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See how verdicts work4-bedroom detached house · LE15 6SL
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-proportioned four bedroom detached family home, positioned within a sought-after residential area of Oakham and offering fantastic potential to modernise.
Occupying a generous plot, the property provides versatile accommodation extending to approximately 1,379 sq ft, with particularly impressive bedroom sizes throughout.
The ground floor comprises an entrance hall, cloakroom/WC, spacious reception room with feature fireplace, separate dining room with door into a good sized large fitted kitchen with ample worktop and storage space plus access to the rear garden.
An integral garage and driveway parking further enhance the practicality of the home.
To the first floor are four excellent bedrooms, including a notably spacious principal bedroom with clear potential to create an en suite shower room subject to any necessary consents.
A family bathroom and separate WC complete the accommodation.
While well maintained, the property would now benefit from a programme of cosmetic updating and modernisation, presenting an exciting opportunity for buyers to personalise and create a superb long-term family home.
Outside, the property enjoys a front lawn and driveway, with side access leading to the rear garden which is mainly laid to lawn.
Oakham is an attractive and historic market town with a full range of facilities including individual shops, supermarkets, coffee shops, eating places, a library, museum and the usual sports facilities.
There are 2 markets in the week held on Wednesdays and Saturdays plus a monthly farmer's market. There is excellent primary and secondary education within the town and also independent schools.
The town is conveniently located for ease of access to major centres such as Leicester, Peterborough and Kettering with good road links including the A1 and A47, the town also has a train station with rail links to major cities including London.
Nearby Rutland Water is renowned for its sporting activities including cycling, walking, sailing, fishing and bird watching.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Welland Way, Oakham, LE15 6SL
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