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Lambley Lodge Road, Belton In Rutland LE15

East Midlands

£1,100,000

Listed on 10/06/2026

Property Details

Bedrooms
6
Type
Detached
Area
5326 sqft

Description

Nestled within picturesque countryside, this spacious period residence offers substantial potential for renovation and investment. Spanning approximately 5.5 acres, the property features extensive gardens and paddock land, along with several outbuildings including triple garaging. The home's original structure is crafted from ironstone beneath a slate roof and has been augmented by a rear two-storey brick extension and a side wrap-around single-storey addition from around 50 years ago. Retaining many characterful elements—such as exposed beams, open dressed stone walls, and fireplaces—this residence presents an opportunity to blend historic charm with modern enhancements. Recent upgrades include the installation of a new septic tank system, double glazing, and modern heating solutions; however, further modernization is necessary throughout the property. The well-proportioned accommodation includes various living spaces such as a reception porch, impressive hall with an inglenook fireplace, family room with an open fire, wet room, boot/boiler room, kitchen breakfast room leading to a cellar, dining room, L-shaped sitting room, snug or study area. The first floor accommodates four bedrooms and multiple bathrooms while the second floor adds two additional bedrooms along with loft access. The property's approach via a newly resurfaced driveway accentuates its seclusion amidst beautiful rural surroundings. With electric provisions for gate installations already in place and a courtyard featuring former stabling nearby, it offers ample potential for adaptation. For those looking to invest in a property with both land and character—a rare combination—the opportunities here are plentiful.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -32.7% below area average per sq ft

-32.7%
Potential saving
This Property
£207/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,798,883
10% above area average per sq ft
Potential ROI
+47.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +5.7%
5 year growth: +7.2%
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

Lambley Lodge Road, Belton In Rutland LE15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,156
Based on a loan of £825,000 over 30 years at 4.45% 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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