70% shared ownership two-bedroom home near Rutland Water — ideal for first-time buyers.
70% shared ownership — lower purchase cost, not full ownership
Two double bedrooms, lounge with French doors to garden
Tandem block-paved driveway for off-street parking
Rear garden with patio and two sheds, low maintenance
Approx. 776 sqft — compact, starter-home footprint
Lease c.83 years remaining — will need renewing urgently
Ground rent ~£191.90 plus management and insurance charges
Broadband speeds reported slow; mobile signal excellent
This well-presented two-bedroom semi-detached home sits in desirable Empingham, a sought-after Rutland village with Rutland Water and local amenities close by. The accommodation is bright and orderly, with a fitted shaker-style kitchen, lounge with French doors to the garden, and two double bedrooms upstairs — a straightforward, move-in-ready layout for first-time buyers.
The property is sold as 70% shared ownership, making it an affordable route onto the local market. Practical extras include a tandem block-paved driveway for off-street parking, a manageable rear garden with patio and two sheds, and mains gas central heating with double glazing.
Important lease and cost notes: the remaining lease term is approximately 83 years and will require prompt attention; ground rent is around £191.90 plus a management charge and buildings insurance. Broadband speeds are reported as slow — relevant if you frequently work from home.
Overall this compact home offers a sensible, lower-cost entry to the Rutland market for a first-time buyer or buy-to-let investor, provided you factor in lease extension costs and modest running limitations such as broadband speed.
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