Investment Opportunity to purchase this student property with tenants in situ until 30th June 2020. This spacious three bedroom property, with two reception rooms is conveniently located in the prominent area of Clarendon Park with easy access to the local Queens Road bar and shops. The property is fitted with UPVC double glazed and gas central heating throughout. The property is viewed by appointment only through Belvoir *Potential 5.5% Return on capital employed gross (See investor information)
*Investor Information Based on a sale at £250000 and a rental income of £806pcm - 75% loan assuming standard btl loan at 3% (interest only) - Capital used £73250 (including deposit, stamp duty and conveyancing) - Annual pre tax profit of £4047 = 5.5% pre tax income on Capital used [Please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary.]
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Property descriptions and related information displayed on this page are marketing materials provided by Belvoir - Leicester Central. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Belvoir - Leicester Central for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.