Hornbeam Crescent

Barleythorpe, Oakham, LE15

Tenure: Leasehold

Positioned on Hornbeam Crescent, this unique, shared-ownership property represents an attractive and accessible option for first-time buyers wishing to be located within a short distance to the historic market town of Oakham. Presented in immaculate condition, Hornbeam Crescent is brought to the market with NO CHAIN.

Entering via the front door, guests are welcomed into the property’s main reception room, where access continues to both the first floor via stairs, as well as the remaining ground floor accommodation. The property boasts a sociable kitchen/diner, comprising modern countertop units on two walls, integrated oven, as well as an inset gas hob and stainless-steel sink unit. The kitchen design provides space for a freestanding fridge-freezer and an undercounter washing machine. The remaining ground-floor accommodation includes a downstairs w/c, a practical storage cupboard, and access via the kitchen to the garden at the rear of the property.

The first floor of the property includes two generously sized double bedrooms, one to both the front and rear aspects. As well as a partially tiled family bathroom with three piece suite, including a panelled shower-over-bath, pedestal hand-basin, and close-coupled w/c.

Externally, Hornbeam Crescent features a fully enclosed rear garden, which has undergone recent landscaping, transforming the space into an attractive, sociable and easy to maintain design. Accessible from the garden, the property benefits from a driveway to the side of the main house, which can accommodate two / three cars.

EPC rating: B. Council tax band: B, Tenure: Leasehold, Annual service charge: £542.16, Length of lease (remaining): 89 years 2 months, % Share being sold: 50, Additional liabilities or obligations: A 99 year lease was granted in 2015. The seller currently owns a 50% share of the property. The new owner would pay rent of £265.56 monthly on the remaining 50% share to Amplius. The Shared Ownership scheme does allow purchasers to buy an increased share in the property, subject to affordability and application approval. The property is also liable to pay a monthly charge which equates to £45.18 per month to cover the service charge, buildings insurance and management fee.,

Living Room

4.53m x 3.25m (14'10" x 10'8")

Storage & Utility Space

1.61m x 1.23m (5'3" x 4'0")

Downstairs WC

1.50m x 1.20m (4'11" x 3'11")

Kitchen & Dining Area

4.54m x 2.83m (14'11" x 9'3")

First Floor Landing

Bedroom One

4.51m x 2.83m (14'10" x 9'3")

Bedroom Two

4.52m x 2.46m (14'10" x 8'1")

Bathroom

1.91m x 1.75m (6'3" x 5'9")

Shared Ownership Information

A 99 year lease was granted in 2015. The seller currently owns a 50% share of the property. The new owner would pay rent of £265.56 monthly on the remaining 50% share to Amplius. The Shared Ownership scheme does allow purchasers to buy an increased share in the property, subject to affordability and application approval. The property is also liable to pay a monthly charge which equates to £45.18 per month to cover the service charge, buildings insurance and management fee.

Residents Management Company

The property is liable to pay an annual charge to Oakham Heights Residents Management Company for the maintenance and upkeep of the common areas within the Oakham Heights development. We are advised that the current charge is £178.57 per property, per annum and is reviewable on an annual basis. Contact Newton Fallowell for further information.

Council Tax Information

Local Authority: Rutland County Council
Council Tax Band: B

Agents Notes: Draft Details

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.