2-bedroom terraced house · LE15 7PL
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Grade II listed former forge dating from the mid nineteenth century, with soaring vaulted ceilings, exposed beams and a superb open plan living space opposite Market Overton’s village green.
Converted during the late twentieth century and winner of both regional and national architectural awards, The Old Forge is full of character.
Large south facing windows flood the interior with light, while exposed stone, substantial solid oak flooring, vaulted timbers and a Collyweston slate roof reflect the quality and history of the building.
Meticulously maintained, it would make a fantastic village home or weekend bolt hole. It has also been very successfully operated as an Airbnb.
Accommodation: Open plan kitchen and living space, snug or office, walk in utility and pantry, downstairs cloakroom, two double mezzanine bedrooms and ensuite bathroom.
Outside: Although there is no conventional garden, an area to the side is owned by the property and could potentially be enclosed to create a more private seating area, subject to the necessary consents.
Location: The Old Forge stands directly opposite the village green in the heart of Market Overton.
The village shop and post office, The Black Bull public house and parish church are all within a short walk.
Oakham is approximately six miles away and Stamford around thirteen miles away, with the A1 and railway services from Oakham, Stamford and Grantham readily accessible.
Agent’s note: The property is Grade II listed and offered with no onward chain.
Disclaimer In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (aml) check. An administration fee of £40 per property will apply.
This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 14 Main Street, Oakham
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