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106 Queens Road , Clarendon Park , Leicester, Leicestershire
£230,000
Bedrooms
Bathrooms
A stylish and well-presented two-bedroom townhouse set in the sought-after New Lubbesthorpe development. Featuring a spacious lounge, contemporary kitchen/diner with French doors to the garden, two double bedrooms and a modern bathroom.
Nestled in the ever-popular New Lubbesthorpe development, this beautifully presented two-bedroom mid-townhouse is an ideal opportunity for first-time buyers, downsizers, or investors alike. Offering a blend of contemporary living with modern finishes throughout, the home is set within a peaceful cul-de-sac, moments from green open spaces and excellent transport links into Leicester and beyond.
The accommodation is arranged over two floors and extends to approximately 610 sq. ft. Upon entry, the welcoming hallway leads through to a generous lounge at the front of the property, with soft neutral dcor and a bright outlook. A convenient downstairs WC is located just off the hallway. To the rear, the stylish kitchen/diner spans the width of the property and is fitted with sleek gloss units, and patio doors that open directly onto the garden perfect for summer entertaining.
Upstairs, the property boasts two double bedrooms, both tastefully decorated and filled with natural light. The contemporary family bathroom is well appointed with a white three-piece suite and modern tiling.
Outside, the rear garden is mainly laid to lawn with a central paved path leading to a handy storage unit at the far end. Fully enclosed by fencing, its a secure and private outdoor space ideal for children or pets. A neat front garden and allocated parking complete the offering.
Located within walking distance of local amenities, parks, and schools, and just a short drive to Fosse Park and major road links including the M1 and M69, this home offers convenience and lifestyle in equal measure.
Viewings are highly recommended to fully appreciate what this home has to offer.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
106 Queens Road , Clarendon Park , Leicester, Leicestershire
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