Uppingham road, humberstone, leicester, leicestershire, le5 4dg

£285,000 Offers over

Floorplan

Property Description

Kings are delighted to present its own office's onUppingham Road, located in the thriving area ofHumberstone, Leicester. Spanning approximately137.9 sq. metres (1,484.5 sq. feet)across two floors, this property offers a fantastic opportunity for business owners looking for a ready-made setup in a high-footfall area.

The property is being sold with a lease in place, allowing the business to continue operating as usual, making it an excellent investment for those seeking continuity and immediate return potential.

Navigating Through the Property

Upon entering the property from Uppingham Road, youre welcomed into a large frontoffice space, ideal for reception, client meetings or open-plan operations. Moving through, there's asmaller private officeperfect for a managerial desk or consultation roomfollowed by akitchenand aWCtowards the rear of the ground floor.

A staircase from the front office leads to thefirst floor, where the landing connects you tothree further office roomseach well-proportioned for team working or individual use. This floor also benefits froma second kitchenandtwo additional WCs, enhancing convenience for a multi-staff setup.

Ground Floor Sizes

  • Office 1: 8.02m x 4.71m (26'4" x 15'5")

  • Office 2: 2.00m x 3.00m (6'7" x 9'10")

  • Kitchen: 1.90m x 2.90m (6'3" x 9'6")

  • WC: 1.12m x 1.61m (3'8" x 5'3")

First Floor Sizes

  • Office 3: 3.97m x 3.24m (13'0" x 10'8")

  • Office 4: 3.77m x 3.36m (12'4" x 11'0")

  • Office 5: 2.97m x 2.38m (9'9" x 7'10")

  • Kitchen: 3.70m x 3.06m max (12'2" x 10')

  • WC 1: 1.29m x 1.41m (4'2" x 4'8")

  • WC 2: 1.55m x 1.41m (5'1" x 4'8")

Location & Amenities

Located on the vibrantUppingham Road, the property enjoys prominent visibility and easy accessibility via public transport. Humberstone is a well-connected neighbourhood with a mix of residential and commercial surroundings, creating a strong base of potential customers and clients. Nearby, you'll find popular shops, eateries, healthcare services, and schools, supporting a dynamic working environment.

Contact Details

To arrange a viewing or for further details, get in touch with us at:

0116 352 7012

[email protected]

Nearest Stations:

1.76 miles
Leicester
3.62 miles
Syston
4.57 miles
South Wigston
6.28 miles
Sileby
6.9 miles
Narborough

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 237825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 24075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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