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Leicester Road, Uppingham, Oakham

East Midlands

£350,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached home is situated on the desirable Leicester Road in the picturesque market town of Uppingham, presenting significant renovation and investment potential. Just a short walk from the heart of the town, you'll discover a vibrant community filled with independent shops, quaint cafés, and essential amenities, all while enjoying the tranquility of this established residential area. Uppingham is well-known for its excellent educational facilities, including the prestigious Uppingham School and other highly regarded primary and secondary options. This makes it an attractive choice for families. In addition to its educational offerings, residents have access to local leisure facilities such as a sports centre, gym, and swimming pool. Upon arrival at the property, you will be welcomed by a spacious front garden and an ample driveway that enhances both functionality and curb appeal. Inside, the ground floor features a generously sized lounge that serves as an inviting space for relaxation or entertaining guests. The dining room at the back of the house seamlessly connects to the kitchen, which remains central to daily living. Connected to the kitchen is a utility room along with a versatile outbuilding that includes an outdoor WC and two sheds—these could be considered for conversion or integration into the main structure (subject to obtaining planning permission). Beyond this area lies a sizable garden that offers further possibilities. The integral garage adds valuable storage space while also providing potential for expansion into usable living areas if desired. On the upper floor, three well-proportioned bedrooms along with a family bathroom create a functional layout suitable for everyday family life. This property stands out as an ideal candidate for modernization initiatives—whether it’s updating interiors or exploring possibilities for extensions or reconfigurations (contingent upon planning approval). With its prime location in Uppingham and strong local community spirit, this home offers an excellent opportunity to craft your ideal residence while benefiting from strong investment prospects in one of Rutland's most sought-after areas.

Investment Analysis

(LE15 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Leicester Road, Uppingham, Oakham
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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
£1,282
Based on a loan of £262,500 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.

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