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177, MELTON ROAD, LEICESTER, LE4 6QT
£245,000
Bedrooms
Bathrooms
Reception
Set in a sought-after residential location, this well-presented two-bedroom mid-town house on The Greenway in Belgrave, Leicester is offered for sale with no upward chain at offers in excess of 245,000. Ideal for first-time buyers, downsizers or investors alike, the property offers a comfortable and practical layout across two floors and is positioned within easy reach of local amenities, transport links and schools.
The accommodation is thoughtfully arranged, entered on the ground floor into a light and welcoming lounge, ideal for modern living. To the rear lies a contemporary fitted kitchen featuring ample storage and workspace, with direct access to the rear garden. Upstairs, the property boasts two generously proportioned bedrooms, offering ample room for storage and furnishings, and a family bathroom with three-piece suite.
Additional benefits include full gas central heating, double glazing throughout, and off-street parking to the front. The property is presented Freehold and falls within Council Tax Band A, making it a cost-effective option for a wide range of purchasers. An EPC rating of 58 (Band D) ensures energy performance is well within typical standards for homes of this type.
Situated in Belgrave, one of Leicesters most popular and vibrant neighbourhoods, the home is nearby to an array of local shops with supermarkets including Tesco and Lidl within a short drive. Families will appreciate the number of well-regarded schools in the vicinity, and those needing access to healthcare can find GP surgeries, dental clinics and the Leicester General Hospital within easy reach. For leisure and recreation, Abbey Park and local leisure centres offer green space and gym facilities.
Excellent transport connections make this property all the more desirable. Leicester Railway Station is approximately 15 minutes by car, providing fast and reliable links to major cities including London in just over an hour. For those needing to commute or travel further afield, East Midlands Airport is conveniently located around 30 minutes away by car.
Viewings are highly recommended to fully appreciate the value and location of this welcoming home. With its combination of modern comforts and prime positioning, this town house is not to be missed.
New Home: Yes.
Chain Free: Yes.
Rooms:
GROUND FLOOR:
DOUBLE GLAZED DOOR TO:
ENTRANCE HALLWAY:
With stairs off to first floor and single paneled radiator.
LOUNGE: 16' (4m 87cm) 4 x 11' (3m 35cm) 0 (approx) into bay window
With single paneled radiator, telephone & TV point.
KITCHEN: 14' (4m 26cm) 2 x 7' (2m 13cm) 2 (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, cooker point, wall mounted gas boiler with timer switch, single paneled radiator, tiled flooring, partly tiled, under stairs store, recessed lighting and door to rear garden.
LOBBY:
With door to rear garden.
FIRST FLOOR:
Landing with access to loft, single paneled radiator and airing cupboard.
BEDROOM 1: 11' (3m 35cm) 4 x 10' (3m 4cm) 8 (approx)
With single paneled radiator, telephone point and double glazed window to front elevation.
BEDROOM 2: 10' (3m 4cm) 0 x 8' (2m 43cm) 0 (approx)
With single paneled radiator and double glazed window to rear elevation.
BATHROOM:
Full suite comprising of paneled bath, wash handbasin with tiled splashback, low flush WC, partly tiled and heated towel rail.
OUTSIDE:
Garden to the front with off street parking and slabbed yard to the rear, brick outbuilding, store and WC.
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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