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£270,000 Guide Price
Bedrooms
Bathrooms
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Corley Estate Agents are pleased to present this delightful, Grade II listed cottage situated on the outskirts of the sought after village of Great Glen, Leicestershire.The property, built circa 1870, benefits from many original style features complimented by modern amenities. The property has gas central heating and well presented accommodation briefly comprising storm porch, lounge, dining kitchen, first floor landing, two bedrooms and bathroom. There are gardens to the front and rear, off road parking, and the property is afforded views to the rear. Viewing is a must and appointments can be arranged via the selling agent. Accommodation:STORM PORCHLOUNGE - 4.60m(151) into bay x 3.48m(115) With bay window to front, wood flooring, and log burner.DINING KITCHEN - 4.60m(151) x 2.69m(810) With base and wall units, work surfaces, ceramic sink, built in oven, hob and extractor, plumbing for washing machine, under stairs cupboard, and window and door to the rear. FIRST FLOOR LANDINGBEDROOM ONE - 4.01m(132) x 3.61m(1110) 154' max With two windows to front.BEDROOM TWO - 2.74m(90) x 2.54m(84) With window to rear and cupboard housing combi boiler.BATHROOM - Fitted with suite comprising panelled bath with shower, glazed screen door, low level WC, wash hand basin, and window to rear.OUTSIDE - To the front is a lawned garden and off road parking. To the rear is an enclosed garden with lawn, fencing, stone patio area, gravelled patio area, various shrubs, and a garden shed. There is also a gate providing rear access.Tenure : FreeholdCouncil Tax Band : CEnergy Rating : D(66)Please Note : The property is Grade II listed
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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