Debdale, Cottesmore
East Midlands
£450,000
Listed on 15/10/2026
Listed on 15/10/2026
The listing
Property details
Bedrooms
4Type
BungalowArea
1238 sqftFeatures
- Garage
- Garden
- Parking
Description
This four-bedroom detached bungalow in a Rutland village has a flexible single-storey layout, a corner plot and open countryside views. The accommodation includes a living room opening to a conservatory, a kitchen and dining area, a utility room, four bedrooms, a family bathroom and an en-suite shower room to the principal bedroom. The property is offered with no onward chain and has scope for modernisation, with any extension subject to planning approval.
Outside, gardens wrap around the bungalow, with established planting and hedging. A driveway provides off-street parking and leads to a double garage, which may also suit storage or workshop use. The village setting offers access to local amenities and nearby rural walks.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
41out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached bungalow offers a generous canvas in a sought-after Rutland village: four bedrooms, multiple reception spaces, a bright conservatory, a large garden and a double garage. The interior looks maintained but dated, so the £5,000–£14,000 refurb range could refresh the older finishes, while the garden offers scope for further attention. The listing also mentions possible extension, subject to planning, but no feasibility is established.
The main drawback is the price: £450,000 is about £363 per sq ft, around 19% above the local average of £305. Adding the stated refurb range leaves the purchase-plus-works cost stretched against the local benchmark for this floor area; that comparison is not a forecast of the value after renovation. Strong space and setting give the project appeal, but the numbers make this a low-opportunity buy at the current asking price.
Key opportunities
- Refresh the dated interior finishes, including the older-style kitchen cabinetry and bathroom finishes.
- Make use of the large corner-plot garden, established planting and countryside outlook with landscaping and outdoor seating improvements.
- Explore the listing’s stated extension scope, subject to planning and proper feasibility checks.
Key risks
- At £450,000, the purchase price is high relative to the local £/sq ft benchmark.
- Even with the stated £5,000–£14,000 refurbishment range, purchase plus works costs remain stretched against the local benchmark for this floor area; this is not a post-renovation value forecast.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,700
Based on a loan of £337,500 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.
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