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St. Marys Road, Manton, Oakham, Rutland

East Midlands

£260,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
913 sqft

Description

This charming two-bedroom mid-terrace house, located in a sought-after village near Rutland Water, offers a unique investment opportunity with notable renovation potential. The property features distinctive period characteristics and includes an outbuilding that can serve as additional living space or a home office. It has gas central heating and double glazing, ensuring a comfortable base while you plan updates. The ground floor consists of an open-plan sitting room and dining area leading to a modern shaker-style kitchen that is functional but could benefit from some aesthetic enhancements. Upstairs, two bedrooms along with a dressing room and bathroom provide ample accommodation, though personal touches and upgrades could significantly increase its appeal. The generous rear garden is fully enclosed, offering scope for landscaping or outdoor improvements. With no onward chain, this property presents an excellent chance to create your ideal home in a picturesque setting.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£285/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£303,851
10% above area average per sq ft
Potential ROI
+6.6%
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, Oakham, Rutland
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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