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Main Street, Thistleton, Oakham LE15 - Image 1

Main Street, Thistleton, Oakham LE15

East Midlands

£250,000
Listed on 01/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a unique opportunity for renovation or development in a highly desirable village in Rutland. Situated on an expansive 0.5-acre lot, it comes with outline planning permission for the construction of a spacious four-bedroom detached home. The existing structure offers potential for significant enhancement or complete redevelopment, catering to both personal preferences and investment strategies. For those interested in expanding their outdoor space, there is the optional opportunity to acquire an additional acre of land through separate negotiations. This extra space could be utilized for extensive gardens, recreational use, or even a smallholding—offering versatility to any future owner while enhancing privacy. Nestled within a picturesque village known for its community spirit and tranquil surroundings, this location not only provides a serene lifestyle but also benefits from strong local amenities and transport links. Properties with such potential are seldom available, making this an ideal prospect for investors or those looking to create their ideal family home in an idyllic setting. Early inquiries are encouraged to explore this exceptional chance to shape your vision into reality.

Investment Analysis

(LE15 area)
Area Average
£307/sq ft
Avg Rent (weekly)
£227
Avg Yield
2.9%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 12.9%
5 year growth: 13.0%
Investment Disclaimer: Analysis based on LE15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Main Street, Thistleton, Oakham LE15
Map showing location of Main Street, Thistleton, Oakham LE15
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