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4 Coral Street, Leicester, LE4 5BD
£350,000 OIRO
Bedrooms
Bathrooms
Reception
Externally, the house welcomes you with private parking space via a driveway as well as additional private parking in the garage.
Internally, you are welcomed with aspacious living roomfeaturing soft carpeting. Thekitchenis generous in size with ample storage which is ideal for appliances, cookware, and more.
Upstairs, the property offerstwo double bedroomsand asingle bedroom, providing flexible accommodation. Themodern family bathroomcomes with a fitted bathtub as well as a shower and a toilet.
The rear of the property provides you with a large private garden featuring a concrete pavement and grass area offering a balance, making it ideal for kids and pets.
Property Features:
- Freeholdsemi-detached house.
- 3 generously sized bedroom: 2 doubles and 1 Single.
- Spacious living room with carpeting.
- Large kitchen with ample storage.
- Modern bathroom with bathtub and fitted shower.
- Private rear garden (grass with concrete pavement).
- Garage and driveway.
- No chain.
Location & Amenities:
- Schools: Excellent access to respected secondary schoolsincluding Rushey Mead Academy, Soar Valley College, and nearby primary schools.
- Nearby convenient stores alongMelton Road and nearby Gipsy Lane.
- Nearby Leisure: Watermead Country Park ideal for walks, cycling and family outings
- Library: Rushey Mead Libraryis within close proximity.
- Transport: Regularbus routes into Leicester City Centre and easy access to A563 & A607.
Interested? Contact Ruut Homes today to arrange a viewing for this lovely home.
Map location is not available for this property.
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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