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East Midlands
£450,000
Listed on 02/10/2026
Listed on 02/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom detached house in the heart of Oakham town centre presents a solid opportunity for buyers looking to invest in a spacious property with potential for personalisation. The asking price of £450,000 translates to £295/sqf, which is reasonably below the local average of £305/sqf, making it an attractive entry point for a project buyer. While the all-in renovation costs look tight against local benchmarks, this home offers a well-maintained exterior and interior, with bright, spacious living areas and a functional kitchen that can easily be updated to reflect modern tastes.
The property boasts a generous plot with a well-maintained garden that provides privacy and ample space for outdoor activities. The layout allows for potential reconfiguration or expansion, offering a canvas for future improvements. With no onward chain and a desirable location close to amenities and schools, this house is ideal for families or those seeking a long-term home that can grow with them. The combination of spacious interiors and outdoor space makes this property a promising opportunity for those ready to take on a medium-scale renovation project.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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