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177, MELTON ROAD, LEICESTER, LE4 6QT
£415,000
Bedrooms
Bathrooms
Reception
Nestled in the heart of the sought-after residential area of Belgrave, Leicester, this substantial five-bedroom extended semi-detached house on Doncaster Road presents an exceptional opportunity for families and investors alike. Offered for sale with no upward chain, the property boasts generous living accommodation across two floors, combining spaciousness with flexibility to suit a variety of lifestyles. With an asking price of 415,000 and freehold tenure, it represents excellent value in a prime location.
The ground floor opens into a welcoming entrance hallway, leading into two spacious reception rooms that offer ideal settings for both formal entertaining and relaxed family living. The extended lounge and kitchen are particularly impressive, offering ample space for dining, entertaining, and day-to-day activities. The modern kitchen area has been sympathetically designed to maximise both light and practicality, making it the true heart of the home. Completing the ground floor is a convenient guest WC, separate shower with electric shower and access to a garage, ideal for additional storage or vehicle accommodation.
The upper floor hosts five generously proportioned bedrooms, offering flexibility for growing families or those requiring additional home office space. Two well-appointed bathrooms and a second WC ensure comfort and practicality on the first floor. Each room has been thoughtfully laid out to reflect the propertys spacious nature, providing excellent potential for further personalisation.
Externally, the property benefits from private outdoor space, ideally suited for childrens play, outdoor dining or gardening. Driveway parking further complements the practicality of this fantastic home.
Situated in a popular and well-connected area, this home enjoys proximity to a host of local amenities. There are multiple supermarkets just a short distance away, including Tesco Extra and Asda Thurmaston, both under ten minutes by car. Families will appreciate the excellent choice of nearby educational facilities, ranging from well-regarded primary schools to secondary academies within the catchment area.
Leisure and recreational requirements are well catered for with local gyms, parks and the renowned Abbey Pumping Station and Belgrave Hall & Gardens a short stroll away. Healthcare needs are also within reach, with GP practices and the Leicester General Hospital located nearby.
For those commuting or travelling further afield, Leicester Railway Station is approximately 2.5 miles away, offering regular trains to London St Pancras and Birmingham. East Midlands Airport can be reached in around 30 minutes by car, providing convenient international links.
With its abundance of versatile living space, desirable location and excellent access to services and transport, internal viewing of this superb home is highly recommended to fully appreciate what is on offer. This is a rare opportunity in one of Leicesters most popular neighbourhoods not to be missed.
New Home: Yes.
Chain Free: Yes.
Rooms:
GROUND FLOOR:
STORM PORCH
ENTRANCE HALLWAY:
With stairs off to first floor, telephone point, single paneled radiator and under stairs store.
LOUNGE: 11' (3m 35cm) 4 x 12' (3m 65cm) 0 (approx) into bay window
With single paneled radiator, feature fire place with fitted gas fire, telephone & TV point.
EXTENDED LIVING ROOM: 21' (6m 40cm) 6 x 10' (3m 4cm) 8 (approx)
With two single paneled radiator, fitted gas fire and patio door to rear garden.
EXTENDED KITCHEN: 17' (5m 18cm) 8 x 6' (1m 82cm) 8 (approx)
Fitted with a range of eye level & fitted base units, rolled over work tops with drawers, extractor fan, single drainer sink with base cupboard, cooker point, wall mounted gas boiler with timer switch, single paneled radiator, partly tiled and door to side extension and door to garage.
GARAGE: 20' (6m 9cm) 0 x 8' (2m 43cm) 2 (approx)
With up & over door.
SEPARATE SHOWER:
With electric shower.
SEPARATE WC:
With low flush WC and wash hand basin.
UTILITY ROOM:
With plumbing for automatic washing machine & dryer.
FIRST FLOOR:
Landing.
BEDROOM 1: 10' (3m 4cm) 0 x 12' (3m 65cm) 8 (approx)
With fitted wardrobe, single paneled radiator, double glazed window to front elevation.
BEDROOM 2: 10' (3m 4cm) 0 x 12' (3m 65cm) 6 (approx)
With fitted wardrobe, single paneled radiator and double glazed window to rear elevation.
BEDROOM 3: 6' (1m 82cm) 8 x 7' (2m 13cm) 0 (approx)
With single paneled radiator and double glazed window to front elevation.
BEDROOM 4: 11' (3m 35cm) 6 x 8' (2m 43cm) 0 (approx)
With single paneled radiator and double glazed window to front elevation.
BEDROOM 5: 7' (2m 13cm) 6 x 8' (2m 43cm) 0 (approx)
With single paneled radiator and double glazed window to rear elevation.
BATHROOM:
Full suite in white comprising of shower cubicle, wash handbasin with tiled splash back, low flush WC, electric shower and heated towel rail.
OUTSIDE:
Garden to the front with off street parking and slabbed yard to the rear.
Map location is not available for this property.
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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