4 bed property

Our Summary

• Freehold Investment Opportunity | Ground Floor Restaurant & First Floor Residential Potential 11 Church Street & 1 Wall Street, Ripley, Derbyshire, DE5 3BU / DE5 3DEA rare and compelling freehold investment opportunity in the heart of Ripley town centre, comprising two adjoining properties combined to create a substantial commercial and residential asset with excellent income already in place and significant further potential
• With rent review due in April 2026, there is a realistic prospect of achieving an enhanced rental figure in line with current market conditions, making this an ideal time to acquire ahead of that uplift
• Currently requiring modernisation and improvement to bring it up to a contemporary residential standard, the space lends itself to one of two attractive strategies:Conversion to two self-contained flats (subject to the necessary planning consents), which - once let - could generate in the region of £2,000+ per month in rental incomeRetention as a single large flat, which, once refurbished, is anticipated to command rental income in the region of £1,000 per monthEither route offers a compelling value-add angle for an investor or developer looking to maximise their return on what is already an income-producing asset
• Residential figures are indicative and subject to refurbishment and any necessary planning consents
• Whether you are an established property investor, a developer seeking a straightforward value-add project, or someone looking to combine a commercial income with a residential refurbishment, this property warrants serious consideration