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282 Welford Road, LL2 6EG
£200,000 Offers over
Bedrooms
Bathrooms
Offered with no upward chain, this traditional terrace home has been newly renovated and is a perfect blank canvas to make into a beautiful family home or ideal to add to a property portfolio.
The property is comprised over two floors. It has two reception rooms, kitchen, three bedrooms, family bathroom.Outside there is a low maintenance courtyard to the rear and street parking.
The property is conveniently located within walking distance of Braunstone Gate which is less than a mile away with bars, restaurants and shops and is conveniently located for easy access to the city centre, railway station, Fosse Retail Park and M1/M69 motorway links.
Description
Front Entrance Door opens into the lounge:
Living Room 3.45m x 3.35m (114x11)
Laminate Flooring, Front Facing Large Double-glazed Window.
Dining Room 3.65m x 3.35m (12x11)
Original Fireplace and a Double-glazed Window Facing into the Rear Garden. Stairs Leading to the First Floor.
Modern Fitted Kitchen4.45m x 1.80m (147 x 511)
Double Glazing, Radiator, Tiled in Sink Area, Space for washing machine and Fridge Freezer, Laminate Flooring, Sink with Mixer Tap sand White grey units with Grey Tops. All items fitted newly.
Family Bathroom 2.75m x1.80m (9 x511)
Features Laminate Flooring Bath with Shower, Tiled Sink with Mixer Taps, Double Glazing, Radiator WC and Built in Cupboards
First Floor Landing
A staircase rises to the first floor which gives access to the bedrooms. With carpet flooring and neutral decor.
Bedroom One 3.45m x 3.97m (114 x 13)
FeaturesFront Facing Double Glazing, Window, Radiator and Neutral Dcor.
Bedroom Two 3.65m x 3.11m (12x 103)
Features Double Glazing, Radiator, Laminate Flooring and Neutral Dcor.
Bedroom Three 3.77m x 1.80m (124 x 5 11)
Features Double Glazing, Radiator and Carpet.
Rear Garden
Features Courtyard Style Garden.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Leicester Real Estates has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6:Leicester Real Estateshas not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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.
282 Welford Road, LL2 6EG
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