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297 Uppingham Road, LE5 4DG
£175,000 Offers over
Bedrooms
Bathrooms
Reception
Property Description
Nestled in the heart of Leicester, this charming three-bedroom terraced home on Warwick Street offers an inviting blend of space, comfort, and convenience. With a total area of approximately 70.6 sq. metres (759.8 sq. ft.), the property provides ample room for families, professionals, or investors.
Ground Floor
Reception Room (3.49m x 3.20m / 115 x 106): Positioned at the front of the property, this welcoming space is perfect for relaxation or entertaining. A large window allows natural light to flood the room, creating a bright and airy atmosphere.
Living Room (4.51m x 3.20m / 1410 x 106): Generously sized and situated at the centre of the home, this space offers versatility as a secondary lounge or dining area.
Kitchen (3.71m x 1.98m / 122 x 65): Located at the rear of the property, the kitchen is equipped with ample space for appliances and storage. A door provides access to the rear garden.
Under-Stairs Storage: A convenient store cupboard located off the living room, ideal for household essentials.
First Floor
Bedroom 1 (3.54m x 3.67m / 117 x 120): Positioned at the front of the property, this spacious master bedroom offers plenty of room for furniture.
Bedroom 2 (3.74m x 1.96m / 123 x 65): A cosy bedroom ideal as a single room, nursery, or home office.
Bedroom 3 (2.14m x 2.82m / 70 x 93): Overlooking the rear, this additional bedroom offers versatility for family members or guests.
Bathroom (1.83m x 2.48m / 60 x 82): Fitted with a bath, sink, and WC, this family bathroom is located off the landing.
Outdoor Space
The property boasts a rear garden with potential for landscaping to suit personal taste.
Location
Situated on Warwick Street, the property enjoys easy access to Leicester city centre and its wealth of amenities, including shopping, dining, and entertainment.
Local Schools: A range of highly regarded schools are nearby, catering to families with children of all ages.
Parks and Green Spaces: Enjoy local parks and recreation areas ideal for outdoor activities.
Transport Links: Excellent connectivity with local bus routes and major road networks.
This property is perfect for first-time buyers, growing families, or investors. Contact Kings Real Estate on 0116 352 7012 to arrange your viewing today!
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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