2-bedroom terraced house · LE15 7WE
Listing removedListed 100 days · slow let
Opportunity summary
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About
Super 2 double bedroom terrace property on the outskirts of Oakham, with rear enclosed patio garden and allocated parking for two vehicles. Available end of September.
Location - This super mid terraced property is located in the popular area of Barleythorpe, which is only is a few minutes' drive from the centre of Oakham.
The town itself, offers many amenities, including doctor's surgery and hospital, multiple restaurants, cafés and shops and the highly popular Secondary School Catmose College.
There are also a number of well-regarded primary, preparatory and independent schools nearby.
Oakham Railway Station provides easy transport links to further towns and cities, as well as Oakham Bus Station which offers regular services around the town and through to neighbouring villages.
Description - This great 2 double bedroom mid terrace house on the outskirts of Oakham, offers a comfortable living space with separate sitting room and kitchen/diner.
There is a rear enclosed patio garden and the property has 2 allocated parking spaces. Available at the end of September.
Entrace Hall: - Composite front door with upper glazed panels leading to sitting room with stairs off: Sitting Room - 4.15m x 3.71m (13'7" x 12'2") - The sitting room is a good size with useful storage cupboard under the stairs.
Utility Area - Grey tiled floor leading through to the utility area which is plumbed for a washing machine and provides a worksurface and storage cupboard.
Ground Floor Wc - 1.57m x 1.21m (5'1" x 3'11" ) - Comprising of a close coupled WC and ceramic hand basin. A single panel radiator and extractor fan.
Room is tiled to half height with neutral coloured tiles.
Kitchen/Diner - 3.73m x 2.48m (12'2" x 8'1") - The kitchen area comprises of a range of modern grey base and wall units with brushed chrome effect handles.
Fitted appliances include an oven, gas four ring hob with extractor over, integrated dishwasher and integrated fridge-freezer.
Light coloured worktops house a stainless steel one and a half sink with mixer tap. Dining area has room for a small table adjacent to a double panelled radiator.
French doors lead out from the kitchen into the rear garden.
Stairs To First Floor: - With three doors leading off to: Bedroom 1 - 3.08m x 2.78m (10'1" x 9'1") - This main double bedroom is at the front of the property and has fitted wardrobe space with hanging rail and storage shelf above.
Bedroom 2 - 3.08m x 2.71m (10'1" x 8'10") - The second double bedroom is at the rear of the property and also has built in wardrobe storage.
Bathroom - 1.96m x 1.68m (6'5" x 5'6") - The main bathroom has recently been refurbished and now provides a walk in digital controlled Mira shower.
Garden - A paved patio garden is accessed directly from the kitchen. There is garden shed, outside tap and rear light. Wooden fencing fully encloses the garden with gated access to the rear.
This leads round to the parking area for the property. Council Tax - We understand from the Valuation Office Agency website that the property has a Council Tax Band B.
Deposit - Five weeks rent payable in advance (£1,101.00) to be returned by deduction and without interest at the end of the tenancy.
Viewings - All viewings strictly by appointment through Richardson, . Services - Mains water, electricity, gas and sewerage are connected.
Broadband/Mobile - According to the Ofcom Checker broadband availability is Standard, Superfast and Ultrafast. Mobile availability is likely via O2, EE, Vodafone and limited via Three.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Tollesbury Avenue, Barleythorpe
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