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£525,000 Offers over
Bedrooms
Bathrooms
Property Description
Introducing this generously sized four/five bedroom semi-detached family home, located on the highly desirable Spencefield Lane in the heart of Evington, Leicester. With a spacious internal layout of approximately 147.2 sq. metres (1584.5 sq. feet), the property is perfectly suited for large families seeking flexible living. It boasts a large driveway, private rear garden, a modern kitchen/dining room, and additional reception and utility spaces, making this home ideal for contemporary family life.
Navigating Through The Property
Upon entering via the front porch, youre welcomed into a wide hallway that connects all ground floor spaces. Immediately to your right is the living room, a cosy bay-fronted lounge. Heading straight ahead brings you to the heart of the home a spectacular open-plan kitchen/dining room stretching the full width of the property and offering double doors to the rear garden.
Off theopen-plan kitchen/dining room, to the right side of the home, is a WC, followed by access to a practical utility room,ideal for additional storage or conversion potential. The garage is accessible via the driveway.
Upstairs, the spacious landing offers access to four/five bedrooms, a family bathroom, and an additional separate WC. The rooms are well-proportioned and ideal for family use, home working, or guests.
Ground Floor
Kitchen/Dining Room: 3.79m x 8.18m (125 x 2610) max
Living Room: 3.73m x 3.49m (123 x 115)
Utility Room: 4.58m x 2.00m (15 x 67)
Hallway: 2.98m x 4.32m (99 x 142)
WC: 1.65m x 1.04m (55 x 35)
Garage: 1.94m x 2.62m (64 x 87)
Porch: 0.66m x 1.87m (22 x 62)
First Floor
Bedroom 1: 3.77m x 3.51m (124 x 116)
Bedroom 2: 3.83m x 3.20m (127 x 106)
Bedroom 3: 3.74m x 2.62m (123 x 87)
Bedroom 4: 3.98m x 2.49m (131 x 82)
Office/Bedroom 5: 3.80m x 1.87m (125 x 62)
Landing: 2.53m x 6.21m (84 x 204)
Bathroom: 2.91m x 2.00m (97 x 67)
WC: 0.73m x 0.93m (25 x 31)
Location & Amenities
Located on the prestigious Spencefield Lane, this home sits within a sought-after residential area of Evington, offering excellent access to a range of amenities. Nearby youll find outstanding schools, Evington Leisure Centre, local shops, and places of worship. The property is also well-connected to Leicester city centre via public transport, and key routes like the A47 and Uppingham Road are just minutes away.
The area is popular with families and professionals alike due to its green spaces, strong community feel, and close proximity to parks and recreational grounds.
Contact
To book a viewing or request more information, get in touch with us today:
Proudly marketed by Kings Real Estate, Leicesters trusted property specialists.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £2,270.45
Total Interest: £292,362.38
Overall Total: £817,362.38
Amortization For Monthly Payment: £2,270.45 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £16,645.43 | £10,599.98 | £514,400.02 |
| 2026 | £16,301.21 | £10,944.20 | £503,455.82 |
| 2027 | £15,945.81 | £11,299.60 | £492,156.22 |
| 2028 | £15,578.88 | £11,666.54 | £480,489.68 |
| 2029 | £15,200.02 | £12,045.39 | £468,444.30 |
| 2030 | £14,808.87 | £12,436.55 | £456,007.75 |
| 2031 | £14,405.01 | £12,840.40 | £443,167.35 |
| 2032 | £13,988.04 | £13,257.38 | £429,909.97 |
| 2033 | £13,557.52 | £13,687.89 | £416,222.08 |
| 2034 | £13,113.03 | £14,132.38 | £402,089.69 |
| 2035 | £12,654.10 | £14,591.31 | £387,498.38 |
| 2036 | £12,180.27 | £15,065.14 | £372,433.24 |
| 2037 | £11,691.05 | £15,554.36 | £356,878.87 |
| 2038 | £11,185.94 | £16,059.47 | £340,819.40 |
| 2039 | £10,664.44 | £16,580.98 | £324,238.43 |
| 2040 | £10,125.99 | £17,119.42 | £307,119.01 |
| 2041 | £9,570.07 | £17,675.35 | £289,443.66 |
| 2042 | £8,996.08 | £18,249.33 | £271,194.33 |
| 2043 | £8,403.46 | £18,841.95 | £252,352.39 |
| 2044 | £7,791.60 | £19,453.81 | £232,898.57 |
| 2045 | £7,159.87 | £20,085.55 | £212,813.03 |
| 2046 | £6,507.62 | £20,737.79 | £192,075.23 |
| 2047 | £5,834.19 | £21,411.22 | £170,664.01 |
| 2048 | £5,138.89 | £22,106.52 | £148,557.49 |
| 2049 | £4,421.01 | £22,824.40 | £125,733.09 |
| 2050 | £3,679.82 | £23,565.59 | £102,167.50 |
| 2051 | £2,914.57 | £24,330.85 | £77,836.65 |
| 2052 | £2,124.46 | £25,120.95 | £52,715.70 |
| 2053 | £1,308.69 | £25,936.72 | £26,778.98 |
| 2054 | £466.44 | £26,778.98 | £0.00 |
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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Sat Jun 14 2025
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Sat Jun 14 2025
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