Main Street, Lubenham, Market Harborough

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Available / For Sale

Cooper Estates - Market Harborough

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

4 bedroom property for sale

£725,000 Guide Price

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Offering the perfect blend of modern luxury living with traditional & meticulous craftsmanship, these exclusive & individually designed properties provide the perfect place to call home. The Hedgerows comprises three unique homes designed and specified with modern living in mind. Open plan living & kitchens areas deliver flexibility & social spaces to keep up with the demands of busy modern lifestyles. Each home brings carefully considered & well-proportioned accommodation built to exacting standards. Located in one of Leicestershire's favoured village locations; The Hedgerows has excellent village amenities, market towns on the doorstep & rail links to London St. Pancras in under an hour from both Leicester & Market Harborough, the latter being just a 15 minute car journey from Lubenham.

DIMENSIONS
Kitchen/Breakfast Room - 9.55m x 3.65m
Dining Room - 3.46m x 4.07m
Utility Room - 3.46m x 2.30m
Lounge - 3.75m x 6.47m

Bedroom One - 4.87m x 3.65m
Bedroom Two - 3.75m x 3.18m
Bedroom Three - 3.75m x 3.18m
Bedroom Four = 3.46m x 3.05m

STRUCTURE
- Traditional construction
- Cavity walls with insulated dry lining
- Pre-cast concrete suspended ground floors with ventilated floor void
- Timber first floors
- Attic trusses to roof accommodation (Plot 1 only)
- Trussed rafters to unoccupied roof voids

EXTERNAL FINISHES
- Natural slate roofing
- External brickwork features
- Red clay facing brickwork, blue brick splash course
- Working brick chimneys and pots
- Half round gutters and rwp's
- Flush framed timber windows in heritage colours
- Tall Bi-folding doors allowing the outside in.
- Feature flat glazed window to dining Kitchen area

INTERNAL FINISHES
- Ground floor selection
- Tile flooring to kitchen areas
- Carpet to bedrooms
- Tiled floors and fully tiled walls to bathrooms

JOINERY
- High quality, natural timber panelled doors
- Generous section, skirtings and architraves and matching door lining
- Traditional staircase
- Feature solid entrance doors
- Electric garage doors power points

KITCHENS & UTILITY ROOMS
- High quality kitchens from Sherwin Hall
- Work surfaces and splash-backs
- Integrated appliances

BATHROOMS
- Separate showers
- Freestanding bath
- Concealed pipework/cistern ducts
- High quality top end appliances

IRONMONGERY
- High quality, tactile, contemporary products

LANDSCAPING
- The Hedgerows is accessed via a communal driveway finished in tarmacadam
- Private driveways finished in tarmacadam
- York style stone effect or similar to terrace and paths
- Lawns to be seeded/ laid to turf
- Outside tap
- External lighting

SERVICES
- Gas fired central heating
- Mains electric
- Mains water
- Mains drainage
- Local authority Harborough District Council. Tax bands TBC
- Internet/telephone buyer to organise connection

MECHANICAL AND ELECTRICAL INSTALLATION
- Substantial electric hot-water storage tank
- Ground floor wet underfloor heating
- First floor high quality radiators
- Integrated smoke detector/alarm installation
- Electric car charger points to garages

LOCATION
Lubenham is considered a sought after south Leicestershire village. This quintessential village has excellent local amenities to include a popular public house and a fantastic community atmosphere best showcased in the annual scarecrow festival, demonstrating the rich bond with the surrounding farmland.

TRANSPORT
Mainline stations are located at nearby Market Harborough and Leicester, both providing direct links to London St. Pancras in just under an hour. The M1 is accessible at junction 20, and the A14 lies to the South.

SHOPPING
The local market town of Market Harborough is an historic charming and vibrant town with a variety of independent shops, boutiques, hotels, restaurants and supermarkets all catering for day to day needs.

SCHOOLING
Schooling within the area is well catered for both within the state and private sector. The Leicester Grammar School, Stoneygate School and Leicester High School for Girls are all located along the A6 towards Leicester and Uppingham and Oakham Schools are also within an half an hour car journey.
Property age : New Build

Nearest Stations:

2.4 miles
Market Harborough
10.07 miles
South Wigston
11.48 miles
Kettering
11.72 miles
Corby
11.87 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

£ 600825

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
    £ 18125
  • 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

£ 57075
  • 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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