4 bedroom semi-detached for sale

£250,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

THE PROPERTY AND TOWN Well presented, extended semi detached home which is located in a cul de sac setting and offered for sale with no onward chain. Briefly the accommodation comprises entrance hall with guest cloakroom, lounge, dining room and breakfast kitchen. To the first floor four bedrooms (master with an en-suite shower room) and bathroom with a contemporary suite. Externally there is off road parking and a car port, to the rear a good sized, private garden.

Shepshed is a market town and civil parish in the Charnwood Borough of Leicestershire and enjoys a good standard of amenities with a selection of shops and schooling at all levels.The town is located close to junction 23 of the M1 motorway with the nearest railway stations being at Loughborough and East Midlands Parkway. Shepshed is serviced by Arriva Midlands services 16/16A and 126/127 with frequent buses into Loughborough and Coalville and Diamond East Midlands route 129 between Loughborough and Ashby. Skylink Nottingham-Coalville operated by trentbarton also links the town with East Midlands Airport and Nottingham.

ACCOMMODATION

GROUND FLOOR

ENTRANCE HALL Accessed via a uPVC framed and glazed entrance door. Central heating radiator.

GUEST CLOAKROOM Comprising a suite in white of wash hand basin and W.C. Opaque uPVC framed double glazed. Central heating radiator.

LOUNGE 13 7" x 12 7" (4.14m x 3.84m) With uPVC framed double glazed window to the front elevation. two central heating radiators, central fireplace.

DINING ROOM 8 8" x 7 1" (2.64m x 2.16m) With uPVC double glazed doors to the rear garden.

BREAKFAST KITCHEN 17 5" x 8 5" (5.31m x 2.57m) Comprising a range of units at eye and base level providing work surface, storage and appliance space. One an a quarter bowl sink unit with mixer tap over, integrated appliances including four ring hob with extractor hood over, electric oven and grill, dishwasher. Plumbing for a washing machine, concealed wall mounted central heating boiler, central heating radiator, uPVC framed double glazed windows to the rear elevation, service door to the carport and door opening to the rear garden.

FIRST FLOOR

LANDING With turned spindle balustrade, access to the roof space, airing cupboard.

MASTER BEDROOM 16 9" x 8 6" (5.11m x 2.59m) With uPVC framed double glazed window to the rear elevation. Central heating radiator. En-suite leading off.

EN-SUITE SHOWER ROOM Comprising a suite in white of wash hand basin and W.C. Walk in cubicle housing the Triton shower. Chrome style heated towel rail, part tiled walls, tiled floor.

BEDROOM TWO 10 11" x 9 (3.33m x 2.74m) With uPVC framed double glazed window to the front elevation, central heating radiator, in built wardrobe with mirror frontage.

BEDROOM THREE 9 x 7 1" (2.74m x 2.16m) With uPVC framed double glazed window to the rear elevation. Central heating radiator.

BEDROOM FOUR 8 1" x 5 10" (2.46m x 1.78m) Currently utilised as a dressing room, with uPVC framed double glazed window to the rear elevation, central heating radiator, clothes storage hanging rails.

BATHROOM With a contemporary suite in white of panelled bath with mains fed shower over, wash hand basin and 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 setting, fronted by an area of lawn, with adjacent driveway leading through to the car port. To the rear an enclosed and non overlooked garden with an area of patio and shaped lawn.

Map location is not available for this property.

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

£ 208950

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
    £ 6250
  • 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

£ 21450
  • 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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