Grassholme Drive, Loughborough, Leicestershire

1 /13
Available / For Sale

Sinclair Estate Agents, Charnwood

15 High Street, Sileby Leicestershire

4 bedroom detached for sale

£450,000

4

Bedrooms

2

Bathrooms

Floorplan

An immaculately kept family home situated in a sought after residential location with beautifully tendered and private rear gardens. Internally the accommodation comprises; reception hall, downstairs cloaks/wc, living room with wood burning stove and bi-fold doors opening to a conservatory with views of the garden. There is a separate dining room and breakfast kitchen with integrated appliances. On the first floor an open landing gives way to four bedrooms (with en-suite to guest bedroom) and a re-fitted family bathroom. outside to the front of the property there is a driveway providing ample off road parking with access to a double detached garage with electric up and over door. The rear gardens as mentioned are yet another feature of sale. EPC RATING C.

Detailed Accomodation - Canopy entrance door through to the reception hall.

Reception Hall - Balustrade staircase accessing the first floor, contemporary wall mounted radiator, under stairs storage cupboard. Doors accesing; the downstairs cloak room/wc, main living room (with conservatory off), separate dining room, fitted breakfast kitchen. There is tiled flooring throughout the hall, wc, dining room and kitchen.

Downstairs Wc - Fitted with a modern two piece suite comprising; low flush wc, vanity un it surmounted by a wash hand basin with chrome mixer tap over and cupboard under. There is a wall mounted combination Worcester gas fed boiler, heated chrome towel rail, uPVC double glazed opaque glass window.

Living Room - 6.38m x 3.56m (not including bay window) (2011 x - uPVC double glazed, walk-in bay window, fitted blinds, radiator, feature central fire place with a slate hearth surmounted by a wood burning stove, inset over mantel, two radiators, uPVC double glazed bi-fold doors opening and accessing the conservatory.

Conservatory - 3.25m x 3.25m (108 x 108) - Pleasant room with pitched glass roof enjoying views and access to the beautifully landscaped garden. There is a radiator, electric light and power.

Separate Dinging Room - 3.18m x 2.72m (105 x 811) - uPVC double glazed doors accessing the patio and rear garden. There is a contemporary style radiator, door accessing the breakfast kitchen.

Breakfast Kitchen - 5.38m x 2.44m (178 x 8) - The kitchen is fitted with a one and a half bowl single drainer sink unit with a mixer tap over and cupboards under. There is a range of fitted units to the wall and base, granite worksurfaces and matching upstand. There is an induction Neff Hob with extractor fan over, a double Neff oven and grill and a microwave. There is an integrated fridge, freezer, dishwasher, washing machine and space saving corner cupboards. uPVC double glazed windows to two elevations.

First Floor - A pleasant open landing space gives way to four bedrooms with guest en-suite. uPVC double glazed window, fitted blinds, loft access hatch.

Bedroom One - 4.42m x 3.30m (146 x 1010) - Generously proportioned bedroom with fitted bedroom furniture including wardrobe/cupboards, bedside tables and drawer units. There is a radiator, uPVC double glazed window, fitted blinds.

Bedroom Two - 3.43m x 2.95m (including wardrobe/cupboards) (113 - uPVC double glazed window overlooking the garden, fitted blinds, radiator, a range of wardrobe/cupboards and bedside tables.

Bedroom Three - 2.87m x 2.49m (95 x 82) - uPVC double glazed window overlooking the garden, radiator, fitted blinds, door accessing the en-suite shower room.

En-Suite Shower Room - Fitted with a modern white suite comprising; walk-in shower cubicle, low flush wc, pedestal wash hand basin.

Bedroom Four - 2.87m x 1.93m (95 x 64) - uPVC double glazed window overlooking the garden, fitted blinds, radiator.

Family Bathroom - The family bathroom has been re-fitted with a modern white four piece suite comprising; panel bah with chrome taps, walk-in shower cubicle with thermostatic shower, vanity unit with inset wash hand basin and cupboard storage under, low flush wc with concealed system. Tiled walls, uPVC double glazed opaque glass window.

Outside - To the front the property is set back from the road with a block paved driveway providing ample off road parking. The driveway in turn accesses the double detached garage.

The garden is a particular feature of sale with continued block paving patios from the front, railway sleeper edging and planting boarders to the side of the property. Whilst the rear opens to a landscaped and beautifully tendered garden enjoying privacy to the plot there is railway sleeper edgings with inset lighting and a shaped lawn beyond. There is a variety of mature plants shrubs and trees. There is also a summer house located to the corner of the plot. There are outside power supplies and a useful storage area and wood store to the side of the property.

Garage - 5.11m x 4.85m (169 x 1511) - Remotely and electrically operated up and over door, the garage is a well organized space with worksurfaces and units under. There are ample electric power points, space for a tumble dryer, uPVC double glazed window and personnel access door leading to the garden.

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

£ 373950

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
    £ 11250
  • 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

£ 36450
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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