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See how verdicts work3-bedroom terraced house · LE14 2PZ
For saleListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A most unique, 1769 built period cottage retaining many original character features with three bedrooms and having been extended and enhanced with magnificent central courtyard garden.
The property was originally a village pub and converted into this imaginative residence.
Having oil central heating and double glazing, comprises double original open doors into a main storm porch, double multi-paned doors leading into the central courtyard/gardens which are brick paved throughout.
The accommodation comprises entrance hall, lounge with feature fireplace, sitting room with entertainment wall, access to the useful cellar, refitted kitchen, dining room with central island, utility/shower room.
The first floor leads to three bedrooms and a bathroom. There is on street parking. Internal inspection is essential.
Location Somerby is situated close to the Rutland/Leicestershire border and is a hilltop village offering a good range of local facilities including primary school, health centre, well known pub with restaurant, village hall, children's play area, sports pitch, church and post office/general store.
The village is within the Catmose College catchment area and also has long established ties with equestrian activities being well known for a large riding school with livery stables.
The village is also particularly well placed for fast access to Melton Mowbray, Oakham, Leicester, Stamford, Market Harborough, Peterborough and London via the A1.
The village is made up of a large number of stone and brick period properties and cottages. The local beauty spot of Burrough Hill is also nearby.
Storm Porch Entered via double original open doors into the storm porch which has bin storage and housing the fuse box.
Double multi-paned double glazed doors into: Magnificent Courtyard Garden Brick paved with lighting, attractive wood panelling to walls and exposed brickwork.
Entrance Hall With stairs rising to the first floor, double radiator, double fronted cloaks storage cupboard, wood panelling, stairs to first floor with original banister and spindles, spotlighting to ceiling.
Lounge With double glazed window, central beam, feature surround fireplace and matching hearth, part wood panelling to walls and spotlighting to the ceiling.
Sitting Room With double glazed windows to the front with louvred shutters, two radiators, Porcelanosa tiled flooring, spotlighting to the ceiling, part panelling to the walls, entertainment wall with inset for TV and Porcelanosa tiled flooring.
Cellar With brick steps leading to a substantial square shaped cellar with electric light ideal for storage purposes.
Kitchen Having a range of base cupboards and drawers, wall units over, stainless steel two bowl sink unit with swan mixer taps, hardwood worktops, range cooker with five burner hob, extractor hood over, oven and grill under, integrated dishwasher, spotlighting to the ceiling, Porcelanosa tiled flooring, double glazed Crittall window to the courtyard, feature white radiator.
Dining Room Having a range of cupboards, three quarter sized pantry store with built-in shelving, larder fridge/freezer, Porcelanosa tiled flooring, spotlighting to ceiling, central island with four drawers under, Crittall multi-paned French doors to the courtyard.
There is a feature sliding door leading into: Utility/Shower Room With triple cupboard housing the boiler, triple wall units over, worktop, plumbing for washing machine, double shower with rainshower and handheld shower with glass screen, spotlighting to ceiling, extractor fan, Porcelanosa tiled flooring.
First Floor Landing With double glazed windows overlooking the courtyard.
Bedroom One With double glazed windows to the front with louvred shutters, floor to ceiling customised open wardrobes with hanging rails, shelving, part wood panelling to walls, radiator with cover and shelf.
Bedroom Two With double glazed windows to the front with louvred shutters, customised double fronted and single wardrobe, central feature book shelf, radiator with cover and shelf.
Access through to: Bedroom Three (Previously two rooms and currently used as a home office) With double glazed windows to either side with louvred shutters, spotlighting to the ceiling, two radiators, one with cover and shelf.
Bathroom With a panelled bath, rainshower and handheld shower over with glass screen, vanity wash hand basin with white cupboard and mixer taps under, low level WC, matching curved storage cupboards, obscure uPVC double glazed window onto courtyard, radiator, tiled flooring, airing cupboard with cylinder and header tank, access to loft space and spotlighting to the ceiling.
Outside The property fronted High Street and has on street parking.
Services & Miscellaneous It is our understanding that the property is connected to mains water, electricity and drainage.
Oil central heating and the oil tank is located in the courtyard concealed behind trellising.
To check Internet and Mobile Availability please use the following link: checker.ofcom.org.uk/en-gb/broadband-coverage To check Flood Risk please use the following link: check-long-term-flood-risk.service.gov.uk/postcode
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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