Worst House on the Street Logo
Sheep Dyke, Cottesmore, Oakham - Image 1
Sheep Dyke, Cottesmore, Oakham - Image 2
Sheep Dyke, Cottesmore, Oakham - Image 3
Sheep Dyke, Cottesmore, Oakham - Image 4
Sheep Dyke, Cottesmore, Oakham - Image 5
Sheep Dyke, Cottesmore, Oakham - Image 6
Sheep Dyke, Cottesmore, Oakham - Image 7
Sheep Dyke, Cottesmore, Oakham - Image 8
Sheep Dyke, Cottesmore, Oakham - Image 9
Sheep Dyke, Cottesmore, Oakham - Image 10
Sheep Dyke, Cottesmore, Oakham - Image 11

Sheep Dyke, Cottesmore, Oakham

East Midlands

£250,000
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1081 sqft

Description

This generously sized end-of-terrace ex-local authority home offers an excellent blank canvas for those interested in personalizing a property. Nestled on a spacious plot with attractive open field views at the rear, it boasts a serene semi-rural location while providing versatile living spaces. The ground floor features an inviting entrance hall, a roomy living area, and a dining kitchen that can easily accommodate a table and chairs. Additional conveniences include a ground floor shower room and a walk-in pantry, enhancing storage options for everyday needs. On the upper level, the property provides two sizable double bedrooms alongside a third room that currently houses a toilet. This area presents an opportunity to be transformed into a full bathroom or another bedroom, catering to diverse family requirements. A recently installed boiler adds value and reliability for future renovation efforts. Outdoor highlights consist of an expansive front garden predominantly laid to lawn, complemented by a long driveway offering ample off-road parking leading to both a carport and detached garage/workshop. The rear garden is spacious as well, featuring a lawned area, greenhouse, and established vegetable patch that seamlessly backs onto picturesque open fields. Strategically located close to a highly regarded primary school in the village, this home is particularly suited for families. Moreover, it benefits from strong transport links; the A1 is just a quick drive away, allowing easy access to Oakham’s market town amenities, shops, and rail services. This property represents an attractive investment opportunity for first-time buyers or investors seeking a rewarding project in an appealing area with generous outdoor space and significant future potential.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£231/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£359,762
10% above area average per sq ft
Potential ROI
+24.1%
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

Sheep Dyke, Cottesmore, Oakham
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 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

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