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£200,000 Offers in excess of
Bedrooms
Bathrooms
Located on the popular Rosedale Avenue in Leicester, this two-bedroom mid-town house presents an excellent opportunity for first-time buyers, investors or those looking to put their own stamp on a property. Offered for sale with no upward chain and with offers invited in excess of 200,000, this freehold home is ideal for buyers seeking a well-connected residential spot with excellent amenities close by.
The home comprises a spacious through lounge, offering a flexible open-plan living and dining area that benefits from plenty of natural light. The kitchen is positioned at the rear of the property and is in need of some modernisation, providing buyers with the chance to upgrade and personalise the space to their exact specifications. There are two conveniently located WCs and the property is fully double glazed throughout, with full gas central heating already in placeadding to the homes comfort and energy efficiency, as reflected in its EPC rating of 69 (band C).
Upstairs, you will find two well-proportioned bedrooms, each offering good space for furnishings, wardrobes and storage. The family bathroom completes the interior layout, and although in functional condition, could benefit from modern upgrades, making this home a blank canvas for a keen renovator.
Set within a well-established and much sought-after residential area, Rosedale Avenue is ideally located for everyday conveniences. Local supermarkets are within easy reach, with Aldi and Morrisons both situated under a mile away. For families, a number of reputable schools, including both primary and secondary options, lie within walking distance, catering well to those with educational needs in mind.
Leisure facilities nearby include Spence Street Sports Centre and several local parks, offering a variety of activities for all ages. Healthcare is also conveniently accessible, with local GP surgeries and Leicester General Hospital just a short drive away.
Commuters will appreciate the propertys proximity to excellent transport links, with Leicester City Centre and Leicester Railway Station approximately 2.5 miles awayoffering direct train services to London, Birmingham and Nottingham. For those requiring air travel, East Midlands Airport is around a 35-minute drive, providing regular flights to a variety of destinations across Europe.
With its superb location, no upward chain, and great potential for renovation, internal viewing is highly recommended to fully appreciate what this charming mid-town house has to offer. This property provides an attractive chance to create a cosy, modern home in a popular and well-connected part of Leicester.
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.
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