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4 Coral Street, Leicester, LE4 5BD
£340,000 Offers over
Bedrooms
Bathrooms
Reception
Ruut Homes presents athree-bedroom semi-detached homein a sought after area on Leveric Road. On the ground floor, the property offers 2 spacious and welcoming receptionrooms,a beautifulkitchen with ample storage and a utility room.
Upstairs, you will find three well-proportioned bedrooms;which includes a master bedroom, a double room and a box room with a wardrobe as well as a family bathroom.
Externally, the home benefits from a front garden area, as well as a spacious private rear garden with lawn which isideal for children, entertaining, or relaxing outdoors,giving tenants both comfort and flexibility.
Property Features:
- Bedrooms: 3 (two doubles, one single with a wardobe)-Reception rooms: Living room & dining room
- Bathroom: 1 modern family bathroom
- Kitchen: Fitted with storage space
- Garden: Front garden + private rear garden with lawn
Location & Amenities:
- Schools: Close to several well-rated primary and secondary schools
- Shops & Services: Easy access to supermarkets, local shops, healthcare services, and eateries
- Transport Links: Regular bus routes to Leicester city centre, with quick connections to the A47 and A563 ring road
- Leisure: Within reach of local parks, sports facilities, and community spaces
Interested? 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.
4 Coral Street, Leicester, LE4 5BD
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