Summary - 11 Lodge Stables, Burley Road LE15 6DH
2 bed 1 bath Apartment
Secure, town-centre two-bed for over-55s with long lease and parking.
Spacious 926 sqft two-bedroom first-floor apartment with Juliet balcony
A spacious two-bedroom first-floor apartment in the gated Lodge Stables development, perfectly positioned a short walk from Oakham town centre. The open-plan living/dining room with Juliet balcony and a well-equipped breakfast kitchen give comfortable, low-maintenance living suited to over-55s who want convenience and community. The property is chain-free and comes with an allocated off-street parking space within the secure courtyard.
Practical strengths include a very long lease (980 years remaining), sealed-unit double glazing, electric central heating and on-site support from the development’s team. The communal lift and shared staircase make first-floor access straightforward, while the service charge covers external maintenance, insurance and a reserve fund for future works — useful for buyers seeking minimal unexpected upkeep.
Notable costs and limitations are clear: annual service charge of £2,736 and a nominal £5 ground rent. Heating and hot water are electric, which may mean higher running costs than gas options. The apartment shows some signs that cosmetic updating would freshen the bright interiors, particularly soft furnishings and finishes in the living area. Council Tax band D applies.
Overall this is a well-situated, secure retirement apartment that will suit downsizers wanting town-centre convenience, low-exertion communal facilities and long-term tenure security. Buyers should factor in ongoing service charges and the electric heating arrangement when assessing running costs.
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