5 bedroom terraced house for sale

Welford Road, Knighton Fields, Leicester, LE2

£289,000

Property Description

Key features

  • 5 Bedroom
  • Student Property
  • Freehold
  • Fully Furnished
  • *Potential 12.1% Return on capital employed gross

Full description

Investment opportunity to purchase this substantial 5 bedroom student end terrace property on Welford Road, located within the Clarendon Park Area. The property has tenants in Situ until 30 June 2019, generating an income of £16,896pa. The property has 5 double bedrooms, 2 bathrooms, a separate kitchen, lounge area and rear garden.


The property complies with Article 4. (allowing the property to be let to individual non-related occupancies) and is conveniently located for Leicester University students.
*Potential 12.1% Return on capital employed gross (See investor information)


*Investor Information
Based on a sale at £289,000 and a rental income of £1408pcm

- 75% loan assuming standard BTL loan at 3% (interest only) 
- Capital used £86,120 (including deposit, stamp duty and conveyancing) 
- Annual pre tax profit of £10,393.50 = 12.1% 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: E.


Entrance Hallway 
The property is entered into entrance hall with grey carpet, providing access through to the kitchen and the downstairs bedrooms.

Kitchen 
A modern fully fitted white kitchen with square tiled flooring.

Lounge 
Relax in the lounge located at the back of the property with access through to the garden.

Downstairs Shower Room 
Located next to the stairs is a bathroom comprising of a low level WC, sink and shower cubicle.

Bedroom One 
Overlooking the front of the property is the first bedroom with pine effect laminate flooring.

Bedroom Two 
The second bedroom is also a double room on the ground floor, next to the kitchen, it is carpeted and also has a wash basin.

Bedroom Three 
Located on the first floor, the third bedroom is a double bedroom, carpeted with a wash basin.

Bedroom Four 
The fourth bedroom is a double room overlooking the rear garden

Bedroom Five 
A cosy fifth double bedroom also carpeted

Upstairs Shower Room 
A second shower is located upstairs, comprising of shower cubicle and WC.

Toilet 
Separate WC with toilet and sink

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
01 February 2019

Nearest stations

  • Leicester (1.2 mi)
  • South Wigston (2.3 mi)
  • Narborough (4.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Belvoir, Leicester Central

105 Queens Road, Leicester, LE2 1TT

0116 452 0041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Belvoir, Leicester Central

105 Queens Road, Leicester, LE2 1TT

0116 452 0041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Leicester (1.2 mi)
  • South Wigston (2.3 mi)
  • Narborough (4.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Belvoir, Leicester Central

105 Queens Road, Leicester, LE2 1TT

0116 452 0041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference P21. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir, Leicester Central . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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