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297 Uppingham Road, LE5 4DG
£135,000 Offers over
Bedrooms
Bathrooms
Reception
Property Description
Kings are excited to present this three-bedroom flat located on Radstone Walk in the Rowlatts Hill area. The location of the property is ideal, being found within close proximity to local shops, fantastic transport links with regular bus routes and major access roads including Wicklow Drive and Uppingham Road, places of worship, and local schools. The flat is spacious throughout, consisting of three bedrooms, a kitchen, a living room, and a separate bathroom and WC.
The flat can be found on top of a number of shops, making it a first-floor flat. As you enter the property, you are initially welcomed by a long entrance hallway connecting you to every room individually. The kitchen is located at the front of the flat, consisting of fitted worktops and storage cupboards, a free-standing oven/hob, and a front-facing double-glazed window. The living room can be found at the rear of the property, consisting of carpeted flooring, a rear-facing double-glazed window, rear balcony access, and a wall-mounted radiator. Bedrooms one and two are both double bedrooms, with bedroom three being a single bedroom. All three bedrooms consist of carpeted flooring, double-glazed windows, and wall-mounted radiators, with bedrooms two and three also benefiting from integrated storage cupboards/wardrobes. The family bathroom and WC are both separate, with the bathroom consisting of tiling throughout, a bath, and a sink.
Property Infomation:
Living Room: 4.71m x 3.01 m (155 x 9'11"), located at the rear of the property, consisting of carpeted flooring, a rear-facing double-glazed window, rear balcony access, and a wall-mounted radiator.
Kitchen: 4.38m x 2.11m (144 x 6'11"), located at the front of the property, consisting of fitted worktops and storage cupboards, a free-standing oven/hob, sink, and a front-facing double-glazed window.
Bathroom: 1.81m x 1.65m (511 x"5'5")separate bathroom and WC consisting of tiling throughout, a bath, and a sink.
Bedroom One: 4.20m x 2.73m (139 x"8'11")double bedroom located at the rear of the property consisting of carpeted flooring, a rear-facing double-glazed window, a wall-mounted radiator, and an integrated wardrobe/storage cupboard.
Bedroom Two: 3.03m x 2.58m (911 x"8'6")double bedroom located at the front of the property consisting of carpeted flooring, a front-facing double-glazed window, and a wall-mounted radiator.
Bedroom Three: 2.92m x 2.02m (97 x"6'8")single bedroom consisting of carpeted flooring, a side-facing double-glazed window, a wall-mounted radiator, and an integrated wardrobe/storage cupboard.
Ground Rent: 10 PA
Lease Years: 95 years old
Service Charge: 75 PCM
Contact
This property is one not to miss out on, especially for those looking to get onto the property ladder or investors looking to expand their portfolio. Available by appointment only. Call Kings now at 0116 352 7012!
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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