1-bedroom flat · DE5 9RQ
To rentListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming area of Codnor, Ripley, this delightful ground floor flat at 2 Wright Street is now available for rent.
Perfectly suited for individuals or couples, this property offers a comfortable and modern living space.
Upon entering, you will find a well-appointed kitchen that boasts contemporary fittings, making it ideal for those who enjoy cooking.
The separate living area provides a welcoming space to relax and unwind after a long day. The flat features one spacious bedroom, complete with an en-suite bathroom, ensuring privacy and convenience.
This property is available for immediate occupancy, allowing you to settle in without delay.
Please note that the flat has a strict no smoking policy, ensuring a clean and pleasant environment for all residents.
With its modern amenities and prime location, this flat presents an excellent opportunity for those seeking a stylish and convenient home in Codnor.
Do not miss the chance to make this lovely flat your new residence. IPS Estates are pleased to bring this ground floor flat to the rental market.
The flat comprises a modern fitted kitchen, a separate living area. And one bedroom with en-suite. The property is available now. Some pets may not be allowed no smoking.
Kitchen (length 3.37m x width 1.55m (length 11'0" x width 5) Having a range of base to eye-level units with a roll-top work surface, and splashback tiles.
A fitted four-ring electric hob and an under-counter electric oven and an overhead extractor fan. Spaces for kitchen appliances, single sink, and drainer.
Vinyl flooring and skirting boards and a UPVC double glazed window to the side elevation.
Living Room (length 5.00m x width to recess 2.88m (length 16'4") Having two UPVC double glazed windows to both side elevation. Neutrally decorated and carpeted with skirting boards.
A wall-mounted electric heater. Bedroom (length 4.47m x width 2.65m (length 14'7" x width 8) Having two UPVC double glazed windows to the side elevation, neutrally decorated throughout.
Carpeted and skirting boards and a wall-mounted electric heater. Ensuite (length 0.97m x 2.48m (length 3'2" x 8'1")) Comprising of a three-piece suite with a low-level toilet and a sink on a pedestal.
Shower cubicle with electric shower, waterproof cladding, and vinyl flooring and skirting boards.
Move in cost - First months rent £595 Deposit - £400 Council Tax Band A AST first 6 months then after rolling contract While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) money laundering regulations – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property, particularly in respect of furnishings to be included/excluded and what parking facilities are available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
.png)
FAQ
About Flat 7, Byron Court, 2 Wright Street, Ripley
Explore nearby