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297 Uppingham Road, LE5 4DG
£290,000 Offers over
Bedrooms
Bathrooms
Reception
Kings are excited to present this three-bedroom semi-detached house found on Humberstone Road, located in the New Humberstone area. This property is found in a sought-after location due to the convenience that it brings for the owner, being located near the junction connecting Humberstone Road, Spinney Hill Road and Forest Road, a popular junction as it grants ease of access to surrounding areas including Spinney Hills, Humberstone, Northfields and Leicester City Centre. This property is very spacious throughout with the ground floor consisting of two reception rooms, kitchen/diner and downstairs wc, and the first floor consisting of three bedrooms and a separate wc and bathroom.
As you enter the property you are initially welcomed by a spacious entrance hallway stretching from the front to the rear of the property offering access to the entire ground floor. The first reception room is the larger out of the two located at the front of the property consisting of carpeted flooring, a large, front facing double-glazed bay window and wall mounted radiator. The second reception room mirrors the layout of the first, however it is slightly smaller benefiting from the same features. The kitchen/diner is located at the rear of the property boasting a spacious layout ideal for large families or hosting multiple guests consisting of fitted worktops and storage cupboards, integrated appliances, access to a storage cupboard, double-glazed windows and rear garden access.
As you proceed up the stairway onto the first floor you are welcomed by a spacious landing area providing access to all three bedrooms and a separate wc and bathroom. All three bedrooms are double bedrooms with bedroom one being the master bedroom in the property, stretching the front of the property. All three bedrooms consist of carpeted flooring, double-glazed windows and wall mounted radiators. The bathroom and wc are both separate with the bathroom consisting of tiling throughout, a bath/shower and sink.
This property is one not to miss out on due to the location and the fact that it is available with no chain! Available by appointment only. Call Kings now 0116 352 7012!!!
Property Info
Ground Floor
Reception Room: 3.97m x 3.67m (13 x 12) located at the front of the property consisting of carpeted flooring, a front facing double-glazed bay window and wall mounted radiator.
Living Room: 3.46m x 2.97m (114 x 99) second reception room located towards the rear of the property consisting of carpeted flooring, a rear facing double-glazed window and wall mounted radiator.
Kitchen/Diner: 5.27m x 3.20m (173 x 106) located at the rear of the property consisting of fitted worktops and storage cupboards, integrated appliances, double-glazed windows, wall mounted radiators and access to the downstairs toilet, rear garden and storage space.
First Floor
Bedroom One: 3.97m x 5.19m (13 x 17) double bedroom located at the front of the property consisting of carpeted flooring, a front facing double-glazed window and wall mounted radiator.
Bedroom Two: 3.48m x 3.44m (115 x 113) double bedroom located towards the rear of the property consisting of carpeted flooring, a rear facing double-glazed window and wall mounted radiator.
Bedroom Three: 3.03m x 3.21m (911 x 106) double bedroom located at the rear of the property consisting of carpeted flooring, a rear facing double-glazed window and wall mounted radiator.
Bathroom: 2.18m x 2.17m (72 x 71) separate wc and bathroom consisting of tiling throughout, a bath/shower and sink.
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.
297 Uppingham Road, LE5 4DG
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