2-bedroom terraced house · LE15 6BB
Sold STCListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of central Oakham, this beautifully presented period Victorian terraced home offers a rare blend of timeless character and modern comfort, making it an ideal solution for first-time buyers or those seeking a charming retreat.
The property's cosy reception spaces have been finished to a high standard, showcasing original period features such as decorative fireplaces, sash windows, and intricate details.
The spacious living and dining rooms provide ample space for relaxing or entertaining, while the thoughtfully designed kitchen boasts contemporary fittings, quality appliances, and stylish cabinetry, seamlessly balancing functionality with aesthetic appeal.
Upstairs, the home features two generous bedrooms, each filled with natural light and offering plenty of space for storage and personalisation.
The principal bedroom is particularly impressive, with elegant proportions and traditional detailing.
Both bathrooms have been finished to an excellent modern standard, featuring sleek tiling, high-quality fixtures, and thoughtful layouts that maximise comfort and convenience.
Throughout the property, the period charm has been carefully preserved, with tasteful updates that enhance the home’s original character while providing all the benefits of modern living.
Located just moments from Oakham’s vibrant town centre, residents will enjoy easy access to a range of local amenities, independent shops, cafes, and well-regarded schools.
The property also benefits from excellent transport links, making it a practical choice for commuters or those looking to explore the wider Rutland area.
With its combination of generous accommodation, high-quality finishes, and enduring Victorian charm, this delightful terraced home represents a superb opportunity to secure a stylish and comfortable residence in one of Oakham’s most sought-after locations.
Early viewing is highly recommended to fully appreciate the unique appeal and exceptional standard of this wonderful property.
Living Room 3.43m x 3.65m Dining Room 3.43m x 4.68m Kitchen 2.09m x 3.55m Utility Room 1.75m x 1.75m Bedroom One 3.66m x 4.43m En-Suite 1.65m x 1.96m Bedroom Two 3.8m x 4.43m Bathroom 2.09m x 3.55m
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 Penn Street, Oakham
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