3-bedroom terraced house · DE5 8JW
Listing removedListed 125 days
Opportunity summary
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About
• Three-bedroom end-terrace property • Requires modernisation with superb potential • Well-proportioned accommodation • Allocated parking space • Ideal first home or investment opportunity • Situated in quiet cul-de-sac • Popular village location close to Belper and Ripley • Well regarded schools nearby • Good access to A38 and A610 • Close to countryside walks Ideal first home or investment opportunity, three-bedroom end terraced house enjoying a quiet cul-de-sac location in popular village setting.
Close to all amenities with Ripley and Belper easily accessible. The property has a charming facade with leaded glass, double glazing and bay window to ground floor.
Set back from the road approached via a block paviour front garden. The front door opens to a generous sized living room with stone feature fireplace and ornate coving.
The good size dining kitchen has wood effect flooring, a range of flush fronted floor and wall units providing ample storage with rear garden aspect.
To the first floor there are three bedrooms plus shower room. Outside is an easily maintainable garden to side and rear. Allocated parking space nearby.
Marehay is a small village with a strong community feel, surrounded by countryside making it great for walking and outdoor activities.
There are several well regarded primary and secondary schools in the area. Ripley is approximately 5 minutes away by car for supermarkets, leisure facilities, restaurants and other everyday services.
There are good road connections via the A38, making easy commuting to Derby (around 20–25 minutes) and Nottingham (around 30–35 minutes).
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About The Gardens, Marehay, Ripley, Derbyshire
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