Summary - Penn Street, Oakham, LE15 LE15 6DP
2 bed 1 bath Retirement Property
Refurbished two-bedroom retirement flat with lift, gardens and long lease..
Vacant first-floor retirement flat for over-55s, no onward chain
A recently refurbished first-floor retirement flat designed for over-55s, offered vacant and with no onward chain. The apartment provides two double bedrooms (one with built-in wardrobes and an en-suite shower), a bright living/dining room with French doors to a Juliet balcony, and a well-equipped kitchen with integrated appliances. The lift-served development has beautifully maintained communal gardens and a residents’ car park, making day-to-day life easy and pleasant.
Practical benefits include a very long lease (984 years remaining), modern fixtures throughout, and immediate availability — ideal for downsizers seeking a comfortable, low-maintenance base close to Oakham’s shops, services and transport links. The building includes communal outdoor space and visitor parking, and the flat is positioned in a low-crime, affluent area with fast broadband and strong mobile signal.
Important points: the property is leasehold, with an average service charge of £1,225.12 and ground rent details to be confirmed by solicitors. Parking in the development is available but described as limited; prospective buyers should confirm parking allocation and any visitor restrictions. Council Tax band B is relatively inexpensive, but all lease and service-charge details should be checked before purchase.
Overall this apartment suits buyers seeking a ready-to-move-into retirement home close to town amenities, with modern fittings, communal facilities and long-term security from a substantial lease, provided they accept leasehold costs and potential parking constraints.
2 bedroom retirement property for sale in Lodge Stables, Oakham, LE15 — £179,950 • 2 bed • 1 bath • 454 ft²
2 bedroom retirement property for sale in Baines Court, South Street, Oakham, LE15 — £140,000 • 2 bed • 1 bath • 717 ft²
2 bedroom apartment for sale in South Street, Oakham, LE15 — £100,000 • 2 bed • 1 bath • 603 ft²
2 bedroom apartment for sale in Lodge Stables, Burley Road, Oakham, Rutland, LE15 — £179,000 • 2 bed • 1 bath • 926 ft²
2 bedroom bungalow for sale in Braunston Road, Oakham, Rutland, LE15 — £185,000 • 2 bed • 1 bath • 732 ft²
2 bedroom flat for sale in Saddlers Court, Rosebery Avenue, Melton Mowbray, LE13 — £140,000 • 2 bed • 1 bath • 612 ft²
