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Edmonton Way, Oakham

East Midlands

£450,000
Listed on 04/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1339 sqft

Description

Located in a desirable Oakham neighbourhood, this four-bedroom detached home presents a promising opportunity for those keen to undertake a renovation project. The property features spacious living areas designed with practicality in mind, appealing to families looking to personalize their living space. The ground floor showcases an open-plan design that merges the living room with a dining area and kitchen/breakfast room, further enhanced by a conservatory that seamlessly connects indoor and outdoor spaces, ideal for both relaxation and entertaining. Complementing the layout are essential amenities such as a utility room and downstairs WC. Upstairs, the property offers four well-sized bedrooms along with a family bathroom, providing ample accommodation for family or guests. While some areas would benefit from updates, this opens the door for new owners to inject their style and preferences into the home. Externally, the residence boasts a private front garden, a generous rear garden perfect for outdoor activities, and off-street parking that accommodates multiple vehicles. A detached single garage adds extra storage or workshop possibilities. This property is particularly suited for families or investors ready to modernize in a sought-after location with easy access to local amenities, schools, and transport links.

Investment Analysis

(LE15 area)

Above Market Value

This property is priced +11.0% above area average per sq ft

+11.0%
This Property
£336/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£244
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£446,141
10% above area average per sq ft
Potential ROI
-10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by +5.1% over the last 12 months
3 year growth: 2.6%
5 year growth: 8.5%
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

Edmonton Way, 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
£1,648
Based on a loan of £337,500 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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