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See how verdicts work3-bedroom bungalow · LE15 8PR
Sold STCListed 47 days
Opportunity summary
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About
An attractive individual stone bungalow on a generous 0.2 acre mature plot with large barn/garaging within this highly sought after village.
With strong elements of grandeur of a bygone era, Hallstones has a Collyweston roof and is understood to have been built from salvaged ashlar stone from nearby Normanton Hall which was demolished in 1925, and the original plot was once part of Normanton Estate, as was much of Empingham at the time.
The property is not Listed, but is within the conservation area of the village and has strong symmetry with pillared portico and box bay sash windows.
Although now in need of modernisation it does give any buyer a great opportunity to bring the property into the 21st century within its external period splendour.
With high ceilings throughout, the accommodation comprises of reception hall, sitting room with stone fireplace, dining room with full height panelled picture sash windows with shutters overlooking the garden, kitchen breakfast room, 3 well proportioned bedrooms and large bathroom.
Set back with hedging to the front and central pathway to the front door passing through lawns, .
Opening to the side of the property giving access to the large detached garage/workshop with brick flooring which could be used for a variety of uses with a high pitched pantile roof and double doors out to Main Street.
Two further stone sheds with tiled roofs giving additional storage to the side of the property.
Opening to the rear with raised terrace leading onto enclosed rear garden with lawns and mature shrubs and a southerly aspect. The property has gas central heating and is offered with No Chain.
Entrance Portico Entrance Hall Entrance Porch Sitting Room (6.38m x 4.57m max (20'11" x 14'11" max)) Dining Room (3.92m x 4.55m max (12'10" x 14'11" max )) Kitchen Diner (3.91m x 3.8m (12'9" x 12'5" )) Bedroom (3.93m x 4.57m max (12'10" x 14'11" max)) Bedroom (3.96m x 3.91m (12'11" x 12'9" )) Bedroom (2.82m x 2.27m (9'3" x 7'5" )) Bathroom (2.27m x 2.7m min (7'5" x 8'10" min)) Garage/Workshop (8.64m x 5.16m (28'4" x 16'11")) External Details Set on a plot of approximately 0.2 acres and set back behind hedging with large detached garage/workshop and two further stone built stores.
Enclosed southerly aspect rear garden with high degree of privacy. Tenure Freehold Services All mains services connected with gas central heating.
Council Tax Rutland District Council Tax Band E Communication According to Ofcom: Ultrafast Full Fibre is available According to Ofcom: Mobile coverage is Likely with EE, Three, O2 and Vodafone Viewing Telephone appointment with Richardson
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.
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FAQ
About Hallstones, 37, Main Street, Oakham
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