Lodge Stables, Oakham

A delightfully light & spacious over 55’s retirement apartment situated in a lovely development in close proximity to Oakham town centre & amenities. Located on the ground floor. 

A delightfully light and spacious over 55’s retirement apartment situated in a lovely development in close proximity to Oakham town centre and amenities, located on the ground floor.

The accommodation briefly comprises of; Spacious entrance hall, open plan living/dining/kitchen, bathroom, double bedroom, master bedroom with fitted wardrobe and good sized en-suite bathroom. The complex is accessed by a quiet road just off the high street, leading to impressive wrought iron gates, through to an arch into the parking area for residents. Internal inspection is highly recommended to truly appreciate the space and flexibility this lovely apartment has to offer.

Lodge Stables are Leasehold with a long lease of 999 years granted in 2006. The property, therefore, benefits from 982 years remaining on the lease. The ground rent is £5, paid annually. The freehold to Lodge Stables is owned by Lodge Stables Residents Management Company of which you will have an equal share on completion of the sale. The Management Company charges approx. £578.50 per quarter and covers all external maintenance to the communal areas, an on-site team from within the site office from 09:30 – 13:30 daily, full buildings insurance and contributes to a Reserve Fund to help mitigate the costs for large works in the future. 

Oakham is the county town of Rutland, 25 miles east of Leicester, 28 miles south-east of Nottingham and 23 miles west of Peterborough and excellent rail links to London. Oakham is to the west of Rutland Water, one of Europe’s largest man-made lakes. The property is conveniently located, being close to local schools as well as walking distance to the town centre.