LE15 7HU - 1 bed village conversion opportunity in Rutland And Melton,…

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Residential development for sale in Bridge Street, Langham, Oakham, Rutland, LE15

Summary - 2 The Bungalows, Bridge Street, Langham, OAKHAM LE15 7HU

1 bed 1 bath Residential Development

Approved conversion of a former pub into five luxury apartments in desirable Langham village..
Full planning permission for five apartments (Ref: 2023/1233/FUL)
Total accommodation approx. 3,900 sq ft on 0.242 acres
Freehold with vacant possession on completion
Up to 13 off-street parking spaces, allocated parking per apartment
Each apartment includes outdoor terrace/garden or balcony
Former public house conversion — significant redevelopment works required
Mains gas, electricity, water and drainage connected; services untested
Medium flood risk; buyers should obtain flood and building surveys
A rare redevelopment opportunity in the heart of Langham with full planning permission (Rutland County Council ref: 2023/1233/FUL, granted 9 July 2024) to convert the former Noel Arms pub into five luxury apartments. The substantial brick-and-stone building and single-storey additions provide about 3,900 sq ft of accommodation on a large 0.242-acre plot, with off-street parking for up to 13 vehicles and private outdoor areas for each apartment.

This freehold site is aimed at developers or investors seeking a village-centre scheme in an affluent Rutland location near Oakham and Rutland Water. The approved mix delivers four two-bedroom apartments and one one-bedroom unit, each with outside terraces or gardens and allocated parking — a product that should appeal to downsizers, professionals and the local rental market.

Buyers should note practical considerations: the building is a conversion from a former public house so full redevelopment works are required, and services, heating, plumbing and electrical installations have not been tested. There is a medium flood risk to be considered and building-regulation works and party-wall or conservation conditions may be relevant.

Offered with vacant possession and a guide price of £400,000, this is a value-driven project for a buyer prepared to manage construction, compliance and fit-out to realise finished apartment values in a very affluent, rural commuter and leisure market.

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