2-bedroom detached house · LE15 6NT
Listing removedListed 207 days
Opportunity summary
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About
Positioned within a highly convenient central Oakham setting, this two-bedroom detached home offers well-balanced accommodation with clear scope for modernisation and further enhancement.
Occupying a mature plot with both front and rear gardens, the property presents an excellent opportunity for buyers seeking to personalise and add value over time.
The accommodation is introduced via a useful entrance hall, leading through to a ground floor living areas.
The principal reception space is a generous living / dining room, extending across the depth of the property and providing a naturally light and versatile environment for both everyday living and entertaining.
The kitchen sits to the rear, complemented by a separate pantry and direct access to the garden, offering practical potential for reconfiguration or extension, subject to the necessary consents.
A ground floor WC completes the layout. To the first floor, there are two well-proportioned double bedrooms, both benefitting from built-in storage.
The family bathroom is centrally positioned and serves both rooms.
The existing layout, together with the overall proportions of the property, suggests potential to create a third bedroom, subject to further professional advice and the appropriate permissions.
Externally, the property enjoys a frontage set back from the road with a lawned garden and driveway providing off-road parking, leading to a detached garage.
To the rear, a private garden offers a combination of paved and planted areas, with a useful range of outbuildings, presenting further scope for improvement or landscaping.
The property is well placed for immediate access to Oakham’s town centre amenities, schooling and transport links, reinforcing its appeal as both a comfortable home and a longer-term project opportunity.
EPC Rating: D Entrance Hall 1.84m x 2.74m Downstairs WC 0.78m x 1.51m Living Room 3.53m x 3.71m Dining Room 2.77m x 3.09m Kitchen 3.32m x 3.41m Pantry 1.12m x 2.06m Rear Hall 1.05m x 1.83m Store 0.98m x 1.92m First Floor Landing 2.23m x 2.73m Bedroom One 3.04m x 4.79m Bedroom Two 2.75m x 3.78m Bathroom 1.67m x 2.13m Garage 2.95m x 4.7m
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 Cold Overton Road, Oakham
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