Four bedroom detached house on pine close

£425,000 Offers over

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Located in a quiet residential cul-de-sac, this attractive four bedroom detached family home on Pine Close, Lutterworthoffers generous and versatile living space throughout and is ideal for modern family life.

The ground floor features a spacious living room, providing an excellent space for relaxing or entertaining, along with a separate dining room perfect for family meals or hosting guests. The kitchen offers ample worktop and storage space, while a convenient downstairs W/C completes the ground floor accommodation.

To the first floor are four well proportioned bedrooms, including a primarybedroom with its own en-suite bathroom and dedicated dressing area. A modern family bathroom serves the remaining bedrooms.

Externally, the property benefits from a large, well maintained green grass garden, ideal for outdoor enjoyment.

To the front, there is a spacious driveway providing ample off road parking, along with a double garage.

Offered freehold, this property presents an excellent opportunity for buyers seeking space, comfort, and a desirable residential location.

Property Features:

- Four bedroom detached family home
- Freehold
- Spacious living room
- Separate dining room
- Kitchen with ample storage and workspace
- Downstairs W/C
- Primary bedroom with en-suite bathroom and dressing area
- Three additional spacious bedrooms
- Family bathroom
- Large green grass rear garden
- Double garage
- Generous driveway parking

- Quiet cul-de-sac location

Location & Amenities

- Lutterworth town centre with a variety of shops, cafs, restaurants, and supermarkets

- Well-regarded primary and secondary schools

- Local parks, green spaces, and leisure facilities

- Medical services including GP surgeries and pharmacies

- Excellent road links via the A5 and M1, providing easy access to Leicester, Rugby, and surrounding areas


Interested? Contact Ruut Homes today to arrange a viewing.

Nearest Stations:

5.83 miles
Rugby
7.67 miles
Narborough
8.42 miles
Hinckley
9.06 miles
South Wigston
10.76 miles
Bedworth

Map location is not available for this property.

Mortgage Calculator

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 )

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

£ 353325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 10625
  • 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

£ 34575
  • Mortgage Interest
    £

    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)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    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

£

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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