3-bedroom property · DE5 9RE
For saleListed 412 days
Opportunity summary
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About
Summary Situated in a popular residential location having a corner position this home ideally suited for first time buyers, families or investors description Situated in a popular residential location having a corner position this home ideally suited for first time buyers, families or investors.
The spacious accommodation comprises of; reception lounge, dining room, additional sitting room and kitchen with integrated oven and hob.
To the first floor are three double bedrooms and family bathroom with four piece suite. Externally the rear of the property has a paved garden area, gravel area and detached garage.
The property has a gas heating system and double glazed windows. Ground Floor Reception Lounge 16' 3" x 22' 10" ( 4.95m x 6.96m ) The first measurement has been taken to the maximum.
This dual aspect lounge has windows to the front and side elevations and entrance door to the front. The focal point of the room is a feature fire surround with tiled hearth and backdrop.
Under stairs cupboard provides storage space.
Dining Room Irregular Shaped Room x ( x ) This irregular shaped room has double glazed window to the side elevation, ceiling coving and decorative cast iron style fire grate.
Sitting Room 11' 10" x 17' 10" ( 3.61m x 5.44m ) Double glazed windows overlook the side and rear elevation, brick style fire surround, ceiling coving and radiator.
Kitchen Irregular Shaped Room x ( x ) This irregular shaped room is fitted with a range of wall units including glazed display cabinets, base units with work surfaces over incorporating a single drainer sink unit.
Integrated four ring electric hob and oven with extractor hood over, plumbing for the automatic washing machine and recessed spot lighting.
Complementary tiled splash backs and floor, cupboard housing the gas heating boiler, radiator and window to the rear.
First Floor Landing With access to; Bedroom One 16' 4" x 10' 10" ( 4.98m x 3.30m ) Double glazed window to the front and side elevations and radiator.
Bedroom Two 9' 7" x 11' 5" ( 2.92m x 3.48m ) Double glazed window to the side and radiator.
Bedroom Three 11' 10" x 12' 4" ( 3.61m x 3.76m ) Two double glazed windows to the rear and fitted wardrobes providing shelving and hanging space.
Bathroom This four piece suite comprises of; corner bath with shower over, low flush W/C, wash hand basin and bidet. Complementary tiled splashbacks, cylinder cupboard with airing space and radiator.
Outside The rear garden has a patio area with steps leading to a gravel area for ease of maintenance. A garage provides up and over door, power and lighting and is accessed by a shared side driveway.
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: Connells 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: Connells 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
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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 3, Market Place, Ripley
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