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School Street, Oakthorpe, DE12

East Midlands

£170,000
Listed on 12/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced home presents an excellent opportunity for those looking to invest in a property with significant renovation potential. While the interior requires modernization, it offers a solid foundation for new owners to create a space tailored to their preferences. On the ground floor, you will find a spacious main reception room that can serve as a welcoming area for guests and family gatherings, along with a kitchen diner featuring ample space for dining and cooking. The layout provides possibilities for reconfiguration, allowing for an open-concept design if desired. The property includes two generously sized bedrooms on the first floor, each offering comfortable living spaces. Additionally, there are two bathrooms that add practicality to daily routines. Externally, this property stands out with its driveway providing off-road parking convenience. The rear garden is particularly noteworthy; its size offers not only privacy but also considerable scope for landscaping or outdoor entertainment enhancements, making it a blank canvas for your vision. Located within a sought-after village setting, this home is close to various local amenities such as schools and parks, which can be attractive features for families and professionals alike. The absence of any upward chain facilitates a potentially smoother acquisition process. In summary, this property combines essential features with ample investment potential in a desirable location, making it an appealing prospect for those ready to undertake renovations and personalize their new home.

Investment Analysis

(DE12 area)
Area Average
£259/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DE12)

Area prices are rising by +10.3% over the last 12 months
3 year growth: 0.9%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on DE12 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

School Street, Oakthorpe, DE12
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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
£623
Based on a loan of £127,500 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

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