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Audit Hall Road, Empingham

East Midlands

£475,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1012 sqft

Description

Nestled in the picturesque village of Empingham, this two-bedroom bungalow is situated on a generous plot that offers considerable renovation and investment potential. With the right vision and planning, buyers can explore opportunities to extend the existing footprint or enhance the property further. The layout includes a spacious reception room that creates a welcoming atmosphere, complemented by a well-sized kitchen/breakfast area, a practical utility space, and an integral garage for added convenience. Two comfortable bedrooms are serviced by a family bathroom, and built-in storage solutions are available throughout the home. A notable feature of this property is its expansive mature garden. Meticulously maintained and thoughtfully landscaped, it offers an abundance of greenery with established trees and vibrant flowering shrubs. The winding brick pathway leads through the lawn to various seating areas, including a delightful patio ideal for outdoor gatherings. A tranquil pond with a water feature adds to the serene ambiance of the garden, while practical outbuildings like a timber shed provide additional storage options. The sizable plot not only ensures privacy but also caters to gardening enthusiasts or those seeking a peaceful retreat from daily life. Positioned in central Empingham, residents enjoy proximity to Rutland Water and access to excellent local amenities. Convenient transport links connect you to nearby towns such as Oakham and Stamford, along with major road networks. This bungalow presents a unique opportunity for those interested in both village living and future development potential, making it an appealing prospect in this desirable location.

Investment Analysis

(LE15 area)

Above Market Value

This property is priced +55.1% above area average per sq ft

+55.1%
This Property
£469/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£336,799
10% above area average per sq ft
Potential ROI
-32.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by +2.7% over the last 12 months
3 year growth: 6.8%
5 year growth: 8.2%
Investment Disclaimer: Analysis based on LE15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Audit Hall Road, Empingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE