3-bedroom detached house · LE15 7LS
Listing removedListed 341 days
Opportunity summary
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About
A newly built three-bedroom ironstone home on a generous plot with off-road parking, a garage, and a west-facing garden, located on a quiet lane in the popular village of Ashwell Ground Floor - The property is entered through a central entrance hall with doors leading to the main ground floor rooms, stairs rising to the first floor, and an understairs storage cupboard.
To the right is a dining kitchen spanning the full depth of the house, with a window to the front and French doors opening onto the rear patio and garden.
The kitchen has a comprehensive range of units with a variety of integrated appliances, and a large central island with a breakfast bar.
A door leads into a utility room with space and plumbing for white goods, access to a downstairs cloakroom, and a part-glazed door opening out to the garden, providing a practical secondary entrance.
To the left of the entrance hall is the reception room, another dual-aspect space extending the full depth of the property with a window to the front and French doors to the rear.
Timber flooring runs throughout the ground floor, creating a consistent finish. First Floor - Upstairs, a light and airy landing provides access to three double bedrooms and a family bathroom.
The principal bedroom includes an en suite shower room, while the remaining two bedrooms share a well-appointed family bathroom with a shower bath, wash basin set into a vanity unit, low-flush WC, and heated towel rail.
Outside - The property sits on a generous plot with mature boundaries providing a good level of privacy.
The front features a wide driveway with ample off-road parking, leading to a single garage with an up-and-over door.
There is pedestrian access down both sides of the house giving way to the west-facing rear garden, which has fencing to either side and a stone wall to the rear.
A large patio extends directly from the house creating that much sought-after flow from in to out, with a lawn and raised planted borders wrapping around the garden.
Location - Ashwell is a small village set in rolling countryside, just a short drive from the historic market town of Oakham and its wide range of amenities.
The village itself offers a strong sense of community with an active village hall, a well-regarded garage, Rutland Garden Village with shops and a café, an annual fete, and a well-attended 14th-century church.
The area is renowned for its excellent schooling, with several institutions recognised as Beacons of Exceptional Practice.
The East Coast main line provides intercity rail services from Peterborough to London and the Northeast.
Services & Council Tax - The property is offered to the market with all mains services and gas-fired central heating. Rutland County Council – Tax Band D Tenure - Freehold
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Water Lane, Ashwell, Rutland
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