3 bedroom semi detached on humberstone lane - leicester le4

£310,000 OIRO

3

Bedrooms

1

Bathrooms

1

Reception

Ruut Homes presents this 3-bedroom semi-detached house located on the popular Humberstone Lane in Leicesters vibrant LE4 postcode with HUGE extension scope.

Step into a welcoming white-tiled entrance hallway leading into a bright and spacious living room. The modern kitchen and diner provide the perfect social hub of the home with plenty of space for cooking and dining. Upstairs, youll find two generously sized double bedrooms, and a third bedroom (great for a nursery, home office or guest room), and a stylish family bathroom. To the rear, a large private garden offers ample outdoor space ideal for relaxing, gardening, or hosting family BBQs.

This home is ready for its next chapter whether youre upsizing, a first-time buyer, or looking for a great rental investment.


Key Features:


- Spacious semi-detached home in a sought-after LE4 location

- 2 large double bedrooms + third bedroom (ideal for office/nursery/study/guest room)

- Modern kitchen with open plan diner

- Bright family bathroom

- Generous rear garden perfect for summer entertainment with HUGE extension possibilites

- Ample driveway parking for at least 2 cars

- Ideal for families or first-time buyers


Location:


- Walking distance to primary and secondary schools

- Easy access to local shops, supermarkets (Tesco, Aldi, Asda)

- Excellent transport links quick access to Leicester city centre, A46 & A6

- Close to Humberstone Park, Rushey Fields & local green spaces

- Nearby GP surgeries, pharmacies & healthcare services

- Local takeaways, cafs and restaurants within a short drive


Offers in the Region of: 310,000


Dont miss out on this fantastic opportunity to own a lovely home in a well-connected, family-friendly area. Contact Ruut Homes today to arrange a viewing!

Nearest Stations:

1.98 miles
Syston
2.81 miles
Leicester
4.62 miles
Sileby
6.07 miles
South Wigston
6.21 miles
Barrow-Upon-Soar

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

£ 258450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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Annual Rental Profit

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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
    £ 7750
  • 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

£ 25950
  • 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.

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