Summary - WESTGATE COURT FLAT 5 ST ANNES CLOSE OAKHAM LE15 6AZ
1 bed 1 bath Apartment
Long lease, tenant in situ — low-maintenance buy-to-let in central Oakham..
One-bedroom ground-floor apartment, 410 sq ft
A compact one-bedroom apartment in central Oakham, currently let and producing an income of £675 pcm. The flat occupies a ground-floor position with an open-plan kitchen/living area, double bedroom and bathroom — efficient living for a single occupant or couple. The kitchen and living areas are modern in style with fitted appliances and good natural light.
For investors this is a straightforward let asset: long lease (979 years), EPC C and council tax in band A reduce holding costs. Service charges are stated at £864 pa (below average) and the property is being sold with tenants in situ, offering immediate rental income.
Note the flat is small (approx. 410 sq ft) and heated by electric room heaters rather than a central gas system — running costs may be higher than mains gas heating. The wider area shows mixed indicators: very affluent area classification but local crime is recorded as high, which may affect tenant profile or future capital values. There is limited private outdoor space and parking appears to be a paved driveway shared with the building.
Overall this is a low-maintenance, leasehold investment with long lease security and predictable income. It will suit a buyer seeking a let-ready property in Oakham with modest service charges and strong nearby amenities, while accepting the compact living space and electric heating arrangement.
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