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Melton Road, Whissendine, Oakham, Rutland - Image 1
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Melton Road, Whissendine, Oakham, Rutland

East Midlands

£380,000
Listed on 03/03/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This detached four-bedroom home presents an exciting opportunity for investment and renovation, situated in a desirable village between Oakham and Melton Mowbray. It features a single garage and generous off-road parking alongside an established garden, making it ideal for families. The property is equipped with gas central heating and full double glazing, yet invites updates to enhance modern living standards. The accommodation layout includes an entrance porch, spacious living room, dining room, well-sized kitchen with utility area, and a convenient ground floor WC. On the first floor, you'll find four bedrooms and a bathroom. While currently comfortable, the home requires various upgrades to reach its full potential. It's available with no chain, creating an appealing prospect for those looking to personalize their new home or capitalize on rental opportunities.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Melton Road, Whissendine, Oakham, Rutland
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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
£1,371
Based on a loan of £285,000 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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