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Cresswell Drive, Cottesmore

East Midlands

£260,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
869 sqft

Description

Set within a desirable area of Cottesmore, this three-bedroom semi-detached home presents a solid opportunity for renovation and investment. The property features a well-maintained exterior with a block-paved driveway offering ample off-road parking alongside a tidy front garden. Inside, you'll find a spacious entrance hall that leads to an expansive open-plan living and dining area, characterized by dual-aspect windows which flood the space with natural light. This layout allows for comfortable seating and dining arrangements, while the adjoining conservatory provides additional room with lovely views of the rear garden. Though functional, the kitchen could benefit from an update to elevate its appeal and efficiency. On the upper level, there are three bedrooms; a main bedroom that offers comfort, a second good-sized double bedroom, and a third versatile room suitable for children, guests, or as a home office. These are complemented by a family bathroom. Out back lies an attractive garden primarily laid to lawn, enriched with mature plants and designated seating areas—ideal for outdoor entertaining or relaxing in nature. A sizeable outbuilding with power opens doors to extra storage or potential workspace opportunities. Situated in the vibrant community of Cottesmore, this property is conveniently close to local amenities and schools while offering easy access to Oakham and the beautiful Rutland countryside. With possibilities for extensions (pending planning permission), this home is ripe for enhancement.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -0.5% below area average per sq ft

-0.5%
Potential saving
This Property
£299/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£287,344
10% above area average per sq ft
Potential ROI
-4.2%
After renovation
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

Cresswell Drive, Cottesmore
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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
£938
Based on a loan of £195,000 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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