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The Range, Langham, Oakham

East Midlands

£599,000
Listed on 21/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2658 sqft

Description

In the highly sought-after village of Langham, this spacious detached residence presents a unique opportunity for renovation and investment. Having been cherished by its original owners since its construction, this property sits on a generous plot that holds significant potential for enhancement. The internal layout offers ample room, featuring multiple reception areas including a large lounge, a formal dining space, and a versatile garden room that invites natural light. The kitchen and utility room function as the central hub of daily life, while the attached double garage adds convenience with internal access. One of the standout elements is the ground floor annex, which includes two reception rooms and a WC—ideal for multi-generational living or as home office space. Upstairs, four well-sized bedrooms provide comfortable accommodation, complemented by an en suite in the principal bedroom along with a family bathroom. The expansive rear garden not only provides privacy but also allows for creative landscaping or potential extensions (subject to planning permissions). While the property is currently in need of modernization, it has been well-maintained and forms a strong base for buyers looking to put their personal touch on one of Rutland's most desirable locales.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -25.0% below area average per sq ft

-25.0%
Potential saving
This Property
£225/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£879,040
10% above area average per sq ft
Potential ROI
+29.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by -3.9% over the last 12 months
3 year growth: +3.5%
5 year growth: +8.3%
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

The Range, Langham, Oakham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,160
Based on a loan of £449,250 over 30 years at 4.06% 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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