1-bedroom bungalow · LE15 6RP
Sold STCListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jasmine Mews offers a well-kept, one-bedroom retirement cottage, designed for comfortable living within the popular Rutland Care Village and available with no onward chain.
The Rutland Care Village provides a high-quality, supportive community and an attractive environment for those aged over 55, promoting full independence.
Upon entering, a spacious entrance hall leads to the light and airy open-plan living area, which includes a patio door opening onto a private courtyard garden.
The kitchen area is equipped with floor-to-wall base units and a window overlooking the front of the property. Further down the hallway, you will find the main bedroom and a convenient wet room.
For added peace of mind, Jasmine Mews benefits from a 24/7 monitored call bell system and a daily drop-in service. To the rear is a low maintenance courtyard garden.
The grounds of Rutland Care Village are professionally maintained, offering various sections to relax and enjoy the outdoors.
The complex also features the Brambles social club and dining room, fostering a lively meeting place within an active community.
The property is just a short walk from the picturesque town centre, with a path conveniently located almost opposite, providing easy access to various amenities, public services, and the train and bus stations.
EPC rating: C. Tenure: Leasehold, Service charge description: Annual service charge of £3767.32 payable to Prime Life Ltd , Length of lease (remaining): 104 years 2 months,
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 Huntsmans Drive, Oakham
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