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15 High Street, Sileby Leicestershire
£465,000
Bedrooms
Bathrooms
WESTFIELD IS AN IMPOSING AND IMPRESSIVE PERIOD RESIDENCE HAVING BEEN OCCUPIED BY THE CURRENT FAMILY SINCE 1970 AND NOW READY FOR SOME RESTORATION TO ITS FORMER GLORY. Although requiring modernisation Westfield has excellent potential and stands on a generous plot on the favoured Cossington Road. In brief the accommodation comprises: storm porch, reception hall, three reception rooms (living room, dining room and family room), downstairs cloakroom / WC, kitchen and utility room. On the first floor an open landing gives way to four bedrooms, bathroom, separate WC and store room. Outside the gardens are are particular feature of sale with an in and out driveway, generously private gardens to the rear and a useful annexe style building (former detached garage).
Arched storm porch and period feature entrance door with inset stain glass leaded light and opaque glass window through to the reception hall.
Reception Hall - The reception hall has a radiator, panel doors accessing three reception rooms (living room, dining room and family room), downstairs cloakroom / WC and kitchen (with utility room off). Stairs accessing the first floor.
Dining Room - 4.65m x 3.81m (153' x 126') - (To the side of chimney breast)
Double glazed sliding patio door to the rear elevation overlooking and accessing the garden, uPVC double glazed window to the side elevation, fireplace with tiled hearth and inset Parkray fire, wooden sides and over mantel. Picture railing, radiator and a serving hatch through to the kitchen.
Living Room - 4.55m x 3.78m (1411' x 125') - (To the side of chimney breast and not including bay window)
Bay window to the front elevation, two multi pane windows to the side elevation, two radiators, picture railing and cornice to ceiling.
Family Room - 4.57m x 4.55m (15 x 1411') - (To the side of chimney breast)
Multi pane window to the front elevation and two further multi pane windows to the side elevation. Radiator.
Downstairs Cloakroom / Wc - The cloakroom is fitted with a low flush WC, wash hand basin, cloaks hanging space and multi pane opaque glass window to the side elevation. Radiator.
Kitchen - 3.51m x 2.11m (116' x 611') - The kitchen has a double drainer stainless steel sink unit with mixer tap over, range of units to the wall and base, roll edge work surface, tiled surround, electric cooker point, radiator, window to the rear elevation overlooking the garden and access to the utility room.
Utility Room - 3.02m x 3.12m max & 2.18m min (911' x 103' max & - Work surface, plumbing for washing machine, space for a tumble dryer, wall mounted Worcester gas fed boiler, window to the rear elevation and door accessing a rear porch with uPVC double glazed door accessing the rear garden.
On The First Floor - On the first floor an impressive open landing area has timber panelled doors accessing four bedrooms, bathroom, separate WC and generous store area. Radiator, multi pane windows to the front and side elevations and loft access hatch.
Bedroom One - 4.57m x 3.81m (15 x 126') - (Not including bay window)
Bay window to the front elevation, two multi pane windows to the side elevation and two radiators. Vanity unit with inset sink.
Bedroom Two - 3.45m x 3.07m (114' x 101') - Multi pane window to the rear elevation overlooking and accessing the garden. Radiator.
Bedroom Three - 3.86m x 2.57m max & 1.73m min (128' x 85' max & - (Bedrooms three and four were one larger bedroom and with the removal of stud walling could revert back as such)
Multi panel windows to the front and side elevations, radiator and storage cupboards with over unit space to accommodate a mattress.
Bedroom Four - 3.89m x 1.65m min & 2.74m max (129' x 55' min & - (To the front of built in store cupboard)
(Bedrooms three and four were one larger bedroom and with the removal of stud walling could revert back as such)
Multi pane windows to the side elevation and a range of storage cupboards with over unit space to accommodate a mattress.
Bathroom - The bathroom is fitted with a panel bath with combination shower tap, pedestal wash hand basin, storage cupboards, radiator and multi pane windows to the side elevation.
Separate Wc - The separate WC is fitted with a low flush WC and multi pane window to the side elevation.
Store Cupboard - 1.83m x 0.97m (6 x 32') -
Outside - The property occupies a set back position from the favoured Cossington Road with a fenced front boundary and gravelled in and out driveway. There is a variety of mature plants, shrubs and trees. The driveway continues to the side of the property which in turn accesses the annex / former garage. Double gated access to the main garden.
The main garden is a particular feature of sale being generously proportioned and laid mainly to lawn. To the boundaries there is a variety of mature trees, to the rear and side of the property is a lawned area followed by a patio area with central steps leading to the main garden. There is a variety of fruit trees, a row of conifer tree screening which in turn leads to an additional wild garden area beyond. Timber built shed and greenhouses.
Special Note To Purchasers - It is understood that there was a slight historical movement to rear of property circa 1976, no action needed or taken.
Annex - Formally a detached brick built garage which has been converted in to a useful annex space with a personal access door to the main room.
Main Room / Studio - 3.18m x 4.78m (105' x 158') - uPVC double glazed windows to the side and rear elevations overlooking the garden, radiator and lobby area with a fitted wardrobe / cupboard and loft access hatch.
From the lobby area there is access to the bathroom.
Bathroom - The bathroom is fitted with a three piece suite comprising: panelled bath with combination shower tap, low flush WC, pedestal wash hand basin, radiator and uPVC double glazed opaque glass window to the side elevation.
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.
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