This property represents a significant redevelopment opportunity with full planning permission already secured for the conversion of a former public house into five luxury residential apartments. The building, a two-storey structure of brick and stone construction, offers approximately 3,900 square feet of accommodation space and sits on a site measuring about 0.242 acres.
Located prominently in the heart of a popular Rutland village, just two miles northwest of Oakham, this site benefits from its proximity to local amenities and attractions. With a close-knit community of around 1,371 residents, the village features scenic countryside walks, places of worship, and family-friendly facilities such as nurseries and campgrounds. Importantly, it lies only a few miles from Rutland Water, drawing considerable tourism which could enhance the appeal of the future residential units.
The existing layout includes multiple bedrooms and living spaces across five planned apartments. Each unit has been thoughtfully designed to include features such as en suite shower rooms and outdoor areas for private use—ideal for enhancing tenant appeal. The parking provision for up to 13 vehicles adds further value, catering to both residents and guests alike.
Planning permission was granted by Rutland County Council on July 9th, 2024 (Planning Ref: 2023/1233/FUL), allowing developers the flexibility to start transforming this property into sought-after living spaces in a vibrant village setting.
Utilities such as mains electricity, gas, drainage, and water supply are available at the site; however, prospective buyers should verify their status independently. This offering is available freehold with vacant possession upon completion.
Given the location's desirability and the potential rental income from high-quality residential units post-renovation, this property presents an excellent investment prospect for those looking to enter or expand within the Rutland market.
