New zealand lane, queniborough, leicester, leicestershire le7 3fu

£475,000 Offers over

3

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Property Description

This impressive three-bedroom detached bungalow offers modern, single-storey living with a total internal area of approx. 97.1 sq. metres (1045.6 sq. feet). The home was completely demolished and newly rebuilt in 2021, meaning everything from the structure to the finishes is fresh, contemporary, and built to current standards.

Inside, the property features three bedrooms, including a main bedroom with en-suite, a spacious family bathroom, a sleek and functional kitchen/diner, and a bright, airy living room ideal for entertaining or relaxing. Theres also a practical utility room and a generous central hallway that ties the home together.

Externally, the property boasts a large driveway with space for up to four vehicles, offering excellent off-road parking a real bonus for families or households with multiple cars.


Ground Floor Room Sizes

  • Living Room: 6.43m x 3.63m

  • Kitchen/Diner: 7.84m x 2.00m

  • Hallway: 4.89m x 4.33m

  • Bedroom 1: 3.11m x 3.23m

  • En-suite:1.31m x 2.14m

  • Bedroom 2: 3.11m x 3.24m

  • Bedroom 3: 2.18m x 2.14m

  • Utility Room: 1.39m x 2.14m

  • Bathroom: 2.18m x 1.93m

Location & Amenities:

Located in the heart of Queniborough, this home benefits from the charm of village life while remaining within easy reach of Leicester city centre and Syston. The area is known for its excellent local schools, parks, and community facilities, along with convenient access to shops, restaurants, and public transport links. Ideal for commuters and families alike, the nearby A46 and A607 offer smooth connections across Leicestershire.

Book a Viewing

Dont miss out on this spacious and ideally located home in Queniborough. To arrange a viewing or for more information, please contact us at:

0116 352 7012

[email protected]



Features
  • Freehold

Nearest Stations:

1.31 miles
Syston
2.57 miles
Sileby
4.47 miles
Barrow-Upon-Soar
5.95 miles
Leicester
7.43 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

£ 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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  %
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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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