2-bedroom property · LE15 7GZ
For saleReduced £5k (−3.3%) on 10 OctListed 534 days
Opportunity summary
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About
Summary A fantastic opportunity to acquire a spacious two bedroom park home in the popular location of Ranksborough Hall in the market town of Oakham.
The accommodation comprises an entrance hall, lounge, kitchen/diner, two bedrooms, with an en-suite.
Description A most beautifully presented Park Home bungalow on the Ranksborough Hall Park development in Langham.
Langham is a popular Rutland village just a couple of miles from the market town of Oakham and within easy distance of Melton Mowbray both having railway stations and a wide range of shops and amenities.
The park home offers well planned accommodation including lounge with dining area, fitted kitchen, utility, study, two double bedrooms, en-suite and bathroom.
There is a driveway to the side of the property with a detached garage and patio to the rear providing a lovely seating area. The property benefits from double glazing and central heating.
Entrance Hall With 2 radiators, carpet underfoot and a double-glazed door to the front Lounge 15' 8" Max x 19' 6" Max ( 4.78m Max x 5.94m Max ) Comprising of 3 radiators, 2 double-glazed windows to the side, 2 double-glazed windows to the front, double-glazed French doors to the rear, a fireplace and carpet underfoot.
Kitchen 8' 7" x 9' 6" ( 2.62m x 2.90m ) With a built-in electric oven, a gas hob, extractor fan, integrated fridge/freezer, a radiator, a double-glazed window to the rear, and vinyl flooring underfoot.
Utility Room This convenient utility room comprises of a double-glazed door leading to the garden, and space for a washing machine and vinyl flooring underfoot.
Bedroom One 13' 4" Into Recess x 9' 6" ( 4.06m Into Recess x 2.90m ) Comprising of ample built-in storage, carpet underfoot, a radiator and a double-glazed window to the rear.
En-Suite With a w/c, a wash-hand basin, a medicine cabinet, a free-standing shower and a double-glazed window to the rear.
Bedroom Two 10' 4" x 9' 6" ( 3.15m x 2.90m ) Comprising of ample built-in storage, carpet underfoot, a radiator and a double-glazed window to the front.
Family Bathroom With a bath, an electric shower over the bath, a w/c, a wash-hand basin, a radiator, a double-glazed window to the front and lino flooring underfoot.
Garden A South-facing wrap-around garden, with a terrace and access to both side of the property.
Garage 15' 9" x 8' 9" ( 4.80m x 2.67m ) With an electric up and over door, this garage is perfect for additional storage. Parking With ample parking for multiple vehicles. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
FAQ
About 12, Lodge Park, Oakham
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