4 bedroom house for sale

£325,000

4

Bedrooms

1

Bathrooms

2

Reception

Located in a sought-after residential area, this charming four-bedroom end terraced house on Discovery Road in Belgrave, Leicester, is now available for sale at an asking price of 325,000. Offering spacious accommodation across two floors, the property is ideal for families or those seeking a versatile living space within easy reach of local amenities and excellent transport links.

Upon entering the property on the ground floor, you are welcomed into a generously sized reception room, perfect for relaxing or entertaining guests. A second reception room provides further flexible living space, suitable for a family dining area, a home office, or playroom. The kitchen is well-appointed and features ample surface space, ideal for preparing family meals. This floor also benefits from convenient access to the rear garden, offering potential for outdoor entertaining or creating a tranquil retreat.

Upstairs, the property comprises four well-proportioned bedrooms, providing a comfortable and private space for all members of the household. The family bathroom is fitted with modern fixtures and offers a practical and stylish space. Large windows throughout the home encourage natural light into each room, enhancing the bright and welcoming feel.

Situated in the popular area of Belgrave, this home is ideally positioned close to a range of local amenities. Several supermarkets are within a short walking distance, including Asda and Tesco Express, making everyday shopping convenient. Families will appreciate the selection of highly regarded schools nearby, such as Rushey Mead Academy and Sandfield Close Primary School. For those leading an active lifestyle, Cossington Street Sports Centre and other leisure facilities are also just a short drive away.

Healthcare needs are well catered for, with GP surgeries and Leicester General Hospital located within easy reach. Commuters benefit from excellent transport connections Leicester Railway Station is approximately 2.5 miles away, providing regular services to London, Birmingham, and beyond. For those requiring air travel, East Midlands Airport and Birmingham Airport are both within an hours drive.

This well-presented, conveniently located home on Discovery Road offers a rare opportunity to acquire a substantial family property in one of Leicesters most established neighbourhoods. Early viewing is strongly recommended to appreciate what is on offer.

New Home: Yes.

Chain Free: Yes.

Rooms:

GROUND FLOOR:
HARDWOOD ENTRANCE DOOR TO

ENTRANCE HALLWAY:
With stairs off to first floor and songle panelled radiator

CLOAK ROOM:
With low flush WC, wash handbasin with tiled splashback and single panelled radiator.

LOUNGE: 16'4 x 11'2 (approx)
With single panelled radiator and telephone & TV points.

KITCHEN/DINER: 16'4 x 9'8 (approx)
Luxury fitted with eye level & fitted base units rolled over work tops with drawers, fitted hob, oven & extractor hod, single drainer sink with base cupboard, integrated dishwasher and fridge/freezer, wall mounted gas boiler with timer switch, double panelled radiator, partly tiled and door to rear garden.

FIRST FLOOR:
With stairs off to second floor and single panelled radiator.

ENSUITE:
Full suite comprising of shower cubicle, wash handbasin with tiled splashback, low flush WC, partly tiled and single panelled radiator.

BEDROOM 1 (WITH ENSUITE ): 10'8 x 9'10 (approx)
With fitted wardrobe, single panelled radiator and double glazed window front elevation.

BEDROOM 2: 10'8 x 6'6 (approx)
With single panelled radiator and double window to front elevation.

BEDROOM 3: 10'8 x 7'4 (approx)
With fitted fitted wardrobe, single panelled radiator and double-glazed window to the side elevation.

BATHROOM:
Full suite comprising of panelled bath, wash handbasin with tiled splashback, low flush WC, partly tiled and single panelled radiator.

SECOND FLOOR:
With stairs off to

OPEN PLAN BEDROOM 4 (WITH SUITE): 16'4 x 25'6 (approx)
With single panelled radiator, double glazed window to front and side elevation and archway leading to : -

DRESSING ROOM: 9' 8 x 7' 8 (approx)
With range of fitted wardrobes.

ENSUITE:
Full suite comprising of shower cubicle, wash handbasin with tiled splashback, low flush WC, partly tiled, single panelled radiator and airing cupboard.

OUTSIDE:
Slabbed yard to the rear with patio with gated access leading to parking and garage .

LEASE HOLD GARAGE:
located beneath coach house. Green Charge approx 70 every four months EPC RATING



Features
  • INTERNAL VIEWING RECOMMEDED

Nearest Stations:

1.44 miles
Leicester
3.7 miles
Syston
4.77 miles
South Wigston
5.65 miles
Sileby
6.22 miles
Narborough

Map location is not available for this property.

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

£ 270825

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
    £ 8125
  • 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

£ 27075
  • 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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