Avenue Road, Stoneygate, Leicester, LE2

1 /11
Available / For Sale

Oliver Rayns

106 Queens Road , Clarendon Park , Leicester, Leicestershire

3 bedroom semi-detached for sale

£365,000

3

Bedrooms

1

Bathrooms

Floorplan

Presented with a limited onward chain, a beautiful three bedroom semi detached home situated on Avenue Road in Stoneygate, featuring generous living space, driveway and a private rear garden.

A central entrance hall provides a clear division between the principal ground floor rooms. The hallway, finished with tiled flooring and featuring a staircase rising to the first floor, offers practical space for coats and footwear. Partially glazed double doors lead into a substantial living room, which spans the full width of the property. This inviting space is centred around an ornate fireplace and benefits from abundant natural light through glazed sliding doors opening onto the rear garden.

To the opposite side of the hall, the kitchen and dining area are combined to create a sociable, open-plan environment ideal for family living. The kitchen is fitted with a range of cream wall and base units, offering versatile storage, complemented by a timber-effect rolled-edge work surface incorporating a stainless steel sink and drainer. A recess is provided for a freestanding cooker. The property also benefits from a newly installed boiler, enhancing its energy efficiency and comfort.

Upstairs, the property offers three well-proportioned bedrooms. The master bedroom extends the full length of the house on one side, while two further bedrooms are positioned opposite, separated by a galleried landing. The contemporary family bathroom features a panelled bath with shower over, a wash hand basin, and a WC.

This charming property boasts a spacious block-paved driveway providing ample off road parking including a fitted EV charging point for electric vehicle owners.

A side alleyway offers access to both the rear garden and the front entrance. The garden enjoys complete privacy, enclosed by mature trees and timber fencing. Predominantly laid to lawn with well-stocked flowerbed borders, the garden extends generously in length. A timber shed is positioned at the rear on a hardstanding base

This home is situated on Avenue Road on the border of Stoneygate and Clarendon Park, lying two miles south of the City of Leicester. Nearby is the ever-popular Queens Road shopping parade which offers a wide variety of independent shops, boutiques, restaurants, and coffee establishments. The area also boasts an abundance of recreational facilities including Victoria Park, and the renowned Leicestershire Golf Club and Leicester Lawn Tennis Club. Within walking distance there are provisions for both independent and state schooling for all ages.

Access links to the area are excellent with the A6 London Road offering convenient access to the Leicester Mainline train station providing services to London St Pancras in a little over an hour, Birmingham New Street station in under 40 minutes and Nottingham in 30 minutes.

Strictly by appointment only through the sole agent Oliver Rayns.

Postcode for Sat Nav: LE2 3EB



Features
  • Freehold

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

£ 303825

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
    £ 9125
  • 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

£ 30075
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message