St columba way, syston, leicester, leicestershire, le7 1rp

£210,000 OIRO

2

Bedrooms

1

Bathrooms

1

Reception

Floorplan

Kings are pleased to present this two-bedroom end-terraced house found on St Columba Way in the Syston area. This property is conveniently located down a cul-de-sac making it an ideal home for those looking to be away from the main roads, the location of the property is also ideal being within close proximity to a number of local amenities including shops, supermarkets, Thurmaston Shopping Park, restaurants, schools and major access routes to surrounding areas. The layout of the property is quite spacious with the ground floor consisting of an extended porch area, the living room and a kitchen/diner, and the first floor consists of two double bedrooms and the family bathroom.

As you enter the property you make your way through an extended porch area making the first impression of the house feel quite spacious, the porch also provides access to the living room and stairway leading up to the first floor. The living room provides a comfy spacious atmosphere for the house, open planned with the kitchen/diner, consisting of hardwood flooring, a gas fireplace, front facing double-glazed window, wall mounted radiator and access to the under stair storage. The kitchen/diner stretches the rear of the property consisting of fitted worktops and storage cupboards, integrated appliances, rear garden access and enough room for a small dining table.

As you proceed up the stairway onto the first floor you are met with a narrow landing area providing access to both double bedrooms and the family bathroom. Bedroom one is the master bedroom located at the front of the property consisting of carpeted flooring, a front facing double-glazed window, wall mounted radiator and access to an integrated storage cupboard/wardrobe. Bedroom two is a smaller double bedroom located at the rear of the property consisting of carpeted flooring, a rear facing double-glazed window and wall mounted radiator. The property also benefits from a three-piece bathroom consisting of a bath/shower, sink and toilet.

This property has a number of benefits including a driveway large enough for multiple cars, it is the corner plot meaning it has a larger plot of land, a large garden, shed storage space and it also requires next to no work. Available by appointment only. Call Kings only 0116 352 7012!!

Property Info

Ground Floor

Living Room: 3.26m x 3.31m (108 x 1010) spacious living area located at the front of the property consisting of hardwood flooring, a front facing double-glazed window, wall mounted radiator and gas fireplace.

Kitchen/Diner: 2.26m x 4.27m (75 x 14) stretching the rear of the property consisting of fitted worktops and storage cupboards, integrated appliances, rear garden access and enough room for a small dining table.

First Floor

Bedroom One: 3.03m x 3.30m (911 x 1010) double bedroom located at the front of the property consisting of carpeted flooring, front facing double-glazed windows, a wall mounted radiator and access to an integrated storage cupboard.

Bedroom Two: 2.49m x 2.25m (82 x 75) small double bedroom located at the rear of the property consisting of carpeted flooring, a rear facing double-glazed window and wall mounted radiator.

Bathroom: 1.62m x 2.00m (54 x 67) three-piece bathroom consisting of a bath/shower, sink and toilet.



Features
  • Freehold

Nearest Stations:

0.43 miles
Syston
2.42 miles
Sileby
4.19 miles
Barrow-Upon-Soar
4.9 miles
Leicester
7.11 miles
Loughborough

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

£ 165450

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
    £ 5250
  • 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

£ 7950
  • 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

£

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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