Summary - 38 THOMSON DRIVE CODNOR RIPLEY DE5 9RU
3 bed 2 bath Bungalow
Income-ready home near schools, ideal for multigenerational living or lettings.
Generates proven short-term rental income, currently achieving strong nightly rates
Self-contained one-bed annexe ideal for relatives, carers, or rental use
Detached bungalow with garage, driveway and a decent private garden
Compact overall internal size — approximately 802 sq ft
Property rated commercially (self-catering) — check business rates implications
EPC band C; mains gas central heating and double glazing installed
Ultrafast broadband and excellent mobile signal; good for remote working
Local crime levels above average — consider security measures
This detached wing-style home pairs a two-bedroom bungalow with a self-contained one-bedroom annexe, currently run as successful short-term holiday accommodation. The annexe offers flexibility for extended family, carers, or continued rental income — recent bookings show strong demand and an achievable nightly rate. The property benefits from mains gas central heating, double glazing and an EPC rating of C.
Internally the accommodation is compact (approximately 802 sq ft) but well laid out: a modern fitted kitchen, lounge, two bedrooms and shower room in the main bungalow, plus a fitted kitchen, bedroom and shower room in the annexe. Outside there’s a garage, driveway and a decent-sized garden giving private outdoor space and room for parking.
Important practical points: the property is currently rated for commercial/self-catering use and carries a small rateable value. Buyers should note local crime levels are above average for the area and standard AML identity and source-of-funds checks (fee applies) will be required on purchase. Services are good — ultrafast broadband and excellent mobile signal — but the overall internal footprint is modest and some buyers may want to update or personalise fixtures and fittings.
For families needing close, independent accommodation for an elderly relative or carers, or for buyers seeking an income-producing foothold in short-term rental, this property offers a ready-made solution. It’s in a popular residential spot with good access to nearby schools and community amenities, with clear potential to increase earnings through marketing and minor upgrades.
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