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£695,000
Bedrooms
Bathrooms
Reception
Belvoir Sales and Lettings is thrilled to present this stunning 4-bedroom detached property, ideally situated in the heart of Stoneygate within the highly sought-after LE2 postcode. Nestled on the prestigious Southernhay Road, this charming home offers a rare opportunity to reside on one of the area's most desirable streets.
The ground floor features a spacious reception room, perfect for entertaining, alongside a separate dining room, a well-appointed fitted kitchen, a utility room, and a convenient W/C.
Upstairs, the first floor boasts four generously sized bedrooms and a contemporary family bathroom, providing ample space for comfortable living.
The property's exterior is equally impressive, with a private driveway and garage adding both practicality and convenience.
RECEPTION ROOM ONE
This large reception room overlooks into the front of the property as well as the lush private garden.
DINING ROOM
This cosy dining room is neutrally decorated and features laminate flooring.
KITCHEN
The fitted kitchen benefits from having plenty of kitchen units for storage and a gas stove, cooker and extractor hood.
UTILITY ROOM
Leading on from the kitchen is a large utility room which has space for a washing machine and other appliances. The utility room allows access to the garden and garage.
WC
The ground floor includes a convenient W/C with a basin.
BEDROOM 1
The master bedroom overlooks the rear of the garden and has plenty of space for storage and belongings
BEDROOM 2
This double bedroom overlooks the rear garden and features fitted wardrobes.
BEDROOM 3
Twin to bedroom 2, this bedroom also overlooks the garden and features fitted wardrobes as well asa convenient washbasin nook.
BEDROOM 4
This single bedroom overlooks the front of the property and has space for belongings and storage.
FAMILY BATHROOM
The traditional bathroom features a WC, shower over bath and basin.
GARDEN
The rear garden offers a generous and versatile space, starting with an elevated paved areaperfect for outdoor seating or dining. Beyond, it opens up to a wide expanse brimming with potential, ideal for creating a tranquil garden oasis tailored to your vision.
GARAGE
Large single garage which can be accessed from the front and side of the property.
PARKING
The property boasts a spacious driveway with ample parking capacity for multiple vehicles, complemented by additional on-street parking options.
EPC rating: D. Council tax band: E, Tenure: Freehold,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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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