SIR BARNES WALLIS COURT MAPLE AVENUE, RIPLEY, DE5 3PY Telephone: 01244 343 355 website: restidential-estates.co.uk Email: sales@residential-estates.co.uk £230,000
Sir Barnes Wallis Court is a small development of seven high specification new build three bedroom terrace properties in the highly sought after area of Ripley, Derbyshire. The development is due to be completed by the end of March 2023, with some of the units already build complete and recently tenanted they are currently producing a lucrative income.
Due to the popular location and the migration from outer towns and cities, there is huge demand and a lack of supply of properties in the area. Ripley has seen on average a 7% house price increase per annum over the past 5 years making Ripley one of the top locations for the biggest property capital appreciation in Derbyshire.
When it comes to rental demand any landlord will be pleased to hear that there will be little or no void periods. The properties are located less than half a mile from Ripley centre and surrounded by local amenities, including a co-op store next to the houses. House prices are high, there is a lack of good quality rental properties in the area and there is a high demand from tenants looking to rent.
• 3 Beds, Separate Study
• 3 Bathrooms, Good Sized Rooms
• Historic 7% PA capital appreciation
• Huge Rental Demand
Annual Rental income can vary, please speak to your consultant about the potential of the unit you are interested in, Residential Estates would also suggest you carry out your own due diligence in the local market at the time of purchase. 1. These particulars are only a general outline for the guidance of intending purchasers or lessees and do not constitute in whole or in part an offer or a Contract. 2. Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct, but any intending purchaser or lessee should satisfy themself by inspection, searches, enquiries, and survey as to the correctness of each statement. 3. All statements in these particulars are made without responsibility on the part of Residential Estates or the vendor or lessor. 4. No statement in these particulars is to be relied upon as a statement or representation of fact. 5. Neither Residential Estates nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property. 6. Nothing in these particulars shall be deemed to be a statement that the property is in good repair or condition or otherwise nor that any services or facilities are in good working order. 7. Photographs may show only certain parts and aspects of the property at the time when the photographs were taken and you should rely on actual inspection. 8. No assumption should be made in respect of parts of the property not shown in photographs. 9. Any areas, measurements or distances are only approximate. 10. Any reference to alterations or use is not intended to be a statement that any necessary planning, building regulation, listed building or any other consent has been obtained. 11. Amounts quoted are exclusive of VAT if applicable.
• Sought after location • Freehold, no service charge • 10yr Build Warranty Zone • Off Road Parking
IMAGESMAYNOTBEACTUALAPARTMENTANDFORMARKETINGPURPOSESONLY Telephone: 01244 343 355 website: restidential-estates.co.uk Email: sales@residential-estates.co.uk
Ripley is another Derbyshire town whose past is steeped in industry. It was mentioned in the Domesday Book as Ripelie and is situated about 9 miles outside the city of Derby.
The town had always had close associations with the coal and iron mining industries for many centuries, but it was to be brought greater prosperity in the 18th century through Benjamin Outram and his Butterley Ironworks, supplying cast iron rails to replace wooden tramways throughout the area. The company also supplied St Pancras station with its cast iron roof. Many of the older buildings in Ripley have been pulled down and replaced with new ones, though there are still some fine 19th century examples standing today, including Butterley Hall. The Hall is now in the hands of the Derbyshire Police Force in the form of their main HQ.
Close by the market place stands the Church of All Saints, erected in 1820-21, and distinctive by its aisles interior and tower. There is a railway museum close to the town, the Midland Railway Centre, which has working steam trains and various displays that include model railways.
Annual Rental income can vary, please speak to your consultant about the potential of the unit you are interested in, Residential Estates would also suggest you carry out your own due diligence in the local market at the time of purchase. 1. These particulars are only a general outline for the guidance of intending purchasers or lessees and do not constitute in whole or in part an offer or a Contract. 2. Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct, but any intending purchaser or lessee should satisfy themself by inspection, searches, enquiries, and survey as to the correctness of each statement. 3. All statements in these particulars are made without responsibility on the part of Residential Estates or the vendor or lessor. 4. No statement in these particulars is to be relied upon as a statement or representation of fact. 5. Neither Residential Estates nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property. 6. Nothing in these particulars shall be deemed to be a statement that the property is in good repair or condition or otherwise nor that any services or facilities are in good working order. 7. Photographs may show only certain parts and aspects of the property at the time when the photographs were taken and you should rely on actual inspection. 8. No assumption should be made in respect of parts of the property not shown in photographs. 9. Any areas, measurements or distances are only approximate. 10. Any reference to alterations or use is not intended to be a statement that any necessary planning, building regulation, listed building or any other consent has been obtained. 11. Amounts quoted are exclusive of VAT if applicable.
IMAGES MAY NOT BE ACTUAL APARTMENT AND FOR MARKETTelephone: 01244 343 355 website: restidential-estates.co.uk Email: sales@residential-estates.co.uk
