2-bedroom flat · LE15 6QJ
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superbly presented first floor retirement apartment with balcony and allocated car parking.
The development, Lonsdale Park offers excellent communal facilities including landscaped gardens and communal lounge where social activities take place.
Lonsdale Park Lonsdale Park in Oakham is located close to the heart of this historic town, in central England.
Situated opposite picturesque parklands, the development boasts 43 apartments exclusively for those over 60s.
Oakham is found in the county of Rutland, an area that was voted as the ‘best rural place to live in Britain’ by the Daily Telegraph in 2015.
With its array of green parks and fields, yet close to the town centre for great shopping and restaurant scene, and beautiful historic architecture, it’s easy to see why this pretty traditional market town is the place to be.
The apartments are all equipped with energy efficient heating and raised height electrical sockets.
Homeowners can enjoy everything the development has to offer, including the private homeowners’ lounge, landscaped gardens, and on-site car park, while visiting family and friends are more than welcome to stay over in the guest suite.
For complete peace of mind, the development is completely secure, with intruder alarms, a camera entry system and fire detection equipment.
There is also a 24-hour emergency call system and a House Manager on duty for any concerns. Mobility is never an issue, with lifts to take you to all floors.
Local Area Oakham is the county town of Rutland in the East Midlands, 30 miles south east of Nottingham, 25 miles to the east of Leicester and 23 miles west of Peterborough.
Oakham town centre has a thriving community, with plenty of independent shops, cafes and pubs, as well as all the local amenities like supermarkets, banks and pharmacies, and even a butcher's shop.
High Street shops and supermarkets.
McCarthy & Stone residents will have plenty of choice when it comes to eating out in Oakham, as there is a huge selection of restaurants serving a variety of cuisines, from traditional English fayre to Indian, Chinese and America.
Oakham train station is only 0.5 miles from the proposed development, which connects to Birmingham and Leicester to the west, and Peterborough to the east.
There is also a once-daily service to Bedford, Luton and London St Pancras which passes over the historic Welland Viaduct, so there's plenty of opportunity for days out.
Apartment Overview This delightful, two bedroom retirement apartment, situated on the first floor.
The apartment boasts a spacious lounge with access to a walk out balcony and the modern kitchen has built in appliances. Principle bedroom benefits from a walk in wardrobe and ensuite shower room.
A second double bedroom would also be perfect for use as a dining room. A guest shower room completes this wonderful apartment. A car parking space is included.
Landscaped Gardens One of the main social hubs of Lonsdale Park is the large patio area in the communal garden. This space is enjoyed by many of the homeowners throughout the year.
Best of all, Your McCarthy Stone take care of all the maintenance, leaving you free to relax and enjoy the beautiful gardens blossom and bloom throughout the seasons.
“The gardens are beautiful all year round and there are plenty of opportunities to spend time together with other neighbours, if you want the interaction.” – McCarthy Stone Homeowner Social Lifestyle The Communal Lounge is at the heart of the community at Lonsdale Park and is where the majority of social gatherings take place.
Regular activities include; coffee mornings and afternoons, games nights, Chair Yoga, quiz and movie nights.
They're a perfect opportunity to meet your neighbours and make new friends, but there's never any obligation to join in, you can socialise as much or as little as you want.
Service Charge What your service charge pays for: • House Manager who ensures the development runs smoothly • All maintenance of the building and grounds, including window cleaning, gardening and upkeep of the building exteriors and communal areas • 24hr emergency call system • Monitored fire alarms and door camera entry security systems • Maintaining lifts • Heating and lighting in communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance, water and sewerage rates The service charge does not cover external costs such as your Council Tax, electricity or TV.
Find out more about service charges please contact your Property Consultant or House Manager.
Annual Service Charge: £4,618.28 for financial year ending 306/2027 Ask about our free entitlements service to find out what benefits you may be entitled to. Ground Rent Annual fee - £495.
Reviewed 2032 Moving Made Easy Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • free Entitlements Advice to help you find out what benefits you may be entitled to.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties. For more information speak with our Property Consultant today.
Lease Information 999 years from 1st June 2017 Additional Information & Services • Ultrafast Full Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 28 Lonsdale Park, Barleythorpe Road, Rutland
Explore nearby