2-bedroom flat · LE15 6GH
For saleListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the well-regarded residential development John Clare Close on the edge of Oakham, this well-presented two-bedroom second-floor apartment offers thoughtfully arranged accommodation, enhanced by a number of practical improvements that maximise both space and functionality, including a single garage.
The accommodation is introduced via a generous entrance hall, providing access to useful built-in storage and setting the tone for the well-organised layout that follows.
The principal living space is a spacious open-plan living / dining room, enjoying excellent natural light and offering clearly defined areas for both relaxation and entertaining.
The adjoining kitchen is neatly arranged and well-equipped, positioned to allow for ease of use while maintaining a sociable connection to the main living space.
Both bedrooms are well-proportioned doubles, with the principal bedroom benefiting from fitted storage, while the second bedroom offers flexibility for use as a guest room or home office.
The bathroom is finished to a modern standard and conveniently serves the apartment.
A particular feature of this property is the level of thoughtful storage solutions incorporated throughout, reflecting the current owners’ careful approach to making the very best use of the available space.
Unusually for an apartment of this type, the property also benefits from a single garage, providing secure parking or valuable additional storage.
The garage offers excellent versatility, with potential for a range of uses including a home gym or hobby space, further enhancing the practicality of the home.
The property is well positioned for access to Oakham town centre, local amenities and transport links, making it an ideal option for a range of buyers seeking a low-maintenance home with added practicality.
EPC Rating: C Entrance Hall 1.02m x 5.89m Living / Dining Room 3.38m x 5.94m Kitchen 2.49m x 2.72m Bedroom One 2.57m x 4.85m Bedroom Two 1.93m x 4.85m Bathroom 1.98m x 2.49m Single Garage 2.67m x 4.93m Parking - Garage
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 John Clare Close, Oakham, LE15
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