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Cheviot Close, Oakham, LE15

East Midlands

£105,000

Listed on 17/07/2026

Property details

Bedrooms
1
Type
End Of Terrace
Area
441 sqft

Description

This property presents an excellent opportunity for renovation and investment. Accessed through a welcoming entrance lobby, the layout flows seamlessly into a living room that features double-glazed windows offering natural light from both front and rear aspects. The dining area is complemented by laminate flooring, making it a versatile space. The kitchen, located towards the back of the property, includes worktops with rolled edges, ample cupboard space, and an inset stainless-steel sink. A double-glazed door from this area leads to a rear lobby and storage space. Upstairs, you'll find a bedroom overlooking the front of the property with a built-in wardrobe for convenient storage. The bathroom includes essential amenities like a panel bath equipped with an overhead electric shower and modern fixtures. Situated on a generous corner plot, this property boasts a large garden at the rear, which offers significant potential for landscaping or extension (subject to planning permissions). With some thoughtful updates and repairs, this could be transformed into a comfortable home or an attractive rental investment.

Investment analysis

(LE15 area)

Below Market Value

This property is priced -21.9% below area average per sq ft

-21.9%
Potential saving
This Property
£238/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£290
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£147,980
10% above area average per sq ft
Potential ROI
+13.8%
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

Cheviot Close, Oakham, LE15
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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
£397
Based on a loan of £78,750 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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