4-bedroom detached house · LE15 7HU
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ivy House is an attractive and substantial four-bedroom Grade II Listed character home, offering generously proportioned and highly versatile accommodation together with a separate two-storey outbuilding, situated within the popular Rutland village of Langham.
The property combines considerable character with a practical layout, with features including exposed timbers, wooden flooring, woodburning stove and an attractive period fireplace.
The ground-floor accommodation includes two generous reception rooms, a kitchen/diner with Aga and a study, providing excellent space for both family life and entertaining.
A useful utility/boot room and two separate WCs complete the ground floor.
To the first floor are four bedrooms, including a particularly generous principal bedroom with ensuite, and a further family bathroom with walk in shower which serves the remaining three bedrooms.
Externally, Ivy House benefits from an attractive enclosed garden with lawn, paved seating areas and established planting plus a working well.
The Wells Street garden is provided as a bee friendly wildflower meadow.
Also included within the sale is the separate two-storey outbuilding with WC/utility, mini range with oven hob and back boiler facilities, offering excellent flexibility for use as a workshop, home office.
Extremely competitively priced, Ivy House represents an excellent opportunity to acquire a substantial and individual four-bedroom village home with flexible additional accommodation and a separate two-storey outbuilding.
ALTERNATIVE PURCHASE OPTIONS: The wider property is also available in other combinations.
Flat 1 is available separately at £115,000 with vacant possession; Flat 2 is also available separately at £115,000 with vacant possession or Ivy House, Flat 1 and Flat 2 can be available together for Offers Over £695,000
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
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