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Main Street, Teigh, Rutland

East Midlands

£1,250,000
Listed on 07/04/2026

Property Details

Bedrooms
5
Type
Barn Conversion
Area
4801 sqft

Description

Linden Lea, a converted stone and brick barn dating back to 2000, offers a unique opportunity for renovation in the tranquil village of Teigh. This versatile four/five bedroom property combines spacious living areas with character, set within mature grounds that include ample outbuildings and breathtaking countryside views. The adaptable layout features an open plan living kitchen with a traditional shaker style, high vaulted ceilings, and quality fixtures like granite worktops and a classic AGA cooker. With significant reception space including a potential fifth bedroom or dining area adjacent to a cloakroom, the ground floor is perfect for family life or guest accommodations. Upstairs, the master suite boasts impressive views and an en suite bathroom alongside two additional generously sized double bedrooms and a contemporary shower room. The expansive gardens encircle the home, providing options for outdoor entertaining and possible landscaping enhancements. A substantial garage accommodates four vehicles and holds potential for conversion into additional living space if planning permission is obtained. Furthermore, original outbuildings previously used as stables present an exciting opportunity to create functional spaces such as a home office or gym. With thoughtful renovations, this property could serve various lifestyle needs while preserving its inherent charm. The picturesque village setting adds to its appeal; local amenities in nearby market towns enhance accessibility without compromising tranquility.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -14.6% below area average per sq ft

-14.6%
Potential saving
This Property
£260/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,609,151
10% above area average per sq ft
Potential ROI
+21.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +8.1%
5 year growth: +7.8%
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

Main Street, Teigh, Rutland
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£4,427
Based on a loan of £937,500 over 30 years at 3.91% 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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