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Westfield Avenue, Oakham

East Midlands

£285,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1010 sqft

Description

This three-bedroom semi-detached home presents an appealing prospect for those looking to invest in a property with room for growth and extension, pending necessary permissions. Spread over two levels, the layout includes a welcoming hallway that leads to a bright living room, a traditional dining area, and a modern kitchen that connects to a functional utility space and a convenient downstairs WC. On the upper floor, you will find two sizable double bedrooms along with a flexible third bedroom that can easily function as an office or nursery, complemented by a well-appointed family bathroom. An additional storage room on the second floor can further enhance living options. The substantial rear garden is noteworthy, featuring a spacious lawn ideal for recreational activities or family gatherings while offering ample potential for expansion given the plot's size. The property comes with mature landscaping and fencing that ensures privacy. Located in proximity to local amenities, highly regarded schools, and efficient transport links, this home is suitable for both families and commuters alike. Viewing is essential to appreciate the space available and the renovation possibilities it holds.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£282/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£341,133
10% above area average per sq ft
Potential ROI
+5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +5.7%
5 year growth: +7.2%
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

Westfield Avenue, Oakham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,077
Based on a loan of £213,750 over 30 years at 4.45% 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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