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Woodland View, Oakham, LE15

East Midlands

£170,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
958 sqft

Description

This three double bedroom property in a prime location of Oakham presents a noteworthy refurbishment opportunity for investors or buyers looking to put their own stamp on a home. The property features a substantial rear garden and a welcoming frontage, with potential to enhance living space by removing the existing lean-to at the back, subject to planning permission. The accommodation comprises an entrance hall, sitting room, kitchen, lean-to, rear porch, downstairs cloakroom, three bedrooms, and a family bathroom. Just off the bustling town centre, it offers convenient access to local schools, shops, and essential amenities. Additionally, the front provides parking options. With no onward chain involved, this home allows for swift renovation and occupation. Oakham itself is a highly regarded market town in Rutland boasting strong community values and proximity to leisure activities at Rutland Water. The railway station ensures easy connections to Leicester and Peterborough.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -41.8% below area average per sq ft

-41.8%
Potential saving
This Property
£177/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£321,093
10% above area average per sq ft
Potential ROI
+52.9%
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

Woodland View, Oakham, LE15
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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
£602
Based on a loan of £127,500 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.

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