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Willoughby Drive, Empingham

East Midlands

£375,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1360 sqft

Description

This three-bedroom detached home presents an exciting opportunity for renovation and expansion in the desirable village of Empingham, Rutland. The property is set on a spacious plot with a generous front garden and ample off-road parking. Inside, you'll find an entrance hall leading to a living room, dining room, conservatory, kitchen, utility room, ground floor WC, and shower room. The layout includes two good-sized double bedrooms along with a smaller third bedroom. Additionally, there is a garage that enhances the property's functionality. Given its size and location, this residence offers significant potential for side and rear extensions (subject to planning consent), making it ideal for those looking to invest in their dream home. Empingham itself offers a coveted rural lifestyle while retaining easy access to essential amenities such as local shops, a primary school, and healthcare facilities all within walking distance. The nearby pub adds to the community feel of the village. Furthermore, excellent transport links to the A1 and rail connections to London make this location attractive for both commuting professionals and families alike. Surrounded by picturesque countryside and recreational opportunities at Rutland Water, this property stands as a promising canvas for your renovation vision.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -8.3% below area average per sq ft

-8.3%
Potential saving
This Property
£276/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£449,698
10% above area average per sq ft
Potential ROI
+1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Willoughby Drive, Empingham
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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
£1,352
Based on a loan of £281,250 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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