5 bedroom semi-detached for sale

£495,000 Offers over

5

Bedrooms

2

Bathrooms

Floorplan

Kings are pleased to present this five-bedroom semi-detached house found on Wintersdale Road located in between the Thurncourt and Evington areas. This property benefits from being located down a quiet cul-de-sac, off the main road, being within close proximity to local amenities including shops, supermarkets, schools, places of worship and major access roads including Uppingham Road and Spencefield Lane. The layout of the property is spacious throughout with the ground floor consisting of three reception rooms, the kitchen/diner, garage and office, and the first floor consisting of five bedrooms and two bathrooms.

As you enter the property you are welcomed by a spacious entrance hallway providing access to the stairway leading onto the first floor, the living room and kitchen/diner to the rear. The living room provides a spacious hosting and relaxing area for the owners stretching from the front to the rear of the property providing a cozy feel to it consisting of carpeted flooring, a front facing double-glazed bow window, wall mounted radiators and single door access to the dining room. The dining room provides the property with a second reception room accessed via the living room and provides further access to an extended conservatory which acts as the third reception room and the kitchen/diner. The kitchen/diner can be found at the end of the entrance hallway consisting of tiled flooring, fitted worktops and storage cupboards, an integrated oven/hob, a rear facing double-glazed window, wall mounted radiator, enough room for a small dining table and access to the under-stair storage and garage to the side. The garage has been renovated to be used for ample storage space with tiled flooring, double door access to the front and access to the office and rear garden. The office is located at the rear of the property adding convenience for the owners as it provides further access to the propertys utility area.

As you proceed up the stairway onto the first floor you reach the top of the landing area which has been separated into two sections. As you go to the left of the landing you gain access to three of the five bedrooms and a separate wc and bathroom. Bedrooms one and two mirror each others layouts located at the front and rear of the property both consisting of carpeted flooring, wall mounted radiators and fitted wardrobes. Bedroom five is the smallest of the five bedrooms located at the front of the property consisting of carpeted flooring, a front facing double-glazed window and wall mounted radiator. The bathroom on the left-hand side of the landing has a separate wc and consists of tiling throughout, a bath/shower and sink.

As you go to the right of the landing you gain access to the remaining two bedrooms and the second bathroom. Bedrooms three and four are the remaining two bedrooms separated by the bathroom, both rooms consist of carpeted flooring, a rear facing double-glazed window, wall mounted radiator and fitted wardrobes. The second bathroom/wet room boasts a three-piece layout consisting of tiling throughout, shower, sink and toilet.

This property is one not to miss out on due to the number of benefits it holds including the size of the plot creating potential to extend (STPP), the driveway which is big enough for multiple vehicles, the location and the size of the garden. Available by appointment only. Call Kings now !!!

Property Info

Ground Floor

Living Room: 6.84m x 3.36m (225 x 11) spacious living area located at the front of the property consisting of carpeted flooring, a front facing double-glazed bow window, wall mounted radiator and access to the dining room.

Dining Room: 2.83m x 3.34m (93 x 1011) located towards the rear of the property consisting of carpeted flooring, a wall mounted radiator and access to the conservatory and kitchen/diner.

Conservatory: 3.73m x 5.22m (123 x 172) extended from the original build at the rear of the property accessed via the dining room consisting of hardwood flooring, double-glazing throughout and double door rear garden access.

Kitchen/Diner: 5.26m x 2.72m (173 x 811) located at the rear of the property consisting of tiled flooring, fitted worktops and storage cupboards, an integrated oven/hob, rear facing double-glazed window and access to the garage.

Garage: 9.87m x 2.81m (325 x 93) small renovation to your traditional garage providing access to the office to the rear.

Office: 3.77m x 2.34m (124 x 78) accessed via the garage to the side adding additional convenience for the owners consisting of carpeted flooring, wall mounted radiators and access to the garden and utility area.

First Floor

Bedroom One: 3.37m x 3.68m (111 x 121) double bedroom located at the front of the property consisting of carpeted flooring, wall mounted radiator, double-glazed bow window and fitted wardrobes.

Bedroom Two: 3.35m x 3.38m (11 x 111) double bedroom located at the rear of the property consisting of carpeted flooring, wall mounted radiator, fitted wardrobes and a rear facing sliding door.

Bedroom Three: 3.98m x 2.82m (131 x 93) double bedroom located at the rear of the property consisting of carpeted flooring, wall mounted radiator, a rear facing double-glazed window and fitted wardrobes.

Bedroom Four: 2.63m x 2.81m (88 x 93) double bedroom located at the front of the property consisting of carpeted flooring, a front facing double-glazed bow window, wall mounted radiator and fitted wardrobes.

Bedroom Five: 2.09m x 2.46m (610 x 81) single bedroom located at the front of the property consisting of carpeted flooring, a front facing double-glazed window and wall mounted radiator.

Bathroom: 2.33m x 1.79m (78 x 510) first bathroom with a separate wc consisting of tiling throughout, a bath/shower and sink.

Bathroom/Wet Room: 1.92m x 1.89m (64 x 62) second bathroom consisting of tiling throughout, a shower, sink and toilet.

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

£ 411075

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
    £ 12375
  • 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

£ 39825
  • 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

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  %

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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