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4 Coral Street, Leicester, LE4 5BD
£335,000 Offers over
Bedrooms
Bathrooms
Reception
Situated in the popular residential area of Litemede, Leicester, this spacious three bedroom semi-detached freehold property offers an excellent opportunity for families, first-time buyers, or investors alike.
The home boasts a large living room, perfect for relaxing or entertaining, along with a kitchen-diner that provides a practical space for family meals. Upstairs, there are three spacious bedrooms, a modern family bathroom, and a convenient downstairs W/C.
Externally, the property benefits from a generous rear garden, an annex for versatile use, a shed, and driveway parking. The property is offered unfurnished and is being sold as part of a property chain.
Located in a sought-after area, the property is within easy reach of local schools, shops, and transport links, making it ideal for growing families or professionals.
Property Features:
- Property chain
Location & Amenities:
- Frequent bus services (e.g. Route 22) connect directly to Leicester city centre in around 1520 minutes- Local schools, convenience shops and amenities are all within easy reach in North Evington & surrounding areas
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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