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Bradley Lane, Clipsham, Oakham, Rutland, LE15

East Midlands

£450,000
Listed on 13/03/2026

Property Details

Bedrooms
4
Type
Detached

Description

This property presents a rare opportunity for a barn conversion project, nestled within nearly four acres of picturesque land in the tranquil village of Clipsham. The former grain store, designed with a steel portal frame, offers a blank canvas for transformation into a lavish residential dwelling, backed by prior approval from Rutland County Council for change of use (ref 2025/0162/PAD). This approval allows you to create an expansive home with four reception areas and four en-suite bedrooms across approximately 4,790 square feet. The architect's plans emphasize sustainability and energy efficiency with modern materials and features such as solar roofing and advanced insulation. This investment not only promises spacious living but also the chance to embrace contemporary design principles while ensuring minimal environmental impact. With ample grounds available for personal customization, including potential gardens or paddocks, this property is strategically positioned in a scenic rural location that balances seclusion with accessibility to local amenities in nearby towns. Access to essential services like mains electricity and water is already established on-site, making it easier to realize your vision for this unique development.

Investment Analysis

(LE15 area)
Area Average
£301/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by -2.4% over the last 12 months
3 year growth: +5.8%
5 year growth: +9.0%
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

Bradley Lane, Clipsham, Oakham, Rutland, LE15
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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
£1,623
Based on a loan of £337,500 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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