1-bedroom flat · LE15 6DD
Sold STCListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground-floor apartment is situated in a popular cul-de-sac development in Oakham and is being sold with NO CHAIN and requires some modernisation.
It features a spacious open plan kitchen living room and a bedroom with an en-suite bathroom.
The property offers a convenient location just a short stroll away from the town center and train station, as well as excellent road connections for commuting, this delightful home presents an excellent opportunity for first-time buyers or investors.
As you approach the property from the front, the entrance hall leads through to the open kitchen/living area with dual-aspect windows and a useful storage cupboard.
The kitchen area is fitted with a range of wall and base units and offers a view to the rear aspect.
Accessed from the main living area is the bedroom that offers a view to the front aspect and access to the en-suite shower room.
The property sits on a desirable plot with low-maintenance front and rear gardens, an external garden store and includes an allocated parking space.
EPC Rating: D Garden Store 1.82m x 0.93m Entrance Hall 1.63m x 1.38m Kitchen/Living Room 4.7m x 4.48m Bedroom 2.74m x 2.37m Shower Room 2.79m x 1.89m Garden North East Facing Parking - Allocated parking
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 Ladywell, Oakham, LE15
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