4 bedroom detached for sale

£440,000

4

Bedrooms

3

Bathrooms

2

Reception

Belvoir Sales and Lettings are proud to present this beautiful 4-bedroom detached property for sale. The property is located in Oadby and is close to local amenities, schools and transport links. This property boasts an expansive layout which is perfect for family living. The hallway leads to the cosy front room for relaxation and entertaining. The spacious rear dining room/ lounge is perfect for family gatherings or events which then opens up into an airy conservatory. The fitted kitchen is equipped with state-of-the-art appliances and ample cabinet space and opens up into a utility room. The master bedroom offers a tranquil retreat with ample storage and a practical ensuite, while three additional bedrooms feature neutral decor and generous storage. The traditional family bathroom ensures practicality and convenience. The garden is semi-paved and grassy areas are perfect for outdoor activities. The large single garage includes plenty of storage options and the ample driveway provides options for parking. Another feature of this property is the solar panel installation for reduced energy charges.

HALLWAY

The hallway allows access to the front lounge, kitchen, rear dining room and W/C.

FRONT LOUNGE

The cosy front lounge is neutrally decorated and carpeted, allowing a view of the front garden.

REAR DINING ROOM/ LOUNGE

The expansive dining room/ lounge is flooded with natural light from the large patio doors.

KITCHEN

The fitted L-shaped kitchen is a chef's dream whilst the units had a contemporary touch. The kitchen flows seamlessly into the practical utility room.

UTILITY ROOM

The utility roomhouses more storage facilities and allows access to the side shed.

W/C

The ground floor includes a convenient W/C with a basin.

MASTER BEDROOM

The spacious master bedroom is neutrally decorated and carpeted, offering ample storage solutions and access to the ensuite.

ENSUITE

The ensuite, accessible from the master bedroom, comprises a W/C, basin and shower enclosure.

BEDROOM TWO

This double bedroom, facing the rear exterior of the property, provides plenty of space for storage and belongings.

BEDROOM THREE

Twin to bedroom two, this double bedroom located at the rear of the property, offers ample storage solutions.

BEDROOM FOUR

This single front-facing bedroom is perfect for a child's room, guest room or home office. Though smaller in size, it offers the same neutral decor and comfort as the other bedrooms, making it a cosy and functional space.

FAMILY BATHROOM

The spacious bathroom includes a W/C, basin and shower over the bath, ensuring convenience for the whole family.

GARDEN

The expansive garden is half paved and half grass landscape which is perfect for outdoor activities and events. The rear garden is accessible via the side of the property, making it practical. The side shed is convenient for storage which can be accessed from the garden, the front of the property and the utility room.

GARAGE

The large single garage features ample space for storage even with a car parked inside.

PARKING

This property offers ample parking options including a driveway with space for two cars, a garage and additional on-street parking.

Don't miss out on this gem, book yourself in for a viewing today!

EPC rating: E. Council tax band: E, Tenure: Freehold,

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

£ 365700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 11000
  • 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

£ 35700
  • 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

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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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