3-bedroom house · LE15 8PY
Listing removedListed 219 days
Opportunity summary
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About
A three-bedroom detached residence offering significant potential for extension and renovation, ideally situated in the highly sought-after Rutland village of Empingham.
The property benefits from a generous front garden and extensive off-road parking.
The accommodation comprises an entrance hall, living room, dining room, conservatory, kitchen, utility room, ground floor WC, and shower room, along with two double bedrooms and a third, smaller bedroom.
The property also includes a garage and presents excellent scope for side and rear extensions, subject to the necessary planning permissions.
About Empingham, Rutland Empingham is a highly sought-after village set in the heart of Rutland, England’s smallest and arguably most picturesque county.
Perfectly positioned just moments from the shores of Rutland Water, one of Europe’s largest man-made reservoirs, the village offers a wonderful blend of countryside charm, community spirit, and convenience - making it a popular choice for families, retirees, and professionals alike.
This well-served village boasts a range of essential amenities, including a thriving village shop, a highly regarded primary school, and a doctors' surgery - all within walking distance.
The local pub, The White Horse, offers a warm welcome and traditional fare, while nearby market towns such as Oakham, Stamford, and Uppingham provide a broader selection of shops, restaurants, and secondary schools, including some outstanding independent options.
Empingham also benefits from excellent transport links, with easy access to the A1 for commuters and a direct rail connection to London from nearby Stamford or Peterborough.
Surrounded by rolling countryside and scenic walking and cycling routes, yet still well connected, Empingham is the ideal location for those seeking a peaceful rural lifestyle without compromising on accessibility.
Whether you're drawn by the beauty of Rutland Water, the vibrant community, or the opportunity to enjoy village life at a gentler pace, Empingham represents a rare and rewarding place to call home.
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 7, Willoughby Drive, Oakham
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