3 bedroom house for sale

£460,000

3

Bedrooms

2

Bathrooms

1

Reception

Rathods are pleased to present an exceptional opportunity to acquire this three-bedroom, extended detached house, situated in the highly sought-after area of Rushey Mead, Leicester. This immaculate property, currently marketed at an asking price of 460,000, is a property of distinction unique in both its design and quality.

Upon entering this delightful residence on the ground floor, you will be immediately struck by its spacious layout and the quality of its fixtures. You will be led into a long lounge that offers a relaxing space for family time and unwinding. The lounge, like the rest of the property, is tastefully decorated, creating an ambiance of elegance and warmth.

The heart of this home, without a doubt, is its extensive kitchen diner. Fitted luxuriously with superior appliances and finishes, this space manifests the perfect setting for those who enjoy culinary adventures. From weekday meals to elaborate dinner parties, this kitchen will cater to all your dining needs with ease.

Moving to the upper floor, you will find three generously-sized bedrooms, providing ample comfort and privacy. This property boasts two sleek, modern bathrooms, fully equipped and ready for relaxing moments after a long day. The bedrooms and bathrooms are perfectly arranged to facilitate a smooth and efficient morning routine.

This home is ideal for all year comfort and efficiency with a full gas central heating system and double-glazed windows throughout. To further augment the house's appeal is its detached garage, offering added storage, workspace or secure shelter for your car. With its off-street parking and independently rated insulation (EPC to be confirmed), this home caters to both practicality and comfort.

The property resides on Lanesborough Road, a serene residential charge in council tax band C. This immaculate property is on the market as freehold, and we highly recommend an internal viewing to fully appreciate its charm.

Internally, the owner has left no stone unturned when maintaining this property, every corner of this home is in pristine condition. Highly regarded in this popular residential area, this marvelous home could be the perfect fit for you. We anticipate significant interest in this property and recommend booking your viewing promptly.

New Home: Yes.

Chain Free: Yes.

Rooms:

GROUND FLOOR:
STORM PORCH

ENTRANCE HALLWAY:
With stairs off to first floor, telephone point, single paneled radiator, under stairs store and laminate floor covering.

THROUGH LOUNGE: 27' (8m 22cm) 2 x 12' (3m 65cm) 8 (approx)
With two single paneled radiator, feature fire place with fitted gas fire, telephone point & TV point.

L SHAPED KITCHEN / DINER: 20' (6m 9cm) 6 x 19' (5m 79cm) 0 (approx)
Luxury fitted with a range of eye level & fitted base units, rolled over work tops with drawers, fitted hob, oven & extractor fan, single drainer sink with base cupboard, plumbing for automatic washing machine & integrated dish washer, wall mounted Worcester gas boiler with timer switch, double paneled radiator, partly tiled, tiled flooring and patio doors to rear garden.

BATHROOM:
Full suite comprising shower cubicle, low flush WC, wash hand basin with tiled splash back, fully tiled and single paneled radiator.

FIRST FLOOR:
Landing with access to loft and airing cupboard.

BEDROOM 1: 10' (3m 4cm) 4 x 13' (3m 96cm) 2 (approx)
With fitted wardrobe, dresser, single paneled radiator, telephone point and double glazed window to front elevation.

BEDROOM 2: 12' (3m 65cm) 2 x 10' (3m 4cm) 3 (approx)
With fitted wardrobe, corner work desk, single paneled radiator and double glazed window to rear elevation.

BEDROOM 3: 8' (2m 43cm) 0 x 9' (2m 74cm) 0 (approx)
With single paneled radiator and double glazed window to front elevation.

BATHROOM 2:
Comprising of paneled bath, wash hand basin with tiled splash back, low flush WC, fully tiled and heated towel rail.

SEPARATE WC:
With low flush WC.

OUTSIDE:
Garden to the front with off street parking and slabbed patio & gardens to the rear.

DETACHED GARAGE:
With up & over door.



Features
  • COUNCIL TAX: BAND C
  • EPC: 67D
  • POPULAR RESIDENTIAL AREA
  • INTERNAL VIEWING HIGHLY RECOMMENDED
  • Freehold

Nearest Stations:

2.13 miles
Leicester
2.66 miles
Syston
4.83 miles
Sileby
5.55 miles
South Wigston
6.16 miles
Barrow-Upon-Soar

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

£ 382200

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
    £ 11500
  • 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

£ 37200
  • 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

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£
  %

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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