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4 Coral Street, Leicester, LE4 5BD
£93,000 OIRO
Bedrooms
Bathrooms
Reception
Ruut Homes are delighted to present this modern two-bedroom apartment located in Leicester City Centre, just off Navigation Street.
Step into this beautifully presented two-bedroom apartment, perfectly positioned in the heart of Leicesters vibrant city centre. Whether youre a first-time buyer, downsizer, or investor, this property offers the ideal combination of style, space, and location. The open-plan living area boasts a sleek, contemporary kitchen with integrated appliances, blending seamlessly into a spacious lounge area perfect for entertaining or winding down after a long day. Both bedrooms are generously sized, filled with natural light, and offer flexible layouts for sleeping, working, or studying. A modern bathroom suite completes the home, featuring stylish fittings and a clean, fresh design. Located just moments from Highcross Shopping Centre, Curve Theatre, and Leicester Railway Station, youll have everything you need right on your doorstep.
Key Features:
- Spacious Two Bedrooms Well-sized and bright, ideal for comfortable living
- Open-Plan Kitchen & Lounge Modern fitted kitchen with ample space for relaxation
- Contemporary Bathroom Stylish and well-maintained
- Fantastic Location A stones throw from Leicester City Centre
- Excellent Transport Links Close to the ring road, with easy access to bus routes
Location:
- Highcross Shopping Centre A premier retail destination with top brands, restaurants, and entertainment.
- Leicester Railway Station Providing excellent transport links to London, Birmingham, and beyond.
- De Montfort University & University of Leicester Ideal for students or academic professionals.
- Leicester Royal Infirmary A major hospital offering comprehensive healthcare services.
- The Curve Theatre & Cultural Quarter A hub for arts, theatre, and entertainment.
Offers over: 93,000 | Service Charge: 779.30 per Quarter or 3170.20 per Annum
Ground Rent: 150 per Annum | 134 years remaining on lease | Parking: 50 per month
Dont miss the opportunity to own a contemporary apartment in one of Leicesters most desirable postcodes. Contact Ruut Homes today to arrange a viewing!
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.
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