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Burley Road, Oakham, LE15

East Midlands

£650,000
Listed on 12/02/2026

Property Details

Bedrooms
4
Type
Detached
Area
1607 sqft

Description

This spacious family residence in a sought-after central location in Oakham offers an exceptional opportunity for homeowners and investors alike. Set on a generous plot, the property provides a unique blend of privacy and accessibility to nearby amenities, schools, and transport links. The home is well laid out over two floors, featuring an inviting dining hall that serves as the heart of the property. The living room exudes character with its original features, while a sunlit garden room provides additional versatile space with direct access to the garden. The kitchen is practical and functional, though there is ample opportunity for reconfiguration or expansion if desired, pending necessary approvals. On the first floor, four well-proportioned bedrooms surround a central landing, offering natural light and flexibility for family living or work-from-home setups. These rooms are complemented by a family bathroom. Throughout the home, period details enhance its charm and provide a foundation for those looking to modernize or extend further. The external grounds are equally impressive; beautifully maintained gardens afford a private outdoor sanctuary despite the close proximity to town life. With additional features including off-street parking accessed via rear vehicular entry and various outbuildings like a garage and workshop, there is considerable potential for storage or development opportunities. Overall, this property stands out as a rare find in Oakham with its distinctive character and significant investment potential awaiting your vision.

Investment Analysis

(LE15 area)

Above Market Value

This property is priced +31.5% above area average per sq ft

+31.5%
This Property
£404/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£543,745
10% above area average per sq ft
Potential ROI
-25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +5.2%
5 year growth: +7.6%
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

Burley Road, Oakham, LE15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,319
Based on a loan of £487,500 over 30 years at 3.97% 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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