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Newtown Crescent, Oakham LE15

East Midlands

£190,000

Listed on 05/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
947 sqft

Description

Upon entering this property, you are welcomed by a spacious entrance hall that provides access to the main living areas and staircase leading to the first floor. The generous lounge/diner, positioned at the rear, features two double-glazed windows that overlook the expansive garden, creating an inviting atmosphere for family gatherings or entertaining. The kitchen, located at the front of the house, offers a solid foundation with fitted units, essential space for appliances, and natural light through its front-facing window. Upstairs, you will find three bedrooms; two doubles and a single, with ample daylight from double-glazed windows in each room. The family bathroom includes key fixtures such as a panel bath and wash hand basin but may benefit from modernisation. Externally, the large plot features significant off-road parking and a rear garden that is predominantly lawned with a patio area perfect for outdoor relaxing. An additional outbuilding on-site offers potential for conversion into a home office or storage space. This property holds notable renovation potential, enabling future owners to enhance its value significantly with strategic upgrades.

Investment analysis

(LE15 area)

Below Market Value

This property is priced -34.2% below area average per sq ft

-34.2%
Potential saving
This Property
£201/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
£317,771
10% above area average per sq ft
Potential ROI
+47.8%
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

Newtown Crescent, 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
£718
Based on a loan of £142,500 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.

Stamp duty calculator

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