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£300,000 Offers in excess of
Bedrooms
Bathrooms
Nestled in the heart of a popular and established residential area, this spacious three-bedroom semi-detached house on Sutton Avenue, Leicester, offers an excellent opportunity for families, first-time buyers or investors alike. Priced at Offers in Excess of 300,000, the property is being sold with no upward chain and is freehold, offering buyers a smooth and stress-free purchase process.
The accommodation is arranged over two floors and comprises two well-proportioned reception rooms and a kitchen on the ground floor, providing versatile living space ideal for both entertaining guests and family life. Upstairs, the property boasts three generously sized bedrooms and a family bathroom. The home benefits from full gas central heating, is fully double glazed throughout, and is ready to move straight into with scope for further personalisation if desired.
Externally, the property enjoys off-street parking for two vehicles, adding convenience in this desirable location where parking is often at a premium. The private rear garden complements the space on offer and provides a perfect setting for outdoor dining, gardening or play.
Sutton Avenue is ideally situated close to a range of local amenities. Several well-regarded primary and secondary schools are within comfortable walking distance, making this an ideal spot for families. For everyday essentials and grocery shopping, local supermarkets including Tesco, Lidl and Asda are all located within 1-2 miles. Leicester city centre, with its wider array of shops, restaurants, and cultural attractions, is easily accessible by car or public transport.
Leisure and fitness options are plentiful, with nearby parks and local leisure centres such as Aylestone Leisure Centre just a short drive away. Healthcare is also close at hand, with GP surgeries and Leicester Royal Infirmary located under 15 minutes by car.
Commuters are well served, with Leicester Train Station approximately 3.5 miles from the property, offering fast and direct rail links to London and other major cities. For those needing to travel further afield, East Midlands Airport is around 20 miles away, making international travel convenient for both business and leisure.
With a Council Tax rating of Band B and an EPC rating of 57 (D), this well-maintained family home presents a superb opportunity in a sought-after area. Internal viewing is highly recommended to fully appreciate the size, location and potential 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.
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