Tay Road, New Lubbesthorpe, Leicetser, LE19

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Sold STC

Oliver Rayns

106 Queens Road , Clarendon Park , Leicester, Leicestershire

3 bedroom semi-detached for sale

£319,950

3

Bedrooms

2

Bathrooms

Floorplan

We are delighted to offer for sale this beautifully appointed three bed mid Town House presented in Show Home condition, do not miss out!

The elegant three storey Woodhouse property is set back from the main road & ideally situated in the sought after location of New Lubbesthorpe, with an array of everyday amenities and renowned schooling upon the doorstep. This stylish accommodation offers flexible living arrangements perfect for todays modern family and is ready to move straight into
Once you step inside, the delight continues throughout, with a stunning open plan kitchen/dining room, separate spacious lounge and a handy downstairs cloakroom, to the ground floor. The first floor boasts two double bedrooms with lovely sized bathroom suite. The second floor is where youll find the main bedroom with a luxury en-suite and separate dressing are fitted with a bank of wardrobes.
Outside there is an enclosed lawned garden with extended paved terrace area for alfresco dining and entertaining. To the rear is a driveway leading to a single garage, whilst to the front elevation there is residents off road parking bays

PROPERTY BROCHURE DISCLAIMER

1. Particulars. These particulars are not an offer or contract, nor part of one. You should not rely on statements made by Oliver Rayns Ltd in the particulars or by word of mouth or in writing (information) as being factually accurate about the property, its condition or its value. Neither Oliver Rayns Ltd nor any joint agent has any authority to make any representations about the property and accordingly, any information given is entirely without responsibility on the part of the agents, seller (seller) or lessor (lessor).
2. Photos, etc. The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximately only.
3. Regulations, etc. Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
4. VAT. The VAT position relating to the property may change without notice.
5. Particulars, photographs, etc. Particulars dated April 2025. Photographs and floorplan dated April 2025.

PLEASE NOTE: whilst every care has been taken in preparing these particulars, details have been supplied by the Vendor/Agent/Developer. Oliver Rayns Ltd cannot be held responsible for any misstatement, error or omission.

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

£ 266658.75

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
    £ 7998.75
  • 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

£ 26696.25
  • 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

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