New Street, Oakham
NE

New Street, Oakham

By Newton Fallowell

£ 185,000

Reviews

2 out of 5 stars

Newton Fallowell says ..

Set within the heart of Oakham’s bustling town centre, only a short walk from the train station and local amenities is this very well-presented home boasting an open plan kitchen & dining area, a separate living room, ground floor shower room and two double bedrooms. Creating an ideal fi...

Property Oracle says ..

This two-bedroom terraced house in Oakham, Rutland, is listed at £185,000. The property benefits from a convenient location close to the town centre, railway station, and several well-regarded schools, including Catmose College and The Shires At Oakham, both rated ‘Outstanding’ by Ofsted. This makes it an attractive option for families and commuters. The property features exposed beams adding character, and a recently updated bathroom. However, the kitchen requires modernisation, and some other areas could benefit from improvements. The small rear garden offers some outdoor space, which is a plus for a property of this type in a town centre location. The lack of plot size information in the listing is a notable omission. Overall, the property presents a reasonable opportunity for buyers seeking a home in Oakham, but potential buyers should factor in costs for modernisation and improvements. The absence of price per square foot data for comparable properties in the area makes a definitive statement on value difficult. More information on the size of comparable properties would be beneficial for a thorough analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
486.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
260,000.00 £
Decreased by 10.40 %
from 290,190.00 £
Est sale value
160,380.00 £
Decreased by 5.71 %
from 170,100.00 £
Average area rental value
1,450.00 £/mo
Increased by 34.63 %
from 1,077.00 £/mo
Est letting value
486.00 £/mo
Unchanged by 0.00 %
from 486.00 £/mo
Est rental Yield
6.69 %
Increased by 50.34 %
from 4.45 %
Crime Rate
78.00 %
Unchanged by 0.00 %
from 78.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Oakham SchoolOther Independent School0.38 KM
Brooke Priory SchoolOther Independent School0.45 KM
The Shires At OakhamOther Independent Special SchoolOutstanding0.68 KM
Visions At OakhamChildren's Centre0.84 KM
Catmose CollegeAcademy ConverterOutstanding0.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Barlow Road £ 000.00 KM
Market Place £ 000.00 KM
Park Lane £ 000.00 KM
Buckingham Road £ 435,00000.00 KM
The Vale £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Oakham1904OKM0.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Street, Oakham £ 185,000BUY5 / 100.00 KM
New Street, Oakham, Rutland £ 179,950BUY5 / 100.02 KM
John Street, Oakham, LE15 £ 170,000BUY7 / 100.03 KM
John Street, Oakham, LE15 6AU £ 190,000BUY7 / 100.03 KM
New Street, Oakham £ 195,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
1 John Street £ 275,0000.02 KM
34 John Street £ 100,0000.02 KM
32 John Street £ 150,0000.02 KM
36 John Street £ 95,0000.02 KM
24 John Street £ 155,0000.02 KM