Summary - 11 ST PAULS CLOSE OADBY LEICESTER LE2 4LZ
2 bed 1 bath Flat
Low-maintenance retirement flat near shops and transport links.
85% shared ownership — affects sale and staircasing options
A compact two-bedroom first-floor flat within an Over-55s development, offered as 85% shared ownership. The layout includes a sitting room, kitchen, two good bedrooms and a bathroom, all arranged over about 570 sq ft. Double glazing and a mains-gas combi boiler provide practical, low-effort heating and insulation. Communal gardens and off-street parking make day-to-day life easy, and the property is sold with no upward chain.
This home suits someone downsizing who wants independent retirement living close to local amenities — shops, bus routes, a community centre and nearby healthcare. The EPC C rating and modern construction (late 1970s/early 1980s) give reasonable energy performance for the age. Service charge covers external maintenance, window cleaning, communal upkeep and building insurance for predictable running costs.
Important lease and finance notes: the property is leasehold with around 76 years remaining. That lease length may restrict mortgage options and some lenders could refuse to lend. The flat is sold on an 85% shared ownership basis, which affects saleability and future staircasing options. Service charges are notable and should be factored into monthly budgeting.
Viewing is recommended for someone seeking a low-maintenance retirement-flat with communal facilities and good local connections. Buyers should obtain mortgage confirmation given the limited lease term and review lease terms and service charge details before committing.
2 bedroom apartment for sale in Pauls Close, Oadby, Leicester, LE2 — £90,000 • 2 bed • 1 bath • 560 ft²
2 bedroom semi-detached bungalow for sale in Hardwick Court, off Ashleigh Road, LE3 — £135,000 • 2 bed • 1 bath • 608 ft²
2 bedroom flat for sale in Albion Street, Oadby, LE2 — £135,000 • 2 bed • 1 bath • 542 ft²
1 bedroom apartment for sale in Stoneycroft, Stoneygate Road, Stoneygate, Leicester, LE2 — £85,000 • 1 bed • 1 bath • 328 ft²
2 bedroom bungalow for sale in Estley Road, Broughton Astley, LE9 — £170,000 • 2 bed • 1 bath • 567 ft²
2 bedroom flat for sale in Grange Lane, Thurnby, LE7 — £150,000 • 2 bed • 1 bath • 656 ft²
