1-bedroom flat · LE15 9SQ
For saleReduced £20k (−10.3%) on 21 JunListed 465 days
Opportunity summary
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About
Situated in the heart of Uppingham just across from the Market square this stylish apartment forms part of the conversion of a landmark building into 8 luxury apartments which was carried out approximately 7years ago.
Used by the current vendor as a ''lock up and go'' the apartment is in excellent condition and located on the top floor, which is accessed by a lift or by stairs, and has plenty of natural light.
Park your car in the private car park within the apartments allocated space and access the building via the security entry phone system.
A reception hall provides access to all the rooms with cloakroom, useful store cupboard and double bedroom, bathroom and wardrobes.
The open plan kitchen/living/dining room has a range of built in appliances including, hob, ovens, and fridge freezer. There is also a small utility room which contains a gas boiler.
The utility room also has plumbing for a washing machine.
The property is offered with no chain and offers a great opportunity to own an easy to maintain property within the historic market town of Uppingham.
Uppingham Uppingham is one of England’s hidden gems, a charming historic, honey coloured market town offering all that is best about Britain, a friendly welcoming town boasting a wealth of individual shops, galleries and great places to eat from traditional country pubs and cafes to fine restaurants and wine bars.
Every Friday sees a lively and colourful market in the square and once a year the oldest livestock market still held in a town centre in England.
Antiques, second hand tools, interesting art and Craft Shops, traditional Baker and first class Butchers all add to the charm of this lovely town.
Uppingham School Uppingham School was founded in 1584 by Archdeacon Robert Johnson, it’s impressive buildings weaving through the town and pupils much in evidence in term time, add a lively academic and atmospheric mix to the ambiance.
The School hosts first class music and drama performances in the Theatre and Chapel through the year.
Leisure Centre Uppingham boosts an extensive leisure centre which is open to all members of the local community.
It boasts a 25 metre swimming pool, fitness studio, squash courts, gymnasium, dance studios and a large sports hall and twelve outdoor tennis courts.
Rutland Area The Rutland area, known as the ‘second Cotswolds’ is well worth exploring.
Just a short drive away, or pleasant country walk, is Lyddington Bede House, originally the wing of a palace belonging to the Bishops of Lincoln and full of architectural treasures.
Eyebrook Reservoir is a favourite with walkers and birdwatchers and fascinating historic churches can be found at Stoke Dry and Exton.
Rutland Water is a wonderful place to walk, cycle, fish, sail or bird watch, in fact Ospreys can be seen in the summer.
Stamford just 15 miles away is home to Burghley House built by William Cecil, Lord High treasurer to Queen Elizabeth and venue to the Burghley Horse Trials, one of the UK’s leading equestrian events.
Hallway (5.31m x 1.49 (17'5" x 4'10")) Utility (1.84 x 1.44 (6'0" x 4'8")) Bedroom (3.34 x 2.93 (10'11" x 9'7")) Bathroom (1.83 x 1.39 (6'0" x 4'6")) Open Plan Kitchen/Living/Diner (4.72 x 4.64 (15'5" x 15'2")) External Details The property benefits from an allocated parking space with the private car park specifically for the apartments.
Services All main services are connected Service Charge The service charge payment is £1,300 per year. Ground Rent The ground rent is £212.00 per year. Tenure Leasehold.
125 year lease from 1st January 2018.
Communications According to Ofcom: Ultrafast Broadband is available According to Ofcom: Mobile coverage outdoor coverage is likely with, O2, EE, Three & Vodafone Council Tax Rutland County Council - Tax Band A Agent Notes The property is within a conservation area Viewing Strictly 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.
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Area
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FAQ
About Flat 8, 1, Orange Street, Uppingham
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