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Bidwell Lane, Clipsham, Oakham

East Midlands

£550,000
Listed on 01/05/2026

Property Details

Bedrooms
N/A
Type
Barn Conversion
Area
2583 sqft

Description

Situated in the tranquil Bidwell Lane area, near the quaint village of Clipsham, this substantial agricultural barn offers an exciting development prospect. With Q Class Planning Permission already in place to transform the barn into four distinct residences, each featuring private gardens and parking, there is a significant opportunity for both investors and developers to capitalize on rural living combined with modern conveniences. The barn benefits from easy access to local amenities and transport links, making it an appealing choice for future residents. Clipsham, known for its historical significance and beautiful landscape, adds further allure as it boasts a renowned Michelin-starred pub and impressive local features such as Yew Tree Avenue and St Mary’s Church. Current plans indicate that a portion of the structure will need demolition to accommodate the new layout, which includes spacious homes ranging from three to four bedrooms. With mains water and electricity already connected, prospective purchasers will need to conduct their own assessments regarding any additional work required for residential conversion. This property represents not just a renovation project but a chance to create desirable living spaces in a picturesque setting.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£213/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £350,000
Target Value
£873,984
10% above area average per sq ft
Potential ROI
-2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +5.2%
5 year growth: +7.6%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% 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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