Large freehold site with development potential for investors or renovators.
- Detached three-double-bedroom cottage on ~1.38 acre rectangular plot
- Substantial development potential, subject to planning consent
- Requires improvement and upgrading; internal neglect and damp visible
- Solid brick walls; likely no cavity insulation and EPC rating D
- Overgrown grounds with brick outbuilding; large maintenance burden
- Sold at auction: 10% deposit (min £5,000) plus £1,500 buyer fee
- Convenient access to Ripley, A38 and M1 motorway links
- Single shower room only; immediate habitable services present
Set well back from Nottingham Road on a rectangular plot of about 1.38 acres, this brick-built detached cottage offers a rare land-rich opportunity close to Ripley and the A38/M1. The house has three genuine double bedrooms, two reception rooms and a fitted dining kitchen with pantry/utility — a straightforward layout for family living or letting while plans are prepared.
The plot’s size and position make it a clear potential candidate for residential or mixed residential/commercial development, subject to obtaining planning consent. The land is currently overgrown and includes a brick outbuilding; the cottage itself will need improvement and upgrading, presenting scope for enhancement or conversion to add value.
Practical drawbacks are explicit: the property needs renovation, there are signs of neglect in internal rooms (peeling paint, possible damp), the walls are original solid brick (likely no cavity insulation), and the EPC is rated D. Sale is by auction with a 10% deposit (min £5,000) and a non-refundable buyers’ fee, so purchasers should investigate the legal pack and planning prospects before bidding.
This is best suited to an investor, developer or an experienced buyer who can manage refurbishment and planning risk. For the right buyer it is a very attractively priced freehold with major upside from renovation or alternative use if consented.
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