2-bedroom house · DE73 6AB
Listing removedListed 220 days
Opportunity summary
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About
Ideal first time buy, 75% shared ownership – option to purchase 100% share also available - A perfect first step on the property ladder, this stylish and well-maintained two-bedroom property is ideally positioned in the sought-after Chellaston area.
Offered on a shared ownership basis, Ripley Avenue presents a fantastic opportunity for first-time buyers seeking a home that balances contemporary comfort with everyday convenience.
The spacious lounge, light-filled kitchen/diner, and well-kept rear garden make this a home designed for modern living.
With thoughtful touches throughout and neutral décor, it’s a blank canvas ready to move into. French doors connect the kitchen/diner to the garden, enhancing the sense of space and versatility.
Located just moments from key transport links, schools, and amenities, this property offers the ideal combination of practical layout and lifestyle appeal in a popular Derby suburb.
Low-maintenance yet full of potential, Ripley Avenue is a must-see for those seeking a high-quality starter home in a thriving community.
The Detail This well-presented two-bedroom home enjoys a carefully considered layout that maximises light and space across both floors.
Upon entering, a bright hallway with contemporary vinyl flooring leads to a ground floor WC, complete with tile splashback, radiator, and obscure double-glazed window-offering both functionality and comfort.
The lounge is generously proportioned, featuring a front-facing double-glazed window, radiator, and a handy built-in storage cupboard, all finished with soft carpeting underfoot.
To the rear, the open-plan kitchen and dining space offers a welcoming area for everyday meals or social gatherings.
The kitchen is fitted with matching wall and base units, integrated electric oven, and gas hob with cooker hood.
Practicality is key here, with space allocated for a washing machine, fridge, and freezer.
French doors and a rear-facing window allow natural light to flow through the room, creating an airy, versatile space.
Upstairs, the master bedroom benefits from two double-glazed windows, radiator, wardrobe recess, and an additional storage cupboard.
A second double bedroom overlooks the rear, offering a peaceful retreat.
The modern bathroom includes a panelled bath with thermostatic shower, wash hand basin, and low-level WC, complemented by partly tiled walls and vinyl flooring.
The rear garden has been designed with low maintenance in mind, featuring a lawn, planting beds, pebbled borders, outside lighting, and side gated access-ideal for ease of use and upkeep.
The Location Ripley Avenue is set within a well-regarded modern development in Chellaston, offering a strong sense of community alongside excellent local amenities.
Within walking distance, residents will find an Aldi supermarket, Costa Coffee, and a popular pub and restaurant-ideal for both everyday convenience and socialising.
The area is also home to well-regarded primary schools, making it a practical choice for families.
For commuters and travellers, the property enjoys excellent access to major road networks including the A50, A38 and M1, as well as swift connections to East Midlands Airport.
Outdoor enthusiasts will appreciate the nearby countryside, with scenic walks and historic surroundings available at Calke Abbey and its National Trust estate.
With frequent bus services to Derby city centre and easy access to green spaces, Chellaston remains a desirable location that effortlessly balances convenience and lifestyle.
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 9, Ripley Avenue, Derby
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