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1 bed flat for sale Penn Street, Oakham, LE15

Asking price
£215,000
McCarthy & Stone Resales logo

Added on 01/10/2026

Retirement home
Type
Flat
Bedrooms
1
Bathrooms
1
Size
£392 per sq ft
Tenure
Leasehold
992 years left(from the agent's description)
Service charge £9,700 a year(from the agent's description)Ground rent £435 a year(from the agent's description) EPC Energy rating band B 85

* From the agent's description. Check it with them before you rely on it.

Key features

  • Lovely one bedroom apartment with A Juliet Balcony
  • Modern kitchen with built-in appliances
  • Double bedroom with a walk-in wardrobe
  • Contemporary Shower room
  • Plenty of local amenities close by
  • Communal Lounge
  • Bistro restaurant
  • Landscaped Gardens
  • 24 hour Estate Manager team
  • Guest Suite

About this property

Saxon Gardens

Saxon Gardens is located in the attractive town of Oakham near Rutland Water. The complex features 29 one bed and 29 two bed apartments, designed exclusively for the over 70s.

At the McCarthy & Stone Retirement Living PLUS development in Oakham, safety is ensured with modern technology. The apartment is fitted with a camera entry system, so you know exactly who is calling before permitting them access and an intruder alarm, as well as smoke detectors for your safety.

Floorplan

Energy performance

Energy rating band B 85
Current
Potential
92+
A
81-91
B
Current rating: 85 B
Potential rating: 85 B
69-80
C
55-68
D
39-54
E
21-38
F
1-20
G

This home is rated band B, scoring 85 out of 100. The average British home is band D.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Council tax

Ask agent
Per year
  • Band A
    £1,825
  • Band B
    £2,129
  • Band C
    £2,433
  • Band D
    £2,738
  • Band E
    £3,346
  • Band F
    £3,954
  • Band G
    £4,563
  • Band H
    £5,475

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Rutland, 2026/27 bills run from £1,825 a year in band A to £5,475 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Rutland, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home
£392 / sq ft
Area average (sold)
£317 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£392 per sq ft, above the middle of recent sales in LE15 (£225–£398, 10th–90th percentile, 978 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 978 homes sold in LE15 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in LE15 →

Location

Penn Street, Oakham, LE15

Part of a development

This home is in Saxon Gardens. See the scheme's facilities, developer and other homes there.

Saxon Gardens

McCarthy Stone · Oakham

View development

Mortgage and stamp duty

Property price £215,000
£107k £323k
Deposit10% £22,000
£0 £215k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £193,000 mortgage. Most lenders would want a household income of about £43,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
7, Saxon Gardens, Penn Street Flat / maisonetteMar 2026807 sq ft £446/sq ft£360,000
29, Saxon Gardens, Penn Street Flat / maisonetteAug 2025807 sq ft £483/sq ft£390,000
47, Saxon Gardens, Penn Street Flat / maisonetteMay 2025775 sq ft £258/sq ft£200,000
5, Saxon Gardens, Penn Street Flat / maisonetteFeb 2025624 sq ft £400/sq ft£250,000
32, Saxon Gardens, Penn Street Flat / maisonetteSept 2024840 sq ft £441/sq ft£370,000
44, Saxon Gardens, Penn Street Flat / maisonetteJun 2024560 sq ft £439/sq ft£245,600
1, Saxon Gardens, Penn Street Flat / maisonetteMay 2024560 sq ft £420/sq ft£235,000
13, Saxon Gardens, Penn Street Flat / maisonetteMar 2024560 sq ft £473/sq ft£265,000

All sales on Penn Street → All sold prices in Oakham →

Area insights

The neighbourhood around this property.

Marketed by
McCarthy & Stone Resales
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