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Cold Overton Road, Oakham - Image 1
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Cold Overton Road, Oakham

East Midlands

£260,000
Listed on 21/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
828 sqft

Description

This three-bedroom semi-detached property on a generous corner plot presents an excellent opportunity for renovation and investment in a sought-after area close to Oakham’s historic town center. The home features an entrance porch leading into a spacious entrance hall, which provides access to the living room and a staircase to the upper floor. The living room is bright and welcoming, equipped with a double-glazed window that allows natural light to fill the space. Adjoining the living room is the kitchen, which offers practical amenities including an inset stainless-steel sink, space for essential appliances, and ample storage options. A door from the kitchen leads to a sunroom that overlooks the rear garden and connects to a convenient downstairs W.C. Upstairs, you'll find three bedrooms—two doubles and one single—alongside a family bathroom. The main bedroom is positioned at the back of the house and includes built-in storage, while the second bedroom faces the front. The family bathroom is functional with its three-piece suite, offering potential for modern updates. On the exterior, this property boasts a substantial corner plot providing off-road parking for multiple vehicles along with access to two garages via a large block-paved driveway. The fully enclosed rear garden is designed for low maintenance and features a spacious block-paved patio area complete with an inset pond, alongside two storage sheds. Overall, this property not only offers comfortable living space but also significant renovation potential in a desirable location, making it an appealing prospect for investors or those looking to create their dream home. The energy performance certificate rates it as D, reflecting opportunities for enhanced efficiency through updates. Tenure: Freehold.

Investment Analysis

(LE15 area)

Above Market Value

This property is priced +2.3% above area average per sq ft

+2.3%
This Property
£314/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£227
Avg Yield
2.9%

Renovation Potential

Est. Renovation Cost
£26,000 - £65,000
10-25% of property value
Target Value
£279,433
10% above area average per sq ft
Potential ROI
-14.0%
After renovation
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 12.9%
5 year growth: 13.0%
Investment Disclaimer: Analysis based on LE15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cold Overton Road, Oakham
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