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Cold Overton Road, Oakham

East Midlands

£239,950
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Detached
Area
1051 sqft

Description

Located in a central area of Oakham, this two-bedroom detached property presents an inviting opportunity for buyers interested in making their mark through renovation. The home sits on a mature plot with front and rear gardens, offering ample space to enhance both the interior and exterior. The entrance hall welcomes you into the ground floor, where a spacious living and dining room invites natural light and versatility for day-to-day living or entertaining guests. The kitchen at the rear is functional and includes a pantry, along with direct access to the garden, allowing for potential reconfiguration or expansion plans pending necessary approvals. A convenient downstairs WC rounds out this level. Upstairs, you'll find two generously sized double bedrooms equipped with built-in storage, sharing a centrally located family bathroom that provides an excellent foundation for future enhancements. The layout allows for the possibility of converting part of the space into a third bedroom with professional guidance. Outside, the front garden adds kerb appeal while providing off-road parking leading to a detached garage. The private rear garden features paved and planted areas alongside outbuildings, presenting further landscaping possibilities or improvement projects. This property benefits from proximity to Oakham's amenities, schools, and transport links, making it not only a comfortable residence but also a promising long-term investment opportunity for those looking to create value over time.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -25.1% below area average per sq ft

-25.1%
Potential saving
This Property
£228/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£352,264
10% above area average per sq ft
Potential ROI
+28.1%
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

Cold Overton Road, 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
£850
Based on a loan of £179,962 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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