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See how verdicts work6-bedroom house · LE15 9JY
For saleListed 145 days
Opportunity summary
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About
Positioned in open undulating countryside is this substantial, period home which has a stunning rural location with extensive gardens and paddock land extending to approximately 5.5 acres in all with a range of outbuildings including triple garaging.
The property is located approximately 1 km (0.6 mile) to the north of Belton, accessed via a single track road leading onto a private tarmac driveway that has recently been resurfaced.
The original period home is built of ironstone under a slate roof, this was subsequently enlarged some 50 years ago, with a 2 storey brick extension to the rear and a further single storey wrap around extension to the side.
The property retains character and period features including beams, open dressed stone walls and fireplaces.
Although some modernisation is required, the property has recently undergone the refitting of a wet room and shower room, replacement double glazing, the installation of a new septic tank/treatment plant and replacement lpg gas boilers and tanks, and replaced radiators.
The accommodation comprises, reception porch, impressive reception hall with inglenook fireplace, family room with open fire, inner hallway, wet room, boot/boiler room, Kitchen breakfast room with access to cellar, dining room, further L shaped sitting room and snug/study.
To the first floor there are 4 bedrooms, eave storage access, 2 bathrooms and a wet room. To the second floor there are 2 further bedrooms and access to loft space.
The property is approached by a private driveway of approximately 250 metres passing through rendered walling with electric provision to install gates.
Courtyard area with a detached barn/former stabling to the left and the triple garage with an attached barn to the right.
The grounds extend to approximately 5.5 acres in all with the gardens gently sloping down to the paddock land, giving lovely views over open countryside.
Porch Reception Hall (5.88m x 4.75m (19'3" x 15'7")) Family Room (4.75m x 4.62m (15'7" x 15'1" )) Inner Hallway Wet Room Boot/Bolier Room (2.37m x 2.02m (7'9" x 6'7")) Kitchen Breakfast (6.56m x 4.03m (21'6" x 13'2")) Dining Room (4.75m x 3.69m (15'7" x 12'1")) Sitting Room (8.46m max x 8.21m max (27'9" max x 26'11" max)) Snug/Study (3.88m x 3.87m (12'8" x 12'8" )) First Floor Landing Bedroom (5.25m x 4.75m (17'2" x 15'7")) Bedroom (6.85m x 4.23m (22'5" x 13'10" )) Bedroom (4.75m x 4.62m (15'7" x 15'1")) Bedroom (4.75m x 3.78m (15'7" x 12'4")) Shower Room (3m x 2.4m (9'10" x 7'10")) Bathroom (3.1m x 2.5m (10'2" x 8'2")) Bathroom (3.1m x 2.44m (10'2" x 8'0" )) Second Floor With angled ceilings Bedroom (3.78m x 3.19m (12'4" x 10'5" )) Bedroom (5.01m x 3.19m (16'5" x 10'5" )) Stable/Barn (5.95m x 3.5m (19'6" x 11'5" )) Double Garage (6.07m x 4.63m (19'10" x 15'2")) Single Garage (4.63m x 3.32m (15'2" x 10'10")) Adjoining Barn (7.63m x 4.63m (25'0" x 15'2" )) Gardens And Grounds Courtyard area with the garaging and outbuildings.
The gardens to the front, side and rear are laid to lawn and there is also a former tennis court. The gardens slope gently down to the paddock land with mature hedging and trees.
In all extending to approximately 5.5 acres. Council Tax Rutland District Council Tax band H Services Mains Electric and water. Sewerage is to a modern compact sewage treatment plant.
Heating is by modern twin lpg gas boilers.
Communications According to Ofcom mobile coverage is available by: O2, EE, Vodafone and Three Broadband coverage is Standard according to Ofcom What3Words The location of the property can be found by using the What3Words App using: Backwood.hometown.jammy Viewing Only by 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 Lambley Lodge, Lambley Lodge Road, Oakham
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