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The Nook, Whissendine

East Midlands

£400,000
Listed on 25/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1276 sqft

Description

Located in the desirable village of Whissendine, this spacious property sits on a generous plot, presenting an excellent opportunity for those looking to invest in a home with significant renovation potential. The size of the grounds adds a unique dimension, allowing for possible extensions or reconfigurations, pending necessary planning approvals. This flexibility makes it an appealing choice for families or investors aiming to customize their living space over time. The current layout features both a main cottage and a separate self-contained annexe. The ground floor of the cottage includes a reception room as well as a kitchen and shower room that offer solid foundations for modernization. With thoughtful updates, these areas could be transformed to better reflect contemporary tastes. Upstairs, the cottage comprises three well-sized bedrooms alongside a WC, with built-in storage providing added convenience. These spaces could benefit from some refurbishment to enhance their overall appeal. The annexe enhances the property's versatility and is equipped with its own bedroom, kitchen, shower room, and living area with direct access to the garden—ideal for guests or family members needing independent living space. The outdoor area stands out due to its size, offering ample potential for landscaping or constructing additional structures such as garages or sheds (subject to permissions). This retreat-like garden provides both privacy and the opportunity for expansion that is rare in such a central village location. With convenient access to Whissendine’s amenities and nearby towns like Oakham, this property not only offers immediate accommodation but also exceptional future prospects—a true canvas awaiting enhancement.

Investment Analysis

(LE15 area)

Above Market Value

This property is priced +4.3% above area average per sq ft

+4.3%
This Property
£313/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£421,992
10% above area average per sq ft
Potential ROI
-8.3%
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
33%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by -3.9% over the last 12 months
3 year growth: +3.5%
5 year growth: +8.3%
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

The Nook, Whissendine
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 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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