Worst House on the Street Logo
Cold Overton Road, Oakham - Image 1
Cold Overton Road, Oakham - Image 2
Cold Overton Road, Oakham - Image 3
Cold Overton Road, Oakham - Image 4
Cold Overton Road, Oakham - Image 5
Cold Overton Road, Oakham - Image 6
Cold Overton Road, Oakham - Image 7
Cold Overton Road, Oakham - Image 8
Cold Overton Road, Oakham - Image 9
Cold Overton Road, Oakham - Image 10
Cold Overton Road, Oakham - Image 11

Cold Overton Road, Oakham

East Midlands

£260,000
Listed on 22/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
959 sqft

Description

Situated on a spacious corner plot, this three-bedroom semi-detached home presents a valuable opportunity for renovation and investment in a sought-after area near Oakham’s historic town centre. The property is primed for modernization, allowing new owners to tailor it to their specific tastes and needs. The layout begins with an entrance porch leading into a welcoming hall that connects to the living room. This well-sized living area features a large front-facing window that fills the space with natural light and includes a wall-mounted electric fire. Adjacent to the living room is the kitchen, which offers practical features such as an inset stainless-steel sink, space for cooking appliances, and plumbing for laundry facilities. A storage cupboard and wood laminate flooring add convenience and functionality. Beyond the kitchen, you’ll find a sunroom that overlooks the rear garden, providing an inviting transition to outdoor spaces. Upstairs, the property accommodates three bedrooms—two generously sized doubles and one single—along with a family bathroom. The main bedroom is positioned at the rear of the house and includes built-in storage; meanwhile, bedroom two overlooks the front garden. The family bathroom features essential amenities including a panel bath and vanity unit. Externally, the property boasts ample off-road parking along with access to two garages via a block-paved driveway. The enclosed rear garden has been designed for low maintenance and features a substantial patio area with an inset pond and additional storage sheds. This property's location near Oakham ensures easy access to local amenities while also presenting significant potential for value enhancement through renovation efforts. With thoughtful updates, this house could transform into a desirable family home or investment property in an appealing community setting.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -10.4% below area average per sq ft

-10.4%
Potential saving
This Property
£271/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£319,160
10% above area average per sq ft
Potential ROI
+10.1%
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

Cold Overton Road, Oakham
Loading map...

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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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