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 %
- Est sale value
- 386,360.70 £Decreased by 5.71 %
- Average area rental value
- 1,450.00 £/moIncreased by 34.63 %
- Est letting value
- 1,170.79 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.69 %Increased by 50.34 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Nest Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Parks School | Community Special School | Outstanding | 0.25 KM |
| English Martyrs' Catholic Primary School | Academy Converter | Good | 0.46 KM |
| Oakham School | Other Independent School | 0.79 KM | |
| Brooke Priory School | Other Independent School | 1.02 KM | |
| The Shires At Oakham | Other Independent Special School | Outstanding | 1.03 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chestnut Road | £ 0 | 0 | 0.00 KM |
| Mayfield | £ 0 | 0 | 0.00 KM |
| Kestrel Road | £ 0 | 0 | 0.00 KM |
| Wren Close | £ 0 | 0 | 0.00 KM |
| Jay Close | £ 585,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Oakham | 1904 | OKM | 1.21 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ashwell Road, Oakham | £ 550,000 | BUY | 5 / 10 | 0.00 KM |
| BUILDING PLOT WITH PLANNING, Ashwell Road, Oakham | £ 295,000 | BUY | 5 / 10 | 0.04 KM |
| Bullfinch Close, Oakham | £ 310,000 | BUY | 5 / 10 | 0.15 KM |
| Barmstedt Drive, Oakham, Rutland | £ 549,950 | BUY | 7 / 10 | 0.19 KM |
| Nightingale Way, Oakham | £ 270,000 | BUY | 7 / 10 | 0.24 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 50 Ashwell Road | £ 172,000 | 0.06 KM |
| 43 Ashwell Road | £ 261,000 | 0.06 KM |
| 54 Ashwell Road | £ 569,950 | 0.06 KM |
| 52 Ashwell Road | £ 360,000 | 0.06 KM |
| 56 Ashwell Road | £ 375,000 | 0.06 KM |