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282 Welford Road, LL2 6EG
£300,000 Offers in excess of
Bedrooms
Bathrooms
Reception
Don't miss the chance to transform this residence into your ideal home. Situated in a highly sought after modern development, Leicester Real Estates are proud to present this spacious five-bedroom, house spread over three floors with allocated parking.
Internally the accommodation is a blank canvas.The ground floor comprises of an entrance hallway, large lounge, downstairs WC, fitted kitchen and conservatory.The first floor has two bedrooms, one of which has an en-suite and a family bathroom.The second floor offers three more spacious bedrooms and another bathroom.
To the rear of the house a private garden completes the property.
Property Description
Entrance Hall
Door to the front, stairs to the first floor and radiator.
WC- 2.06m x1.17m (69 x 310)- The downstairs WC includes a WC, a wash hand basin with splashback tiles, a radiator, laminate flooring, and an extractor fan
Living Room- 5.46m x 3.41m (1711 x 112)- Spacious reception room located at the front of the property consisting of carpeted flooring, leading to a conservatory.
Conservatory- 3.28 x 4.51m (109 x 1410)- extended from the original build at the rear of the property accessed via the living room consisting of hardwood flooring, double-glazing throughout and double door rear garden access.
Kitchen- 2.33m x 3.39m (7.8 x 111)- Fitted kitchen comprising of wall and base units with work surfaces over, sink drainer unit, combi boiler, radiator, integrated oven, hob and cooker hood and space for further appliances. Window to the front of the property.
First Floor Landing
Giving access to bedroom one with an ensuite, bedroom two and a family bathroom, with carpet flooring, and a further staircase rising the second floor.
First Floor
Bedroom one- 1.63m x 3.56m (54 x 118)-master bedroom located at the front of the property consisting of carpeted flooring leading to a En-Suite, shower cubicle, WC, hand wash basin and radiator.
Bedroom two- 2.31m x 2.90m (77 x 96)- double bedroom located at the rear of the property consisting of carpeted flooring, wall mounted radiator and double glazed windows.
Bathroom- 2.47m x 1.70m (81 x 57)
Second Floor
Giving access to bedroom three, four and five.
Bedroom Three- 2.91 x 3.61m (97 x 1110)- double bedroom located at the rear of the property consisting of carpeted flooring.
Bedroom Four- 2.46m x 3.61m (81 x 1110)- Carpeted bedroom features a radiator, and double-glazed window
Bedroom Five- 2.28m x 2.91 (76 x 97) fifth double room offering a double glazed window to the front elevation, carpet flooring and a central heating radiator.
Bathroom 2.57m x 1.69m (85 x 57)- the family bathroom features a WC, a wash hand basin with a mixer tap, a bathtub with a mixer tap, lino flooring, partly tiled walls, a radiator, and double-glazed window.
Parking
A block paved driveway.
Front and Back of Property
To rear of the property are easy to maintain gardens.
The property is Freehold with an EPC rating of C. It is connected to mains gas, electricity, water, and drainage, and has access to Ultrafast Full Fibre Broadband upon subscription.
Perfectly situated, this residence is in proximity to schools, ensuring educational convenience, and offers easy access to the bustling City Centre and key transportation links.
Disclaimer
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 Estates has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
7. Any personal data provided with be processed in relation to the Data Protection rules. For more information enquire in-house.
All sales are subject to Leicester Real Estates Buyers Terms.
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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