Tennis court drive, humberstone, leicester, leicestershire, le5 1aq

£475,000 Offers over

3

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Property Description

Kings are proud to present this spacious and versatilethree-bedroom detached family homesituated in the sought-after residential area ofTennis Court Drive, located in the popular suburb ofHumberstone, Leicester. Boasting generous living spaces, a garage, an office, and a well-thought-out layout, this property is perfect for families or professionals seeking comfort and practicality.


Navigating Through the Property

Upon entering the home through the porch, youre welcomed into a central hallway that connects all ground-floor rooms. On the left of the hallway at the front of the property, there is a reception room, perfect for relaxing and entertaining. Moving through, you enter a bright and openliving room, conveniently located next to thekitchenandkitchen areaat the rear. AstoreandWCare also conveniently positioned off the kitchen. On the left side of the house, there's a garage that providesexcellent additional spaceperfect for extra storage.

Ascending the stairs from the hallway, thefirst flooropens onto aspacious landing, granting access to three well-proportionedbedrooms, afamily bathroom,WC area.


Ground Floor Sizings

  • Porch: 0.54m x 3.05m

  • Hallway: 2.00m x 3.05m

  • Reception Room: 3.83m x 3.64m

  • Living Room: 4.56m x 3.72m

  • Kitchen: 3.17m x 2.73m

  • Kitchen Area: 4.74m x 2.13m

  • WC: 0.95m x 1.29m

  • Store: 0.84m x 1.39m

  • Garage: 4.49m x 2.61m

  • Office: 2.64m x 2.61m


First Floor

  • Landing: 2.82m x 0.82m

  • Bedroom 1: 3.96m x 3.66m

  • Bedroom 2: 3.30m x 3.66m

  • Bedroom 3: 2.31m x 2.77m

  • Bathroom: 2.91m x 1.80m

  • WC Area: 1.99m x 0.84m


Location & Amenities

Situated in the heart ofLeicester's LE5 postcode, this home benefits from excellent transport links, reputable schools, and nearby parks. Its within easy reach ofHumberstone Junior Academy,Netherhall School, andNuffield Health Leicester Hospital. Local shopping is a breeze withHamilton Tesco Extra,Uppingham Roadamenities, andEvington Roadclose by, offering everything from groceries to restaurants and cafs.

Commuters will love the easy access to theA47andLeicester city centre, while families will appreciate the quiet, well-established residential setting.


Book Your Viewing Today!

Don't miss out on this beautifully laid out home with room to grow. To arrange a viewing, please contact us at:



Features

  • Freehold

Nearest Stations:

2.14 miles
Leicester
3.34 miles
Syston
4.95 miles
South Wigston
6.05 miles
Sileby
7.3 miles
Narborough

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

£ 394575

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
    £ 11875
  • 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

£ 38325
  • 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

Adjust these figures

  %

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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