Summary - Jessop Street, Codnor, Ripley, Derbyshire, DE5 9RN DE5 9RN
3 bed 1 bath End of Terrace
Auction lot with garage conversion potential and immediate exchange option.
Three bedrooms, approx. 738 sq ft (compact layout)
Offered at auction with immediate exchange available, this three-bedroom end-of-terrace sits on a decent plot with off-road parking and an integral single garage. The house is compact (approx. 738 sq ft) and built before 1900, with mains gas central heating and double glazing installed pre-2002. The garage offers scope to convert into extra living space subject to planning and building regulations.
The property requires renovation throughout: the kitchen and bathroom are dated, there is ceiling damage in the kitchen, and the solid brick walls are likely uninsulated (assumed). These clear defects present an opportunity for a builder, developer or investor to add value through refurbishment rather than a move-in purchase. Council Tax is low (Band A) and there is no flood risk.
Buyers should note this is a freehold lot sold via a transparent online auction. The sale carries auction-specific costs and commitments: a non-refundable 5% deposit on exchange and a Reservation Fee (up to 6% inc VAT, minimum £7,200) may apply. Services, fittings and construction have not been tested or verified—buyers must undertake their own due diligence before bidding.
Situated in a minor conurbation with good broadband and mobile signal, nearby primary and secondary schools are rated Good or Outstanding. The local area is described as deprived with an ageing, renting workforce demographic; this affects resale and rental demand but can present steady demand for affordable lets.
This lot suits cash buyers, developers, or investors looking for a short-term refurbishment project with conversion potential and clear margins after renovation.
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