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Don Close, Oakham, LE15 6JS

East Midlands

£520,000
Listed on 25/01/2026

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled in a tranquil cul-de-sac, this extensively extended detached residence offers a perfect blend of urban amenity and rural charm, boasting impressive vistas and access to the nearby Woodland Trust Meadows. This property stands as an excellent canvas for buyers eager to infuse their personal style. While certain areas have been tastefully updated with modern finishes, other sections are ripe for rejuvenation, providing an opportunity for future enhancement and value addition. The expansive ground floor features a spacious open-plan living and dining space, complemented by a well-equipped kitchen with an adjoining utility room, a cozy study/snug, and a sunlit conservatory that overlooks the landscaped garden. The double garage has been cleverly repurposed into a versatile studio area, ideal for hobbies or remote work. On the upper level, you will find four sizable bedrooms, including a master suite complete with dressing room and en-suite facilities, alongside a modern family bathroom catering to the other bedrooms. Surrounded by meticulously maintained gardens and a delightful patio area, residents can also enjoy direct access to the picturesque Woodland Trust Meadows. Located in Don Close, one of Oakham's most desirable areas, this home is just a stone's throw from essential amenities such as popular junior and senior schools within walking distance. The vibrant high street of Oakham featuring shops, cafés, and restaurants is also close by. Add to this excellent transport links via the nearby train station and easy access to routes A606 and A1, making it an attractive choice for families and commuters seeking both comfort and accessibility.

Investment Analysis

(LE15 area)
Area Average
£301/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.4%

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
42
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by -2.4% over the last 12 months
3 year growth: +5.8%
5 year growth: +9.0%
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

Don Close, Oakham, LE15 6JS
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,875
Based on a loan of £390,000 over 30 years at 4.06% 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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