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Holyrood Close, Oakham

East Midlands

£600,000
Listed on 20/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
2020 sqft

Description

Situated in a sought-after cul-de-sac in Oakham, this substantial five-bedroom detached house is an excellent opportunity for those looking to invest in a property with considerable renovation potential. The absence of an onward chain allows for a smoother transaction process. The property sits on a sizeable plot, providing ample scope for modernization, extension, and reconfiguration to create a bespoke family residence. The ground floor features a variety of reception areas that can be tailored to suit modern living needs. A generously sized living room benefits from dual-aspect windows that flood the space with natural light, while the separate dining room offers an ideal setting for entertaining guests. The kitchen provides opportunities for reconfiguration or opening up to create a larger open-plan family area, supported by an adjoining larder. An additional versatile room can function as a home office or playroom, enhancing the property's adaptability. Practical amenities include a ground floor WC and an integral garage. Upstairs, the first floor comprises five bedrooms surrounding a central landing. The master suite is particularly noteworthy with its en-suite bathroom and connected dressing area, providing a private retreat within the home. The remaining four bedrooms are spacious, most being comfortably sized doubles, accommodating various family needs or guest stays alongside access to a family bathroom. Outside, the expansive rear garden is one of the property's standout features, predominantly laid to lawn and surrounded by mature plants, it not only provides privacy but also offers potential for further property extensions (subject to planning permission). A driveway at the front ensures convenient off-road parking along with garage access. Holyrood Close is part of a well-established residential community in Oakham that is appreciated for its tranquil atmosphere while maintaining easy access to local amenities, schools, and transport links. Opportunities like this—with generous living space and significant renovation potential—are rarely available in such desirable areas.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£297/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£667,933
10% above area average per sq ft
Potential ROI
-1.8%
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

Holyrood Close, 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
£2,164
Based on a loan of £450,000 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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