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Burley Road, Oakham

East Midlands

£650,000
Listed on 12/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1607 sqft

Description

Situated in a prime and rarely available location within Oakham, this substantial family home provides an excellent opportunity for buyers interested in a property that combines character with expansive potential for renovation. Elevated and set on a generous plot, the home offers a unique blend of privacy and accessibility to local amenities, schools, and transport links.<br><br>The accommodation spans two floors and features well-sized rooms throughout. The ground floor showcases a welcoming dining hall at its centre, leading to an inviting living room rich in original features that enhance its traditional ambience. Adjoining the living area is a versatile garden room that captures natural light and provides direct access to the outdoor space, making it perfect for year-round enjoyment. The functional kitchen benefits from a pantry and a convenient downstairs WC, presenting an ideal basis for reconfiguration or expansion with the necessary permissions.<br><br>On the first floor, you will find four well-proportioned bedrooms arranged around a central landing, each filled with natural light—ideal for accommodating family needs or workspace requirements. A family bathroom services these bedrooms effectively.<br><br>Original period details permeate the property, offering ample opportunities for sympathetic updates while contributing to its historic allure. Though currently in good condition allowing immediate occupancy, this home holds significant potential for modernisation or extension aligned with personal preferences.<br><br>The external grounds are equally impressive; well-maintained gardens provide privacy whilst being conveniently located in town. With rear vehicular access facilitating off-street parking options alongside various outbuildings—including a garage and workshop—there exists considerable scope for further development or use as creative space. The size of the plot lends itself beautifully to potential extensions or alterations subject to planning consent, highlighting this property's compelling investment prospects in Oakham.

Investment Analysis

(LE15 area)

Above Market Value

This property is priced +34.5% above area average per sq ft

+34.5%
This Property
£404/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
£531,459
10% above area average per sq ft
Potential ROI
-25.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Burley Road, Oakham
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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
£2,344
Based on a loan of £487,500 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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