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Westmoor Farm, Cold Overton Road, Langham, Oakham, Rutland, LE15 7JG - Image 1
Westmoor Farm, Cold Overton Road, Langham, Oakham, Rutland, LE15 7JG - Image 2
Westmoor Farm, Cold Overton Road, Langham, Oakham, Rutland, LE15 7JG - Image 3
Westmoor Farm, Cold Overton Road, Langham, Oakham, Rutland, LE15 7JG - Image 4
Westmoor Farm, Cold Overton Road, Langham, Oakham, Rutland, LE15 7JG - Image 5
Westmoor Farm, Cold Overton Road, Langham, Oakham, Rutland, LE15 7JG - Image 6
Westmoor Farm, Cold Overton Road, Langham, Oakham, Rutland, LE15 7JG - Image 7

Westmoor Farm, Cold Overton Road, Langham, Oakham, Rutland, LE15 7JG

East Midlands

£1,800,000
Listed on 15/05/2026

Property Details

Bedrooms
4
Type
Detached

Description

This 117-acre pasture farm presents a unique investment opportunity nestled within a ring-fenced area near Langham, Oakham. The property features a 4-bedroom prefabricated farmhouse subject to agricultural occupancy restrictions and several traditional farm buildings ripe for conversion or refurbishment, pending necessary planning approvals. The farmhouse comprises a conservatory, kitchen, sitting room, four bedrooms, and a family bathroom. The outbuildings include two open-sided barns with asbestos roofing and earth floors, along with a workshop constructed of light gauge steel. Additionally, there’s a mobile home situated adjacent to the farm buildings that has remained in place for over 15 years but currently lacks planning consent. The surrounding land includes 12 well-sized enclosures of Grade 3B pastureland interspersed with woodland and natural water features. This offering allows for various potential uses—whether for agricultural purposes or residential development—making it an intriguing prospect for those looking to invest in rural property with significant renovation potential.

Investment Analysis

(LE15 area)
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.1%

Renovation Potential

Heavy 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
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

Westmoor Farm, Cold Overton Road, Langham, Oakham, Rutland, LE15 7JG
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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
£6,422
Based on a loan of £1,350,000 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.

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