4 bedroom semi detached house on greenway le4 5jw

£320,000 Fixed Price

4

Bedrooms

2

Bathrooms

1

Reception

Ruut Homes are delighted to present this spacious and beautifully extended four-bedroom family home, located in the highly sought-after Greenway area of Leicester, LE4.

This freehold property offers fantastic space throughout, ideal for large families or buyers seeking flexible living arrangements.

The rear extension adds excellent versatility with a second kitchen room and an additional bathroom, perfect for multi-generational living or creating a separate annex space.


Property Features:

- Spacious Bedrooms

- 2 Modern Bathrooms (including newly added ground floor bathroom)

- Large Driveway for Multiple Vehicles

- Extended Kitchen/Second Kitchen Room

- Two Reception Areas

- Private Rear Garden

- Freehold Tenure

- Prime LE4 Location


Location:

- Highly-rated schools such as Rushey Mead Academy and Herrick Primary School

- Excellent shopping facilities including Belgrave Road (Golden Mile) and Tesco Extra

- Easy access to major road links (A46, A6 and M1 motorway)

- Local parks, gyms, and leisure centres

- Well-served by public transport with frequent bus services


Arrange your viewing today!
Dont miss out on this fantastic opportunity contact Ruut Homes now to book your appointment!

Nearest Stations:

1.49 miles
Leicester
3.34 miles
Syston
4.9 miles
South Wigston
5.47 miles
Sileby
6.55 miles
Narborough

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £1,383.89

Total Interest: £178,201.83

Overall Total: £498,201.83

Amortization For Monthly Payment: £1,383.89 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£10,145.79 £6,460.94 £313,539.06 
2026£9,935.98 £6,670.75 £306,868.31 
2027£9,719.35 £6,887.37 £299,980.93 
2028£9,495.70 £7,111.03 £292,869.90 
2029£9,264.78 £7,341.95 £285,527.95 
2030£9,026.36 £7,580.37 £277,947.58 
2031£8,780.20 £7,826.53 £270,121.05 
2032£8,526.04 £8,080.69 £262,040.36 
2033£8,263.63 £8,343.10 £253,697.27 
2034£7,992.70 £8,614.03 £245,083.24 
2035£7,712.97 £8,893.75 £236,189.49 
2036£7,424.16 £9,182.56 £227,006.92 
2037£7,125.97 £9,480.75 £217,526.17 
2038£6,818.10 £9,788.63 £207,737.54 
2039£6,500.23 £10,106.50 £197,631.04 
2040£6,172.03 £10,434.69 £187,196.35 
2041£5,833.18 £10,773.54 £176,422.80 
2042£5,483.33 £11,123.40 £165,299.40 
2043£5,122.11 £11,484.62 £153,814.79 
2044£4,749.17 £11,857.56 £141,957.23 
2045£4,364.11 £12,242.62 £129,714.61 
2046£3,966.55 £12,640.18 £117,074.43 
2047£3,556.08 £13,050.65 £104,023.78 
2048£3,132.28 £13,474.45 £90,549.32 
2049£2,694.71 £13,912.01 £76,637.31 
2050£2,242.94 £14,363.79 £62,273.52 
2051£1,776.50 £14,830.23 £47,443.29 
2052£1,294.91 £15,311.82 £32,131.47 
2053£797.68 £15,809.05 £16,322.42 
2054£284.30 £16,322.42 £0.00 

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

£ 254,200

Mortgage Loan to Value

79%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 17,312

Cumulative Rental Profit

£ 173,122

Cost of Purchase

£ 14,200
  • Stamp Duty
    £ 3,500

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 8,000
  • 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

£ 21,088
  • Mortgage Interest
    £ 11,439

    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)
    £ 5,069
  • Letting Fee
    £ 240
  • Maintenance
    £ 3,840
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 360,168
  • Final Equity Profit
    £ 187,046

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 173,122

    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

£ 521,246

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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