Summary -
Flat 2,Baines Court,South Street,OAKHAM,LE15 6BQ
LE15 6BQ
2 bed 1 bath Retirement Property
Comfortable two-bedroom flat for over-50s, steps from shops and transport.
- Two-bedroom first-floor retirement apartment with private ground-floor entrance
- Spacious dual-aspect lounge/diner with good natural light
- Gas central heating, UPVC double glazing, EPC rating C
- Allocated off-street parking to the rear of the building
- Service charge c. £72.14 per month (£866 annually)
- Lease has 63 years remaining — lenders may refuse mortgages
- First-floor access via staircase; not step-free accessible
- Close walk to town centre, train station and local amenities
A well-presented two-bedroom first-floor retirement apartment set close to Oakham town centre, ideal for downsizers wanting a central, low-maintenance base. The flat benefits from a private ground-floor entrance, a spacious dual-aspect lounge/diner, gas central heating and UPVC double glazing. Allocated off-street parking sits to the rear and the property is within easy walking distance of shops, the train station and local amenities.
Practical features include a fitted kitchen, a modern shower room and good room proportions across about 717 sq ft. The development has an EPC C rating, fast broadband and very low local crime — useful comforts for over-50s who value safety and connectivity. Service charges are approximately £72.14 per month (about £866 annually).
Important leasehold note: 63 years remain on the lease. This is a material issue — many mortgage lenders may refuse lending on properties with limited lease terms. Prospective buyers should seek specialist mortgage advice and factor potential lease-extension costs into their plans.
The apartment is attractive for buyers seeking a convenient, town-centre retirement home or a self-contained property for family use. It is not suitable for those requiring step-free accommodation or long lease security without further legal and financial checks. Viewing recommended to assess layout and condition in person.
2 bedroom retirement property for sale in Penn Street, Oakham, LE15 — £200,000 • 2 bed • 1 bath
2 bedroom apartment for sale in Lodge Stables, Burley Road, Oakham, Rutland, LE15 — £159,000 • 2 bed • 1 bath • 926 ft²
2 bedroom apartment for sale in Saxon Gardens, Penn Street, Oakham, Rutland, LE15 6DF, LE15 — £370,000 • 2 bed • 2 bath • 753 ft²
2 bedroom apartment for sale in The Sidings, Oakham, Rutland, LE15 — £130,000 • 2 bed • 1 bath • 547 ft²
2 bedroom apartment for sale in Lonsdale Park, Barleythorpe Road, Oakham, Leicestershire, LE15 6QJ, LE15 — £330,000 • 2 bed • 2 bath • 793 ft²
1 bedroom bungalow for sale in Huntsmans Drive, Oakham, Rutland, LE15 — £155,000 • 1 bed • 1 bath • 511 ft²
