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Kestrel Road, Oakham, Rutland

East Midlands

£200,000

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
680 sqft

Description

Located just a short stroll from the heart of Oakham, this three-bedroom semi-detached property is an enticing prospect for first-time buyers, families seeking space, or investors looking to enhance their portfolio. With no onward chain, this home offers significant potential for modernization to suit personal tastes and preferences. The layout features an entrance hallway leading into a generous living room, perfect for both relaxation and entertaining guests. At the rear, the kitchen/diner provides ample space for family meals and gatherings. Upstairs, you'll find three bedrooms including two spacious doubles and a versatile single that could easily transition into a nursery or home office. A family bathroom completes the upper level. Outside, the private rear garden presents a great opportunity for outdoor activities or al fresco dining in the summer months. The front driveway ensures convenient off-road parking. This property is ideally located close to Oakham’s respected schools and local transport links, alongside beautiful countryside views, making it an excellent choice for those looking to create a comfortable home in a desirable area.

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Investment analysis

(LE15 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£294/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£290
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£228,177
10% above area average per sq ft
Potential ROI
-2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by -6.8% over the last 12 months
3 year growth: -0.4%
5 year growth: +2.0%
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

Kestrel Road, Oakham, Rutland
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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
£756
Based on a loan of £150,000 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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