4 bedroom detached for sale

£300,000 Offers in excess of

4

Bedrooms

THE PROPERTY AND TOWN Very well presented detached family home situated in a quiet end of cul de sac location. Briefly the property includes entrance hall, lounge, dining room, kitchen and utility room. To the first floor, four bedrooms (master with en-suite shower room) and bathroom. Externally there is off road parking, integral garage and private rear garden. The property is very well placed for the amenities of Coalville and is a short distance from Newbridge high school, St Claires primary school and Belvoirdale primary school.

Coalville is in the district of North West Leicestershire and is situated on the A511 between Leicester and Burton upon Trent, close to junction 22 of the M1 motorway, bordering the upland area of Charnwood Forest to the east of the town. There are a good standard of amenities in Coalville including shops, supermarkets, schooling at all levels and a leisure centre.

ACCOMMODATION

GROUND FLOOR

ENTRANCE HALL Accessed via a composite door. Stairs rising to the first floor, central heating radiator, tiled floor.

LOUNGE 14 5" x 12 3" (4.39m x 3.73m) With uPVc framed double glazed window central heating radiator, laminate flooring.

DINING ROOM 11 3" x 8 (3.43m x 2.44m) With uPVC double glazed double doors, central heating radiator, laminate flooring.

KITCHEN 11 3" x 10 9" (3.43m x 3.28m) With a range of contemporary units at eye and base level providing work surface, storage and appliance space. One a quarter bowl sink unit with mixer tap over, Bosch hob with extractor over, Hotpoint electric oven, plumbing for dishwasher, storage cupboard, uPVC framed double glazed window to the rear elevation, central heating radiator, tiled floor.

UTILITY ROOM 7 2" x 5 (2.18m x 1.52m) With plumbing for washing machine, sink unit, tiled floor, uPVC framed double glazed window to the elevation, door opening to the rear garden.

GUEST CLOAKROOM Comprising a suite in white of wash hand basin and W.C. Opaque uPVC framed double glazed window to the side elevation, central heating radiator, tiled floor.

FIRST FLOOR

LANDING With access to the roof space. Airing cupboard.

MASTER BEDROOM 11 8" x 9 9" (3.56m x 2.97m) With uPVC framed double glazed window to the rear elevation, Central heating radiator, wardrobe. En-suite shower room leading off.

EN-SUITE SHOWER ROOM Comprising a suite in white of wash hand basin and W.C. Walk in cubicle housing the mains fed shower. Opaque uPVC framed double glazed window to the side elevation, central heating radiator, extractor fan.

BEDROOM TWO 10 8" x 10 2" (3.25m x 3.1m) With uPVC framed double glazed window to the rear elevation, central heating radiator, wardrobe and drawers.

BEDROOM THREE 13 5" x 8 9" (4.09m x 2.67m) With uPVC framed double glazed window to the front elevation. Central heating radiator. Wardrobe.

BEDROOM FOUR 9 6" x 9 (2.9m x 2.74m) With uPVC framed double glazed window to the front elevation. Central heating radiator.

BATHROOM Comprising a suite in white of panelled bath with shower attachment off the mixer tap, wash hand basin with storage beneath, W.C. Opaque uPVC framed double glazed window to the front elevation, central heating radiator.

OUTSIDE The property is situated in an end of cul de sac location behind a lawn fore garden with adjacent drive leading through to the INTEGRAL GARAGE 17 8" x 8 2" with up and over door, wall mounted Ideal central heating boiler, light and power supplies. To the rear an established private garden, with shaped lawn and patio, all enclosed by a fenced surround.

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

£ 250200

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
    £ 7500
  • 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

£ 25200
  • 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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