An ideal first purchase or investment opportunity comes in the form of the wonderful first-floor flat situated in a quiet corner of the increasingly popular Ladywell development on Oakham’s Eastern side. Whilst by definition a leasehold flat, the property itself bears many resemblances to living in a freehold house thanks largely to its own independent front door access, gas radiator central heating, and (if you’re listening investors) no leasehold charges to pay.

The accommodation itself is naturally bright, well-designed and beautifully styled, with clearly defined living/dining areas in its main living room, a separate kitchen, and inner hallway leading to the bedrooms and bathroom and windows looking out to multiple aspects. All in all a fantastic place to call your first home and start life out on the property ladder.

ACCOMMODATION

ENTRANCE HALL

The flat is entered at ground level into an entrance hall which allows room to remove coats and shoes and store in a particularly useful cupboard, before climbing the stairs to the first floor.

LIVING ROOM - 12’0” x 19’2” (3.65m x 5.84m) max

The main living room is a great size and has been recently redecorated and fitted with new carpets. It has been thoughtfully designed to allow for both living and dining in two clearly defined areas and features windows to the front and rear allowing for plenty of natural light.

KITCHEN - 11’2” x 5’3” (3.40m x 1.60m)

With a view to the front, a beautifully refitted, modern kitchen features a matching range of fitted base and wall-mounted units together with an electric oven, gas hob, extractor fan and sink together with space for a fridge/freezer and washing machine.

From the Inner Hall...

BEDROOM ONE - 11’6” x 8’10” (3.50m x 2.69m)

A beautifully presented double bedroom which is the largest of the two has two windows to the front aspect and enough space to accommodate a wardrobe or chest of drawers.

BEDROOM TWO - 15’11” x 5’10” (4.85m x 1.77m)

The second room is also a great size and currently serves as a dressing room and study. It provides a wonderful place for guests to stay and looks out to the rear of the property. Here you will also find the airing cupboard.

BATHROOM - 6’9” x 5’10” (2.05m x 1.77m)

Serving both bedrooms, the bathroom features a three-piece suite comprising a panelled bath with full-height tiling around (to accommodate its shower attachment over), a vanity hand basin and W.C.

Outside...

To the left of the front door is a useful outside store cupboard and an allocated parking space can be found opposite the home.

THE FINER DETAILS

Tenure - Leasehold*

Remaining years on lease - 957 years.

Energy Rating - D

Local Authority - Rutland County Council

Council Tax Band - A

Approx. year built - 1983

Mains Services - Gas, Water, Electricity, Drainage

Water Meter - Yes

*It is understood that the company that owned the freehold was dissolved with all assets passed on to the crown as part of its liquidation. The crown does not enforce the terms (and subsequently any charges) associated with the lease.