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High Street West, Uppingham, Rutland

East Midlands

£700,000
Listed on 06/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3090 sqft

Description

This four-bedroom Victorian townhouse presents a compelling opportunity for renovation and investment, located in the heart of Uppingham. While the property requires modernization throughout, it boasts significant potential due to its size and features, making it an attractive project for those looking to create a bespoke family home or rental investment. The ground floor includes a spacious kitchen, two reception rooms, and a convenient downstairs WC. An impressive entrance hall runs the length of the property, showcasing original quarry tile flooring that leads to the various living spaces and garden beyond. The kitchen offers a practical layout with an array of fitted units and space for freestanding appliances, all while providing views of the garden. A rear lobby connects the kitchen to both the downstairs WC and the outdoor area. The main reception room is notable for its generous dimensions and dual aspect windows that flood the space with natural light. It also features an open fire, adding character to this inviting area. Adjacent to this room is a second reception currently used as a dining area, which overlooks the front of the house. The ground floor further benefits from access to an approximately 160 ft² cellar, ideal for storage or potential conversion. As you move upstairs, you'll find three well-proportioned double bedrooms that are brightened by large windows. These bedrooms share access to a spacious shower room equipped with modern amenities. Ascending another set of stairs leads you to an expansive 35 ft attic space that encompasses the entire building footprint. With four dormer windows, this area holds great promise for conversion into additional living quarters or utility space. Outside, this property stands on an exceptional plot featuring off-road parking and a double garage—an uncommon find in central Uppingham. The extensive garden measures approximately one hundred fifty feet and is adorned with mature trees and shrubs that provide both beauty and privacy. A winding path invites exploration towards secondary access at the far end leading directly into the garage. Uppingham itself is a vibrant market town known for its charming blend of boutique shops and diverse dining options centered around Market Square, all within walking distance from Tudor House II. Families will appreciate proximity to excellent primary and secondary schools as well as local healthcare facilities within easy reach. The property's convenient location near the A47 ensures good transport links to larger towns such as Corby, Kettering, Leicester, and Peterborough—each offering train services that connect directly to London within about an hour. With freehold tenure and mains services readily available including gas-fired central heating, this property represents not just a home

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -26.2% below area average per sq ft

-26.2%
Potential saving
This Property
£227/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£227
Avg Yield
2.9%

Renovation Potential

Est. Renovation Cost
£70,000 - £175,000
10-25% of property value
Target Value
£1,042,813
10% above area average per sq ft
Potential ROI
+19.2%
After renovation
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 12.9%
5 year growth: 13.0%
Investment Disclaimer: Analysis based on LE15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street West, Uppingham, Rutland
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