No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

View of Property at Front
Entrance
Living Room

2 bedroom apartment

Under offer
Apartment
2 bed
0 bath

Key information

Tenure: Leasehold | 71 yrs left
Council tax: 
Broadband: Super-fast 61Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: 
Heating: 
Electricity: 
Sewerage: 
Discover more information

Property description & features

  • Tenure: Leasehold (71 years remaining)
The perfect investment opportunity has arisen in the heart of Oakham town centre. Located within The Maltings (off MIll Street), the property is blessed with two allocated spaces and would bring in a rental income of c£600pcm giving the yield return an estimate of 5.6%.

Communal Hall - Entrance door, staircase leading to No. 10 The Maltings on the first floor.

Entrance Hall - Private entrance door, wood flooring, loft hatch, built-in airing cupboard with slatted shelving.

Living Room - 3.18m x 5.18m + recess (10'5" x 17'0" + recess) - Feature electric log-effect stove with period-style surround and raised marble hearth, electric storage radiator, wood flooring, ceiling cornice, dual-aspect windows.

Kitchen - 1.83m x 2.79m + recess (6'0" x 9'2" + recess) - Modern fitted units incorporating granite-effect work surfaces with inset 1.5-bowl single drainer stainless steel sink unit, base cupboard and drawer units and matching eye-level wall cupboards, built-in electric oven and electric hob with extractor hood above, plumbing for washing machine, wall-mounted electric fan heater, window.

Bedroom One - 3.23m x 3.53m (10'7" x 11'7") - Electric storage radiator, wood flooring, two windows.

Bedroom Two - 3.68m x 3.05m (12'1" x 10'16") - Electric storage radiator, wood flooring, window, roof light.

Bathroom - 1.68m x 2.03m (5'6" x 6'8") - Modern white suite comprising low-level WC, pedestal hand basin and panelled bath with TRITON shower above; fully tiled splash-backs and matching partially tiled walls, vanity light with shaver point, wall-mounted electric fan heater, recessed ceiling spotlights, extractor fan, window.

Lease - There are seventy one years of the lease remaining.

AGENT NOTE: SOME IMAGES HAVE BEEN DIGITALLY STAGED TO SHOWCASE THIS PROPERTIES HUGE POTENTIAL AND TO GIVE THE PERSPECTIVE PURCHASE AN IDEA WHAT THE ROOMS WILL LIKE WHEN FURNISHED.



Additional Information:
  • Wonderful Investment Opportunity
  • Two Bedroom Apartment
  • Property Has Always Been Let Out Consistently
  • Two Parking Spaces
  • Unique Building in the Heart of Town
  • Council Tax:

    Band A

  • Energy Performance Certificate (EPC) Rating:

    Band E (39-54)

  • Service Charge:

    £500 Every 12 Months


  • Marketed by EweMove Sales & Lettings (Oakham & Market Harborough) - Property Reference 41183

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      *DISCLAIMER

      Property reference 41183. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by the agent.

      OnTheMarket may have applied supplementary data to this property listing, including:

      Broadband availability and predicted speed: obtained from Ofcom on January 5, 2022

      Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

      Basic: Up to 30 Mbit/s
      Super-fast: Between 30 Mbit/s and 300 Mbit/s
      Ultra-fast: Over 300 Mbit/s

      The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

      Mobile phone signal availability and predicted strength: obtained from Ofcom on January 5, 2022

      Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

      Clear: No bars, no signal predicted
      Red: One bar, reliable signal unlikely
      Amber: Two bars, may experience problems with connectivity
      Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
      Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

      Energy Performance data and Internal floor area

      Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

      *Call rate information

      Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.