2-bedroom house · LE15 6DP
Listing removedListed 134 days
Opportunity summary
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About
Internal: Entrance Hall – The entrance door from the communal hall opens to the entrance hall with carpeted flooring, a telephone intercom system and doors to the kitchen/diner, the bedrooms and the bathroom.
Kitchen - Fitted with a range of contemporary wall and base units with complementing worktops, an inset stainless steel sink basin with a drainer and mixer tap, an integrated set of appliances including a fridge-freezer, electric oven, countertop electric hob and overhead extractor hood, space for further appliances and for a table and chairs, a double glazed window, wood laminate flooring, tiled splashbacks, a radiator, ceiling spotlights and an open archway to the: Lounge - Bright and spacious room offering ample space for furniture for both living and dining, with carpeted flooring, a feature wall-mounted electric fire, a radiator, a feature light fitting and a set of French uPVC double glazed doors to a Juliet balcony overlooking the gardens below and the car park.
Kitchen - Fitted with a range of wall and base units with complementing worktops over, a double glazed window, vinyl flooring and tiled splashbacks, with an inset stainless steel sink basin with a drainer and mixer tap and an integrated electric oven, countertop hob and overhead extractor hood, with space for further appliances.
Bedroom One - Double sized bedroom with a double glazed window, carpeted flooring, a radiator and a door to the en-suite shower room.
En-Suite Shower Room – Modern suite comprising a push-button WC and wash hand basin set into a vanity unit with mirrored cabinets, a shaver point and a spotlight above, a spacious step-in shower enclosure with a sliding glass door, vinyl flooring, tiled splashbacks, ceiling spotlights, a heated towel rail and an extractor fan.
Bedroom Two - Double sized bedroom with a double glazed window, carpeted flooring, a range of built-in wardrobes and a radiator.
WC – Modern suite comprising a push-button WC with a mirrored cabinet above, a wash hand basin with a lighted mirror and shaver point above, a fitted vanity unit with a worktop above and a cupboard and shelves beneath, vinyl flooring, tiled walls, a tall heated towel rail and an extractor fan.
External: The development features beautifully maintained communal gardens with laid to lawn and patio areas, a car park for both residents and visitors and a lift to all floors.
Additional information: Council Tax Band: B Local Authority: Rutland County Lease Term: 999 years from 1 January 2008 Ground Rent: Tbc Service Charge: £1,225.12 This information is to be confirmed by the vendor's solicitor.
Early viewing is highly recommended due to the property being realistically priced
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
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FAQ
About Saville Court, Penn Street, Oakham
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