We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · LE15 6DR
Listing removedListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique Grade II listed Georgian cottage located in the very heart of Oakham, set back within a secluded red brick walled garden next to Oakham castle with views of the All Saints Church.
Ground floor comprises; Entrance hall, modern fitted kitchen, downstairs W/C and living room with steps down into the dining room.
First floor comprises; Two double bedrooms, family bathroom and a further bedroom with doors out onto the terrace area.
The property is accessed via a secure gate with a large private lawned garden including a summer house and decking area.
Previous Planning permission was granted for a 50 sq metre annexe, this has now expired.
Currently Used As A Successful Air B&B- _P3Kynd_a9YXh9U2e&previous_page_section_name=1000&federated_search_id=776b1de4-b5fe-4e82-ad4d-9a2abd4572c1 Oakham is the county town of Rutland, 25 miles east of Leicester, 28 miles south-east of Nottingham and 23 miles west of Peterborough and excellent rail links to London.
Oakham is to the west of Rutland Water, one of Europe's largest man-made lakes. The property is conveniently located, being close to local schools as well as walking distance to the town centre.
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 Castle Garden Cottage, Oakham
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