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St. Marys Road, Manton LE15 - Image 1
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St. Marys Road, Manton LE15

East Midlands

£260,000
Listed on 19/07/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
807 sqft

Description

This charming two-bedroom middle-terrace house offers a blend of period features and modern living, positioned within the sought-after village of Manton near Rutland Water. The property presents an excellent opportunity for renovation, allowing prospective buyers to enhance its character further or adapt it to contemporary tastes. Inside, the ground floor features an open-plan sitting room and dining area that invite natural light, making it a versatile space for everyday living. The modern shaker-style kitchen is functional and well-equipped, boasting integrated appliances and ample storage, with direct access to the generously-sized rear garden—a considerable asset for anyone looking to extend or cultivate outdoor space. The first floor hosts two bedrooms and a dressing room that could easily be converted into an additional bedroom or home office. The bathroom is equipped with essential amenities, though there’s potential for modernization or expansion if desired. The property also includes a brick outbuilding in the garden, currently featuring utility and WC facilities along with an office space. This outbuilding adds significant value and versatility—ideal for those working from home or looking for extra storage solutions. Manton itself lies conveniently between Oakham and Uppingham, providing residents access to essential services including shops, schools, and recreational activities. Its proximity to Rutland Water offers abundant opportunities for outdoor pursuits such as sailing, cycling, and walking, making this location appealing not only for personal enjoyment but also as a potential rental investment due to its desirability among visitors seeking local attractions. With gas central heating and double glazing already in place, this property combines comfort with the potential for further enhancement. Given its features and location advantages, it represents an enticing prospect for both first-time buyers eager to customize their new home or investors aiming to capitalize on the area’s growing appeal.

Investment Analysis

(LE15 area)

Above Market Value

This property is priced +6.5% above area average per sq ft

+6.5%
This Property
£322/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£268,574
10% above area average per sq ft
Potential ROI
-4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by +2.7% over the last 12 months
3 year growth: 6.8%
5 year growth: 8.2%
Investment Disclaimer: Analysis based on LE15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

St. Marys Road, Manton LE15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE