Long Lane, Billesdon, Leicester

1 /35
Available / For Sale

Cooper Estates - Market Harborough

6-8 The Square, Market Harborough, Leicestershire, LE16 7PA

5 bedroom property for sale

£595,000

5

Bedrooms

2

Bathrooms

3

Reception

Floorplan

A beautifully designed, four to five bedroom detached family home situated at the end of a secluded cul-de-sac in the lovely village of Billesdon.

Billesdon is a thriving lively village, conveniently located between Leicester, Market Harborough, and Oakham. The village boasts an impressive range of amenities for its size, including a doctor's surgery, village store, post office, community centre, village school, two pubs, and various clubs and societies that foster a strong sense of community.

The front of the property features a block paved area leading to a double garage with an electrically operated door. The rear garden is completely enclosed and secure, mainly laid to lawn with paved patio areas, planted borders, and mature trees.

Enter the property through a double glazed front door with side windows into an entrance hall that provides access to the garage. The utility room, with a double glazed window and rear door, includes a range of wall and base units, a stainless steel sink, plumbing for a washing machine, and space for a tumble dryer and fridge-freezer. The breakfast kitchen features oak wall and base units, a polycarbonate sink with mixer tap, integrated Siemens double oven, dishwasher, refrigerator, and a four-ring halogen hob with an extractor fan, with double glazed windows at the front and rear. The inner hall, with a double glazed door and window at the rear, leads to the first floor staircase and an understairs cupboard. The cloakroom, with a double glazed window, includes a two-piece suite with a low flush WC and wash hand basin. The sitting room and dining room each have double glazed windows, while the living room features a gas living flame effect fire with a limestone surround, oak flooring, three double glazed windows, and double doors to the garden.

On the first floor, the landing includes the airing cupboard, a cloaks cupboard, and two double glazed Velux windows. The master bedroom has a double glazed window, a Velux window, and an en-suite with a three-piece suite, including a low flush WC, pedestal wash hand basin, and shower cubicle, as well as a double glazed Velux window. There are a further four bedrooms, with the fifth offering a flexible space that could also be used as an office/study. The family bathroom offers a four-piece suite with a low flush WC, pedestal wash hand basin, panelled bath, and shower cubicle, plus a double glazed Velux window.

LIVING ROOM 18' 7" x 16' 8" (5.66m x 5.08m)

DINING ROOM 12' 4" x 11' 9" (3.76m x 3.58m)

SITTING ROOM 13' 8" x 9' 1" (4.17m x 2.77m)

WC 2' 10" x 10' 2" (0.86m x 3.1m)

KITCHEN 15' 5" x 11' 7" (4.7m x 3.53m)

UTILITY ROOM 9' 5" x 6' 2" (2.87m x 1.88m)

GARAGE 17' 1" x 16' 11" (5.21m x 5.16m)

MASTER BEDROOM 16' 9" x 14' 4" (5.11m x 4.37m)

EN-SUITE 8' 0" x 3' 11" (2.44m x 1.19m)

BATHROOM 11' 5" x 8' 7" (3.48m x 2.62m)

BEDROOM TWO 12' 6" x 10' 11" (3.81m x 3.33m)

BEDROOM THREE 9' 3" x 8' 8" (2.82m x 2.64m)

BEDROOM FOUR 15' 6" x 11' 7" (4.72m x 3.53m)

BEDROOM FIVE / OFFICE 16' 8" x 11' 2" (5.08m x 3.4m)
Floor area : 2634.00 sq ft

Nearest Stations:

7.85 miles
Leicester
7.93 miles
Syston
8.56 miles
South Wigston
9.35 miles
Oakham
9.71 miles
Market Harborough

Map location is not available for this property.

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

£ 493575

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
    £ 14875
  • 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

£ 47325
  • 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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