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 %
- Est sale value
- 367,642.00 £Increased by 78.10 %
- Average area rental value
- 800.00 £/moIncreased by 1.01 %
- Est letting value
- 983.00 £/mo
- Est rental Yield
- 3.61 %Decreased by 6.48 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Property Solvers marked this listing as sold.
Property Solvers created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ripley Junior School | Community School | Good | 0.79 KM |
| Ripley Infant School | Community School | Good | 0.83 KM |
| Ripley Nursery School | Local Authority Nursery School | Good | 1.15 KM |
| The Ripley Academy | Academy Converter | Good | 1.46 KM |
| St John'S Cofe Primary School | Voluntary Controlled School | Good | 1.54 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ripley Greenway | £ 0 | 0 | 0.00 KM |
| Greenaway Avenue | £ 269,072 | 0 | 0.00 KM |
| Maple Avenue | £ 272,494 | 0 | 0.00 KM |
| Birch Close | £ 259,995 | 0 | 0.00 KM |
| New Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Alfreton | 1805 | ALF | 7.74 KM |
| Langley Mill | 1761 | LGM | 8.52 KM |
| Ambergate | 1678 | AMB | 8.67 KM |
| Belper | 1679 | BLP | 8.77 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Derby Road, Marehay | £ 219,950 | BUY | 6 / 10 | 0.04 KM |
| Derby Road, Marehay, Ripley | £ 200,000 | BUY | 7 / 10 | 0.04 KM |
| Derby Road, Marehay, Ripley | £ 260,000 | BUY | 6 / 10 | 0.04 KM |
| Derby Road, Marehay, Ripley | £ 159,950 | BUY | 6 / 10 | 0.04 KM |
| Derby Road, Marehay, Ripley, Derbyshire, DE5 | £ 220,000 | BUY | 7 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 145 Derby Road | £ 115,000 | 0.04 KM |
| 182 Derby Road | £ 105,500 | 0.04 KM |
| 186 Derby Road | £ 89,000 | 0.04 KM |
| 137 Derby Road | £ 180,000 | 0.04 KM |
| 175 Derby Road | £ 135,000 | 0.04 KM |