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Audit Hall Road, Empingham, Oakham - Image 1
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Audit Hall Road, Empingham, Oakham

East Midlands

£300,000
Listed on 09/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
785 sqft

Description

This semi-detached property in Empingham presents a unique opportunity for renovation and expansion. Set on a generous plot of approximately 0.2 acres, the home features a south-facing garden, ample driveway space, and a garage. The layout currently consists of a spacious lounge with a wood-burning stove that connects seamlessly to the garden, a kitchen designed for dining, and an inviting entrance hall with useful storage options. Upstairs, you'll find two bedrooms along with a family bathroom equipped with essential amenities. Outside, the expansive rear garden is adorned with mature trees and has a decked area ideal for relaxation or hosting gatherings. Additionally, there is potential for front garden space enhancement. Notably, the property previously held lapsed full planning permission to transform it into a larger four-bedroom residence featuring an open-plan kitchen/dining space, utility room, study, snug area, master bedroom with en-suite facilities, additional bedrooms, and another family bathroom. This exemplifies the significant potential for growth and transformation of the home, pending new planning approval. In sum, this property offers an advantageous opportunity in a desirable village location for those looking to invest in future developments.

Investment Analysis

(LE15 area)

Above Market Value

This property is priced +25.4% above area average per sq ft

+25.4%
This Property
£382/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£263,108
10% above area average per sq ft
Potential ROI
-24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +8.1%
5 year growth: +7.8%
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

Audit Hall Road, Empingham, Oakham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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