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Property Listing Details

Property details

  • 3 bedrooms
  • 1 bathroom
  • 2 reception rooms

Features

  • Freehold
  • Central heating
  • Terrace

Listing view statistics

Last 30 days: 94 page views

Since listed: 1404 page views

Description

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.

EPC rating: D.

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Leicester 1 miles
  • South Wigston 2.5 miles
  • Avenue Primary School 0.2 miles
  • St John the Baptist CofE Primary School 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Leicester 1 miles
  • South Wigston 2.5 miles
  • Avenue Primary School 0.2 miles
  • St John the Baptist CofE Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a house in LE2:

  • £181,929
  • Price increase

  • £14,696
  • (8.788%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £175,300
  • Properties sold

    255

Rental opportunities

Looking for an investment? The average rent for a 3 bedroom house in LE2 is currently:

£871 pcm

Recent sales nearby

See all recent sales in LE2
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
27th Jun 2019 £250,000 First listed
28th May 1999 £54,000 Last sold

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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.