
367,642.00 £
Increased by 78.10 %
from 206,430.00 £
Average area rental value
800.00 £/mo
Increased by 1.01 %
from 792.00 £/mo
Est letting value
983.00 £/mo
from 0.00 £/mo
Est rental Yield
3.61 %
Decreased by 6.48 %
from 3.86 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Property Solvers marked this listing as sold.

  • Property Solvers created the listing.

Nearby Schools

NameTypeOfstedDistance
Ripley Junior SchoolCommunity SchoolGood0.79 KM
Ripley Infant SchoolCommunity SchoolGood0.83 KM
Ripley Nursery SchoolLocal Authority Nursery SchoolGood1.15 KM
The Ripley AcademyAcademy ConverterGood1.46 KM
St John'S Cofe Primary SchoolVoluntary Controlled SchoolGood1.54 KM

Images

Derby Road, Ripley - Front of Property Derby Road, Ripley - Back Garden Derby Road, Ripley - Dining Room Derby Road, Ripley - Lounge Derby Road, Ripley - Modern Kitchen Derby Road, Ripley - Fitted Kitchen Derby Road, Ripley - Conservatory Derby Road, Ripley - Stairs Derby Road, Ripley - Upstairs Derby Road, Ripley - Bedroom 2 Derby Road, Ripley - Master Bedroom Derby Road, Ripley - Modern Bathroom Derby Road, Ripley - Garden Derby Road, Ripley - Exterior View of Property

Nearby Streets

NameAverage PriceAverage SqftDistance
Ripley Greenway £ 000.00 KM
Greenaway Avenue £ 269,07200.00 KM
Maple Avenue £ 272,49400.00 KM
Birch Close £ 259,99500.00 KM
New Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Alfreton1805ALF7.74 KM
Langley Mill1761LGM8.52 KM
Ambergate1678AMB8.67 KM
Belper1679BLP8.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
Derby Road, Marehay £ 219,950BUY6 / 100.04 KM
Derby Road, Marehay, Ripley £ 200,000BUY7 / 100.04 KM
Derby Road, Marehay, Ripley £ 260,000BUY6 / 100.04 KM
Derby Road, Marehay, Ripley £ 159,950BUY6 / 100.04 KM
Derby Road, Marehay, Ripley, Derbyshire, DE5 £ 220,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
119 Derby Road £ 243,0000.04 KM
145 Derby Road £ 115,0000.04 KM
162 Derby Road £ 255,0000.04 KM
169 Derby Road £ 130,0000.04 KM
159 Derby Road £ 420,0000.04 KM