2-bedroom house · DE5 8JN
Listing removedReduced £10k (−7.1%) on 21 JunListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ***No Onward Chain*** Burchell Edwards are delighted to present to the market this two bedroom, mid-terraced property on Derby Road, Marehay.
Description Situated in the popular village of Marehay, this two bedroom property is in excellent condition throughout.
The kitchen and bathroom have recently been fitted and the property has also been redecorated making it perfect for first-time buyers and those who need somewhere ready to move into.
There has been a damp proof course, and the boiler has been regularly serviced. There is no onward chain for added convenience!
The property overlooks fields and woodland to the rear and there are some lovely countryside walks.
The local amenities of Ripley town centre are close by, including a range of shops, pubs, restaurants, parks and schools.
There are useful public transport links, and major road networks including the M1, A38 and A610 are minutes away by vehicle.
The spacious, open-plan lounge/diner is a pleasant place to relax and unwind, with plenty of storage under the stairs.
The new kitchen is a wonderful feature, and the new bathroom completes the ground floor. Upstairs, there are two good sized bedrooms.
Outside, there is a small forecourt set behind a low brick wall and gate to the front. To the rear is an enclosed courtyard overlooking the field and woodland. Viewing are highly advised!
Please contact Burchell Edwards for more information!
Ground Floor Lounge 11' 11" x 11' 9" plus door recess ( 3.63m x 3.58m plus door recess ) Having laminate flooring, radiator, ceiling light, UPVC window and UPVC door to the front elevation.
Opens into the: Dining Room 8' 6" x 8' 2" ( 2.59m x 2.49m ) Having tiled flooring, radiator, ceiling light and door to storage room under the stairs.
Kitchen 11' 7" x 6' 3" plus door recess ( 3.53m x 1.91m plus door recess ) Having a range of fitted wall and base units, cooker, gas hob and cooker hood, inset one-and-a-half sink.
Wall-mounted boiler, tiled flooring, radiator, ceiling light and UPVC window to the rear elevation.
Bathroom Having a fitted bath with shower attachment, WC, hand wash basin with mixer tap, heated towel rail, tiled flooring, ceiling light and UPVC window.
First Floor Landing Having carpet and a ceiling light. Bedroom One 11' 10" x 11' 10" ( 3.61m x 3.61m ) Having carpet, radiator, ceiling light and UPVC window to the front elevation.
Bedroom Two 8' 5" x 8' 2" ( 2.57m x 2.49m ) Having carpet, radiator, ceiling light, built in cupboard and UPVC window to the rear elevation with field views.
Outside To the front is a small forecourt set behind a low brick wall and a gate. To the rear is a courtyard overlooking the field and woodland. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 305, Derby Road, Ripley
Explore nearby