5-bedroom house · LE15 6AL
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and versatile five-bedroom family home offers generous accommodation arranged over three floors, located in the heart of Oakham.
Featuring multiple reception rooms, a flexible ground floor bedroom or study, a loft hobby room, and well-proportioned bedrooms, it is ideal for families or those seeking adaptable living space.
On entering the property, a welcoming entrance hall leads through to the impressive family room measuring over 25ft in length, providing ample space for living and entertaining.
The kitchen/breakfast room is fitted with units and enjoys a bright dual aspect, flowing into a practical utility room and shower room.
A further reception room is positioned at the rear, which could be used as bedroom five, a study, or an additional sitting room, offering excellent flexibility for multi-generational living or home working.
The first floor offers three good-sized bedrooms. Bedroom one benefits from generous proportions and is accompanied by a dressing room/bedroom four, ideal as a nursery or walk-in wardrobe.
Bedrooms two and three are both double rooms, served by the family bathroom located off the landing, which also provides an airing cupboard for storage.
The loft has been converted to provide a hobby room or study area with natural light, alongside a spacious loft storage area, ideal for seasonal items or further development subject to relevant permissions.
Externally, the property enjoys a secure and private garden featuring an artificial lawned area and a spacious patio terrace, ideal for outdoor dining, entertaining, or relaxing.
There is permit parking outside the property. The garden also benefits from mature planting along one boundary offering privacy, along with external power and water supplies.
This property also benefits from solar panels There is the possibility of parking on the property although you would need to gain permission from next door to gain access.
In the past this hasn’t been a problem Positioned in the sought-after market town of Oakham, this property enjoys immediate access to local shops, restaurants, and amenities while maintaining a private setting behind secure gates.
Oakham railway station is within easy walking distance, offering connections to Leicester and Peterborough with onward services to London.
The area is renowned for its excellent schooling options, independent retailers, and proximity to Rutland Water for leisure pursuits, making it an ideal location for families and professionals alike.
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 High Street, Oakham
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