Belvoir are delighted to offer for sale this two bedroom, ground floor flat for sale in the sought after area of Blaby. Set back from the road in a cul de sac this quiet and peaceful location is perfect for a young family. The property comprises in brief of spacious kitchen diner, living room and the hallway provides access two double bedrooms and a bathroom. The property benefits from gas central heating and includes a allocated off road parking space.
Annual ground rent is £40.00 per year, which isn’t due a rental review until 01/04/2029.
Service Charge £224 per year.
Lease 119 years
Based on a sale at £150,000 and a rental income of £645pcm
- 75% loan assuming standard BTL loan at 3% (interest only)
- Capital used £43,250 (including deposit, stamp duty and conveyancing)
- Annual pre tax profit of £4365.00 = 10.1% 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: C.
Large and spacious kitchen diner with fitted units, this kitchen diner leads in to the living room.
The living room is entered through the kitchen diner and has UPVC double glazed doors leading in to the outside garden space.
This spacious bedroom is located off the hall way and benefits from fitted wardrobes.
The second bedroom again is a double bedroom which benefits from fitted wardrobes.
The family bathroom is a three piece vanity unit with a shower over the bath.