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177, MELTON ROAD, LEICESTER, LE4 6QT
£495,000
Bedrooms
Bathrooms
Reception
Located in the sought-after area of Stoneygate, Leicester, this impressive mid-terraced property on Evington Road is offered for sale with an asking price of 495,000. Boasting six spacious bedrooms, four bathrooms, and generous living accommodation, this property presents an excellent opportunity for families or investors alike. With its extensive layout across three storeys, the home offers great potential, including the possibility for HMO conversion.
Upon entering the property on the ground floor, you are greeted by a well-proportioned reception room, ideal for relaxation or entertaining guests. The property further benefits from three kitchens, providing flexibility and convenience for larger households. The fully double-glazed windows and gas central heating ensure a warm and comfortable living environment throughout the year.
Externally, the home benefits from off-street parking for two vehicles, a rare feature in this desirable area. The freehold tenure and council tax band A classification make this an attractive proposition for prospective buyers. With its location in a popular residential area, close to local amenities, transport links, and reputable schools, this property is perfectly suited for family living or investment purposes.
An internal viewing is highly recommended to truly appreciate the space, potential, and character this beautiful pliasaded villa has to offer. Don't miss out on this fantastic opportunity to secure a well-located and spacious home in one of Leicesters most popular areas.
New Home: Yes.
Chain Free: Yes.
Rooms:
GROUND FLOOR:
HARDWOOD ENTRANCE DOOR TO:
PORCH:
With tiled flooring.
ENTRANCE HALLWAY:
With stairs off to first floor, telephone point, laminate floor covering, double paneled radiator and in-built store with shelving and stairs to basement.
THROUGH LOUNGE: 18' (5m 48cm) 0 x 14' (4m 26cm) 3 (APPROX) INTO BAY WINDOW
With single paneled radiator, feature fire place, telephone & TV point and laminate floor covering.
KITCHEN / DINER (1): 12' (3m 65cm) 4 x 14' (4m 26cm) 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 & dish washer, heated towel rail, partly tiled, recessed lighting and tiled flooring.
LOBBY:
With door to rear Garden.
KITCHEN / DINER (2): 10' (3m 4cm) 0 x 25' (7m 62cm) 0 (approx)
Luxury fitted with a range of eye level & fitted base units, single drainer sink with base unit, plumbing for automatic washing machine, extractor fan, wall mounted gas boiler and double paneled radiator.
BEDROOM 1: 9' (2m 74cm) 8 X 8' (2m 43cm) 7 (approx)
With fitted wardrobes, single paneled radiator, laminate floor covering and glazed window to side elevation.
BATHROOM:
Full suite comprising shower cubicle, low flush WC, wash hand basin with tiled splash back, partly tiled, tiled flooring and heated towel rail.
FIRST FLOOR:
Landing with stairs off to 2nd floor and single paneled radiator.
BEDROOM 2: 12' (3m 65cm) 8 x 14' (4m 26cm) 8 (approx)
With single paneled radiator, telephone point and double glazed window to front elevation.
BEDROOM 3: 12' (3m 65cm) 8 x 14' (4m 26cm) 0 (approx)
With single paneled radiator and double glazed window to rear elevation.
BEDROOM 4: 12' (3m 65cm) 4 x 13' (3m 96cm) 9 (approx)
With single paneled radiator and double glazed window to rear elevation.
BATHROOM 2:
Full suite comprising of paneled bath, wash handbasin with tiled splashback, low flush WC, partly tiled and heated towel rail.
SEPARATE WC:
With low flush WC.
SECOND FLOOR:
Landing and wall mounted gas boiler with timer switch.
BEDROOM 5: 12' (3m 65cm) 4 x 13' (3m 96cm) 9 (approx)
With single paneled radiator and double glazed window to rear elevation.
BEDROOMM 6: 12' (3m 65cm) 4 x 14' (4m 26cm) 8 (approx)
With single paneled radiator and double glazed window to front elevation.
BATHROOM 3:
Full suite in white comprising of paneled bath, wash hand basin with tiled splash back, low flush WC, tiled flooring and heated towel rail.
BASEMENT: 30' (9m 14cm) 0 x 18' (5m 48cm) 8 (approx)
OUTSIDE:
To the front: The property benefits from street parking, offering convenient access right at the front. To the Rear: At the back, you'll find a spacious slabbed patio area, partially pebble-dashed for a unique aesthetic. The rear also features stairs leading down to the basement, providing easy access. Additionally, there are four dedicated parking spaces at the rear, accessible via the Evington footway, ensuring secure and private parking.
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.
177, MELTON ROAD, LEICESTER, LE4 6QT
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