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The Nook, Whissendine, LE15

East Midlands

£375,000
Listed on 22/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1276 sqft

Description

Situated in the desirable village of Whissendine, this substantial property presents an excellent opportunity for renovation enthusiasts and investors. The generous plot allows for significant development potential, subject to necessary planning permissions, making it particularly appealing for those looking to expand or remodel. Currently divided into a main cottage and a self-contained annexe, the existing layout provides immediate accommodation while offering ample scope for modernization. The main cottage features a reception room, kitchen, and shower room on the ground floor. The first floor hosts three decent-sized bedrooms along with a convenient WC. While these areas are functional, they present a solid foundation on which to execute renovations according to personal style preferences. The self-contained annexe adds valuable versatility with its own living space, kitchen, bedroom, and shower room—ideal for hosting guests or accommodating extended family members. Surrounding the property is an extensive garden that provides not only privacy but also flexibility to enhance outdoor space with potential extensions or additional structures (subject to consents). This property’s location within the village offers easy access to local amenities and surrounding market towns like Oakham, further adding to its allure as an investment opportunity with promising long-term value.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -3.5% below area average per sq ft

-3.5%
Potential saving
This Property
£294/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£427,677
10% above area average per sq ft
Potential ROI
-1.7%
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

The Nook, Whissendine, 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
£1,328
Based on a loan of £281,250 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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