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Bidwell Lane, Clipsham, Oakham

East Midlands

£550,000
Listed on 10/04/2026

Property Details

Bedrooms
4
Type
Barn Conversion

Description

Situated in the tranquil countryside of Bidwell Lane, this substantial agricultural barn offers an exceptional investment opportunity for those looking to create residential properties. With confirmed Q Class Planning Permission to transform the barn into four individual homes, each equipped with private gardens and parking, the site is primed for redevelopment. The surrounding landscape provides a peaceful rural setting while maintaining easy access to local amenities and transport links. Clipsham, a quaint village in Rutland, is known for its historic charm and proximity to major routes. This location boasts a rich history tied to its famous Clipsham stone, utilized in prestigious constructions across the UK. Local attractions include the Michelin-starred Olive Branch pub and the unique Yew Tree Avenue—a topiary display dating back over 200 years. Planning details indicate that the transformation will involve selective demolitions and conversions into four distinct properties: - Plot 1: Approx. 123 sqm (1323 sqft) featuring 4 bedrooms and 3 bathrooms. - Plot 2: Approx. 111 sqm (1194 sqft) with 3 bedrooms and 2 bathrooms. - Plots 3 & 4: Each approx. 127 sqm (1367 sqft) designed with similar layouts of 3 bedrooms and multiple living spaces. The barn currently has mains water and electricity connections, although new owners will need to assess further service requirements for the newly proposed units. With its freehold status and absence of local authority CIL payments due to planning conditions, this property represents a viable refurbishment project for developers seeking a manageable yet rewarding venture.

Investment Analysis

(LE15 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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

Bidwell Lane, Clipsham, Oakham
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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
£1,948
Based on a loan of £412,500 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.

Stamp Duty Calculator

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