4-bedroom detached house · LE15 9AL
For saleReduced £150k (−25%) on 24 SepListed 52 days
Opportunity summary
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About
Guide Price of £600,000 - £650,000 A Rare Opportunity to Restore a Historic Rutland Cottage Nestled within the picturesque Rutland village of Ridlington, adjacent to the village church, this enchanting Grade II Listed thatched cottage offers a rare opportunity to create a truly special home.
Dating back to the 1700's, the cottage originally formed part of the village farmstead, which has since been relocated, leaving behind a charming and historically significant setting.
Requiring complete refurbishment throughout, this is an exceptional opportunity for those seeking a rewarding restoration project.
Whether transformed into a charming family home, a smallholding, or a property with extensive storage, workshops, or ancillary agricultural use (subject to any necessary consents), the possibilities are plentiful.
The main cottage offers characterful accommodation comprising two reception rooms, including one featuring a magnificent inglenook fireplace, a kitchen, and a ground floor bathroom.
To the first floor are four bedrooms together with a separate WC.
The property enjoys an enclosed garden, beautifully framed by traditional stone walls, providing a peaceful and private outdoor space that perfectly complements the cottage's timeless character.
In addition to the cottage, the sale includes a selection of traditional barns and outbuildings, some of which are now derelict, offering exciting scope for restoration or redevelopment, subject to the necessary Listed Building and planning consents.
Properties of this nature and heritage seldom come to the market, presenting a unique chance to preserve and enhance a piece of Rutland's rich history in one of the county's most attractive village settings.
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 2, Church Lane, Oakham
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