1 Gatehouse Lane, South Luffenham, Oakham
EW

1 Gatehouse Lane, South Luffenham, Oakham

By EweMove

£ 325,000

Reviews

3 out of 5 stars

EweMove says ..

First time to the market and situated in the sought after village of South Luffenham is this detached well-kept home boasting spacious gardens, generous flexible accommodation with potential for modernisation.  South Luffenham is a charming village with two public houses (The Bo...

Property Oracle says ..

This four-bedroom detached house in South Luffenham, Rutland, presents a mixed bag of opportunities and challenges for potential buyers. Situated in a sought-after village setting, the property benefits from a peaceful environment and the presence of several primary schools within a reasonable driving distance, though public transport is not immediately available.

The house itself is in need of modernization. The photographs reveal dated decor, worn carpets, and outdated kitchen and bathroom fittings. Whilst structurally sound, significant investment will be required to bring the property up to modern standards. This includes not only cosmetic updates but also potential plumbing and electrical work.

The property includes a sizeable garden offering considerable outdoor space, a valuable addition, particularly in a village environment. The lack of precise plot size information prevents a more precise assessment of this asset. The inclusion of a double garage adds additional storage options.

In terms of pricing, the list price of £325,000 appears reasonable considering comparable properties in the area, but the buyer must factor in the cost of the extensive renovation work. A careful assessment of these costs is essential before committing to the purchase. Buyers seeking a property with immediate move-in condition might find this demanding, whereas those comfortable with a renovation project could view the price as a potential opportunity.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
4
Bathrooms
1
Sqft (est)
1,182.63

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
244,615.00 £
Decreased by 9.46 %
from 270,169.00 £
Est sale value
338,232.18 £
Increased by 10.85 %
from 305,118.54 £
Average area rental value
854.00 £/mo
Decreased by 1.50 %
from 867.00 £/mo
Est letting value
1,182.63 £/mo
from 0.00 £/mo
Est rental Yield
4.19 %
Increased by 8.83 %
from 3.85 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • EweMove created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary And St John Cofe Va Primary SchoolVoluntary Aided SchoolGood1.36 KM
Edith Weston AcademyAcademy ConverterGood3.91 KM
Wilds Lodge SchoolOther Independent Special SchoolOutstanding7.04 KM
Empingham Church Of England Primary SchoolAcademy Converter7.10 KM
Ketton Church Of England Primary SchoolAcademy Converter7.25 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Back Lane £ 675,00000.00 KM
Digby Drive £ 000.00 KM
Johnson Close £ 200,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
1 Gatehouse Lane, South Luffenham, Oakham £ 325,000BUY6 / 100.00 KM
North Luffenham Road, South Luffenham £ 475,000BUY6 / 100.12 KM
Frisby Lane, South Luffenham £ 600,000BUY7 / 100.26 KM
Frisby Lane, South Luffenham, Rutland £ 550,000BUY7 / 100.27 KM
Back Lane, South Luffenham, Rutland £ 600,000BUY8 / 100.33 KM

Nearby Properties

AddressPriceDistance
3 Gatehouse Lane £ 220,0000.01 KM
4 Gatehouse Lane £ 378,0000.01 KM
9 Gatehouse Lane £ 196,0000.01 KM
11 Gatehouse Lane £ 187,0000.03 KM
8 Gatehouse Lane £ 85,4000.03 KM