Summary - 77 HERMITAGE COURT, HONEYWELL CLOSE, OADBY, OADBY LE2 5QQ
1 bed 1 bath Apartment
Affordable one-bedroom flat in Oadby — ideal for cash buyers or investors..
Chain free one-bedroom apartment with open-plan lounge kitchen
Off-street resident parking within gated forecourt
Approximately 560 sq ft; double-glazed and gas central heating
Leasehold — 79 years remaining; lenders may refuse mortgages
Ground rent £250 per year; additional leasehold costs possible
Medium flooding risk; check insurance and mitigation measures
Above-average local crime rate — consider tenancy screening
No private garden; communal outdoor space only
This one-bedroom, chain-free apartment in Hermitage Court offers straightforward, low-maintenance living in central Oadby. The open-plan lounge/kitchen and large bedroom suit a single professional, couple, or buy-to-let investor looking for easy tenancy and strong local demand. The building’s period-style exterior and communal parking add kerb appeal without private garden upkeep.
Important financial and practical considerations are clear: the flat is leasehold with 79 years remaining and a modest ground rent of £250. That lease length may restrict mortgage options—some lenders could refuse—so cash buyers or buyers prepared to arrange specialist lending or a lease extension should be prioritised. There is also a medium flood risk and above-average local crime levels to factor into insurance and tenancy screening.
Internally the apartment is neutral and well-presented with double glazing, gas central heating and integrated kitchen appliances. The open-plan layout maximises the circa 560 sq ft and provides good natural light. Local amenities, bus routes and several well-regarded schools are nearby, supporting rental demand and convenience for commuters.
Overall this property represents an affordable entry to Oadby’s residential market with clear scope for steady rental income or a modest refurbishment to increase appeal. Prospective buyers should verify lease and lending implications, obtain a survey, and factor running costs and local risk indicators into any offer.
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