Croyland green, thurnby lodge, leicester, leicestershire, le5 2ld

£240,000 Offers over

3

Bedrooms

1

Bathrooms

1

Reception

Floorplan

Kings are pleased to present this three-bedroom terraced property located on Croyland Green in the Thurnby Lodge area. This property can be found just off Bowhill Grove and Thurncourt Road. The property benefits from being found just off the main road down a quiet road, within close proximity to local amenities including shops, supermarkets, schools, pharmacies, GPs and places of worship. The layout of the property follows that of a traditional terraced house inclusive of a ground floor consisting of the living room and kitchen, and the first floor consisting of three bedrooms and a separate wc and bathroom.

Upon entering the property you initially make your way through an extended porch before being welcomed by the entrance hallway. The entrance hallway provides access to the stairway and the living room. The living room takes up the front of the property bringing with it a cozy living area which benefits from ample natural light via the large front facing double-glazed window. The kitchen takes up the rear of the property and is accessed via the living room, the kitchen consists of fitted worktops and storage cupboards, a free standing oven/hob, rear garden access and a rear facing double-glazed window.

As you proceed up the stairway onto the first floor you are welcomed by a spacious landing area connecting you to all three bedrooms and a separate wc and bathroom. Bedrooms one and two mirror each other in layouts and placements in the property with bedroom one being slightly bigger than bedroom two and has access to two integrated wardrobes/storage cupboards, bedroom three is a single bedroom located at the front of the property consisting of the same features as the other rooms. The bathroom and wc are separated and located next to each other at the rear of the property, the bathroom consists of a stand-up shower and sink.

This property is one not to miss out on due to a number of benefits including a driveway big enough for multiple vehicles, solar panels on the roof, a sizeable garden with a brick built shed, double-glazing throughout, spacious rooms and gas central heating. This property is available by appointment only. Call Kings now 0116 352 7012!!!!

Property Info

Ground Floor

Living Room: 5.08m x 3.73m (168 x 123) spacious living area located at the front of the property consisting of hardwood flooring, a wall mounted radiator, front facing double-glazed window and access to the kitchen and under-stair storage.

Kitchen: 2.51m x 4.90m (83 x 161) stretching the rear of the property consisting of fitted worktops and storage cupboards, a free-standing oven/hob, wall mounted radiator and access to the rear garden.

First Floor

Bedroom One: 3.17m x 3.71m (105 x 122) double bedroom located at the rear of the property consisting of hardwood flooring, a rear facing double-glazed window, wall mounted radiator and access to two integrated storage cupboards/wardrobes.

Bedroom Two: 4.00m x 2.80m (131 x 92) double bedroom located at the front of the property consisting of hardwood flooring, a front facing double-glazed window and wall mounted radiator.

Bedroom Three: 3.19m x 2.02m (105 x 68) single bedroom located at the front of the property consisting of hardwood flooring, a front facing double-glazed window, wall mounted radiator and access to an integrated storage cupboard.

Bathroom: 1.71m x 1.50m (57 x 411) separate bathroom and wc (1.71m x 0.74m) located at the rear of the property consisting of tiling throughout, a stand-up shower, sink and rear facing double-glazed window.

Nearest Stations:

3.12 miles
Leicester
4.09 miles
Syston
5.18 miles
South Wigston
6.91 miles
Sileby
7.86 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

£ 188700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 6000
  • 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

£ 8700
  • 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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