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The Range, Langham, Oakham LE15 - Image 1
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The Range, Langham, Oakham LE15

East Midlands

£599,000
Listed on 22/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2658 sqft

Description

Located in the charming village of Langham, this detached residence presents a unique opportunity for buyers looking to invest in a property that has remained within the same family since its construction. Nestled on a substantial plot, this home features spacious and adaptable living spaces, perfect for families or individuals seeking versatility. The generous ground floor includes multiple reception rooms such as a large lounge, formal dining area, and garden room, complemented by a functional kitchen and utility area. A noteworthy aspect is the ground floor annex which comprises two reception rooms and a WC, ideal for multi-generational living or accommodating guests. The upper level boasts four well-sized bedrooms, including a principal suite with an en suite bathroom alongside a family bathroom. The expansive rear garden offers privacy and significant potential for landscaping or even extension plans (subject to necessary permissions). While the property is in good condition overall, there is considerable scope for modernisation that could enhance its value significantly. This home represents an excellent foundation for those eager to put their personal touch on a property in one of Rutland's most desirable areas.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -25.0% below area average per sq ft

-25.0%
Potential saving
This Property
£225/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£879,040
10% above area average per sq ft
Potential ROI
+33.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by -3.9% over the last 12 months
3 year growth: +3.5%
5 year growth: +8.3%
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

The Range, Langham, Oakham 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
£2,160
Based on a loan of £449,250 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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