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£340,000
Bedrooms
Bathrooms
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Belvoir Sales and Lettings are delighted to present this charming three-bedroom detached home, ideally situated in the sought-after area of Leicester Forest East. This delightful property exudes character throughout and offers generous living accommodation, including a spacious through lounge/diner, a well-appointed fitted kitchen, three bedrooms, a separate W/C, and a shower room. Further benefits include a detached garage, private rear garden, ample parking, and excellent transport links.
Ideally positioned for families, the property is just a short walk from Stafford Leys Primary School (rated Good by OFSTED), the local library, and nearby Sainsburys and Tesco stores. It falls within the catchment area for South Charnwood High School, also rated Good, with Outstanding recognition for teaching and pupil outcomes. For commuters, regular bus services run along the A47, and the M1, M69, and Meynells Gorse Park & Ride are all within easy reach. Fosse Park, Meridian Leisure Park, and Everards Meadows are just a 10-minute drive away, offering a range of retail, dining, and leisure options.
ENTRANCE HALL
Upon entering the property, you are welcomed into a bright and spacious hallway providing access to the lounge/dining area, kitchen, and first floor.
LOUNGE/ DINING ROOM
This beautifully presented, neutrally decorated room features a central fireplace creating a cosy focal point. The open-plan layout allows the lounge to flow seamlessly into the dining area, offering an excellent space for entertaining. Large windows and rear garden views add to the appeal, filling the room with natural light.
KITCHEN
The modern fitted kitchen boasts a range of contemporary units with appliances included. Neutrally decorated, the space offers both style and functionality and provides direct access to the rear garden.
BEDROOM ONE
A spacious principal bedroom with large windows that flood the room with light. This room also benefits from fitted wardrobes and a built-in vanity dresser, providing excellent storage solutions.
BEDROOM TWO
Another generously sized double bedroom, tastefully decorated and carpeted, complete with fitted shelving and ample space for additional furniture.
BEDROOM THREE
A well-proportioned single bedroom overlooking the front of the property, ideal as a childs bedroom, guest room, or home office.
WC
A separate W/C is located on the first floor for added convenience.
SHOWER ROOM
Comprising a sizeable shower enclosure and washbasin, this room offers practical family-friendly facilities.
GARDEN
The property enjoys a substantial private rear garden, accessible from both the kitchen and the front gate. With generous lawned areas, mature shrubs, and a garden shed, it offers the perfect outdoor space for families or garden enthusiasts. The garden is not overlooked, with large trees providing a natural backdrop and a recreation ground beyond, enhancing both privacy and the sense of open space. The detached garage is also located at the rear.
PARKING
In addition to the detached garage, the property benefits from a driveway with space for multiple vehicles and further on-street parking.
EPC rating: Unknown. Council tax band: C, 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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