3-bedroom house · LE15 8QE
Listing removedListed 227 days
Opportunity summary
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About
Beautifully renovated and extended to an exceptional standard, this charming three-bedroom semi-detached cottage offers stylish countryside living with a superb range of additional features.
The property benefits from a detached outbuilding, a stunning roof terrace enjoying far-reaching views across open fields, gated parking, a private courtyard garden, and an additional nearby plot of land with planning permission for a triple garage with accommodation above.
Situated within the idyllic countryside setting of the highly sought-after Rutland village of Empingham, the home is perfectly positioned to enjoy village amenities while being surrounded by beautiful rural scenery.
The accommodation has been thoughtfully designed and finished to a high specification throughout.
At the heart of the home is an impressive open-plan kitchen and dining space, featuring elegant quartz worktops and a separate utility room, creating an ideal setting for both everyday living and entertaining.
The ground floor also offers a contemporary shower room and a spacious living room filled with natural light.
Upstairs, the property provides three well-proportioned bedrooms and a beautifully appointed four-piece family bathroom.
A detached outbuilding offers excellent potential and is primed for conversion into an annexe, home office, or studio.
Externally, the property is approached via gated access leading to a generous gravelled parking area, which opens onto a private courtyard garden.
Currently laid to gravel for ease of maintenance, this space offers excellent potential to be further landscaped with lawn or patio areas to suit the new owner’s preferences.
A short stroll from the cottage lies the additional parcel of land included in the sale, which benefits from planning permission for a triple garage with a room above.
This versatile space would provide further parking, storage, or potential ancillary accommodation, while enjoying delightful riverside views and an attractive natural setting.
This unique home combines character, modern luxury, and exciting future potential, all within one of Rutland’s most desirable village locations. 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.
Agents notes: The planning application number for the triple garage with room above is: 2026/0047/ful
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 4, Mill Lane, Oakham
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