Ashwell Road, Oakham
NE

Ashwell Road, Oakham

By Nest Estates

£ 550,000

Reviews

2 out of 5 stars

Nest Estates says ..

*** RENOVATION OPPORTUNITY & WITH PLANNING TO EXTEND *** NO ONWARD CHAIN *** Four bedroom, four reception room, detached family home in a very sought after location. Viewings highly advised.

Property Oracle says ..

This four-bedroom, two-bathroom property located on Ashwell Road in Oakham, Rutland, presents a significant renovation project. The property’s asking price of £550,000 is high, considering the extensive work needed. The property’s strengths include a good location near highly-rated schools, such as The Parks School (Outstanding Ofsted rating), and reasonable proximity to Oakham’s amenities and railway station. The home includes a modest garden, but its current state appears unkempt. The interior photos reveal dated features and several areas requiring repairs, including damage to walls and ceilings. Potential buyers should factor in considerable refurbishment costs when evaluating the overall value. Lack of precise plot size and square footage data for nearby properties hinders a precise comparative market analysis. While this property has potential due to its location and layout, potential buyers should be fully aware of the costs and effort involved in bringing it up to a modern standard. The property’s current condition might deter buyers looking for move-in-ready options but could attract investors or those seeking a unique renovation project in a prime location.

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
6
Condition
4
Location
7
Land
5
Bedrooms
4
Bathrooms
2
Sqft (est)
1,170.79

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
386,360.70 £
Decreased by 5.71 %
from 409,776.50 £
Average area rental value
1,450.00 £/mo
Increased by 34.63 %
from 1,077.00 £/mo
Est letting value
1,170.79 £/mo
Unchanged by 0.00 %
from 1,170.79 £/mo
Est rental Yield
6.69 %
Increased by 50.34 %
from 4.45 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Nest Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
The Parks SchoolCommunity Special SchoolOutstanding0.25 KM
English Martyrs' Catholic Primary SchoolAcademy ConverterGood0.46 KM
Oakham SchoolOther Independent School0.79 KM
Brooke Priory SchoolOther Independent School1.02 KM
The Shires At OakhamOther Independent Special SchoolOutstanding1.03 KM

Images

Photo 13 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 6 Photo 14 Photo 15 Photo 5 Photo 14 Photo 16

Nearby Streets

NameAverage PriceAverage SqftDistance
Chestnut Road £ 000.00 KM
Mayfield £ 000.00 KM
Kestrel Road £ 000.00 KM
Wren Close £ 000.00 KM
Jay Close £ 585,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Oakham1904OKM1.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ashwell Road, Oakham £ 550,000BUY5 / 100.00 KM
BUILDING PLOT WITH PLANNING, Ashwell Road, Oakham £ 295,000BUY5 / 100.04 KM
Bullfinch Close, Oakham £ 310,000BUY5 / 100.15 KM
Barmstedt Drive, Oakham, Rutland £ 549,950BUY7 / 100.19 KM
Nightingale Way, Oakham £ 270,000BUY7 / 100.24 KM

Nearby Properties

AddressPriceDistance
50 Ashwell Road £ 172,0000.06 KM
43 Ashwell Road £ 261,0000.06 KM
54 Ashwell Road £ 569,9500.06 KM
52 Ashwell Road £ 360,0000.06 KM
56 Ashwell Road £ 375,0000.06 KM