The Broadway, Oadby, Leicester, LE2

1 /2
Available / For Sale

Oliver Rayns

106 Queens Road , Clarendon Park , Leicester, Leicestershire

5 bedroom detached for sale

£995,000

5

Bedrooms

2

Bathrooms

Floorplan

Spanning over 2300 Sq.ft and perfectly positioned in the sought-after location of The Broadway in Oadby, this five bedroom detached home is located in close proximity to highly-regarded schooling, hospitals and amenities, whilst boasting spacious accommodation including five bedrooms and three reception rooms.

Introducing this exquisite five bedroom detached house nestled on one of Leicesters most prestigious streets, The Broadway in Oadby. With accommodation generously spread over two floors, this remarkable property offers spacious living throughout, making it the ideal family home whilst offering potential to redevelop further subject to the relevant planning permissions. Perfectly positioned in a sought-after location, this residence is in close proximity to highly-regarded schooling, hospitals and amenities, allowing ease of access and convenience for families.

Approach the property via the driveway which boasts a picturesque front garden and, upon entering via the porch, you will be instantly captivated by the sense of elegance and sophistication. From the ground floor hallway in the heart of the home you can immediately access three tastefully designed reception rooms, each exuding their own individual charm and character, providing ample space for entertaining guests or enjoying quality time with loved ones. The open-plan kitchen dining area further enhances the flow of the home, creating a seamless transition between cooking and dining spaces. In addition, a convenient utility room ensures that household chores are kept separate from the main living areas.

The living room extends one side of the home, allowing natural light to flood the space, with original leaded windows to the front and a sliding patio door to the rear, bringing the entertaining outside space in. A beautiful dining room is located to the front on the other side, also with original leaded windows, adding to the character of this stunning home. To the rear is a private office next to the generous open-plan kitchen diner, with wall and base units and integrated appliances, while the double aspect windows create a peaceful dining setting. Downstairs also offers a utility room and WC, as well as a separate cloakroom.

Upstairs, the property features five generously proportioned bedrooms, each offering a peaceful retreat while retaining character with leaded windows. The presence of fitted wardrobes in each bedroom guarantees ample storage space, ensuring clutter is kept to a minimum. The master bedroom benefits from contemporary fitted cupboard and its own en-suite, complementing the beautifully appointed family bathroom on the same floor.

The immaculately maintained large rear garden presents a harmonious fusion of landscaped greenery and tranquillity, providing the perfect space for relaxation or outdoor activities, whilst offering plenty of space for potential extension or development subject to planning permissions. The property offers an enchanting garden and also patio space, ideal for enjoying the warmer months and hosting gatherings.

The property is situated in the highly sought after southern suburb of Oadby, lying just three miles from Leicester City Centre. Oadby itself boasts excellent local shopping and supermarkets, bars and eateries, renowned schooling for all ages and a range of recreational facilities. This large home offers excellent access routes into Leicester City Centre, the universities, and hospital via London Road (A6) and Fosse Shopping Park, M1 and M69 motorways to the west via the ring road (A563) while Leicester enjoys a fast and regular rail service to London St Pancras.

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

£ 814575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 24875
  • 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

£ 68325
  • 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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  %
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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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