2 Bed Terraced House For Sale Knighton Fields Road West, Leicester, LE2

£170,000- Terraced

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 16th May 2024

Description

Superbly situated within the sought after city suburb of Aylestone on Knighton Fields Road West, being well served for Leicester University, local schooling, Leicester City Centre & the fashionable Queens Road shopping parade with its array of specialist boutiques, bars & bistros. This bay fronted mid terraced property comprises of two reception rooms, fitted kitchen. First floor landing, two double bedrooms, bathroom and separate W.C. Outside is an enclosed paved garden. The property benefits from having No Upward Sales Chain!

In our opinion this property would make an ideal first time buy or investment opportunity with a tenant currently in situ, the landlord currently achieves a rental income of £475pcm with the potential to achieve up to £850pcm if the property was refurbished.

Location - Aylestone lies approximately 3 miles south west of the city centre and has a range of local shops including post office on Aylestone Road, nearby schools, sporting and recreational facilities and bus services. The nearby ring road provides access to Junction 21 of the M1 which intersects with the M69, and Leicester has rail services in all directions including London St Pancras. More comprehensive shopping and supermarket facilities are available at nearby Fosse Park Shopping Centre together with the easy accessible city centre.

Viewings - All viewings should be arranged through Andrew Granger & Co.

Accomodation In Detail -

Ground Floor -

Lounge - 3.625 x 3.385 - Upvc double glazed entrance door, Upvc double glazed bay window to front aspect, radiator, two built-in cupboards housing gas & electric meters, picture rail, coving to ceiling and a ceiling rose. Door through to dining room.

Dining Room - 3.66m x 3.40m (12'0\" x 11'2\") - Upvc double glazed window to rear aspect, radiator, useful under-stairs storage cupboard. Door to staircase rising to first floor landing, door to fitted kitchen.

Kitchen - 2.72m x 1.78m (8'11\" x 5'10\") - Fitted with a range of wall and base level units with work surface over and breakfast bar. Stainless steel sink & drainer with mixer tap and tiled splashback.
Space for fridge/freezer, cooker and plumbing for washing machine. Upvc double glazed window to side and Upvc double glazed door leading out to rear garden.

First Floor -

Landing - Doors to bedrooms, family bathroom and downstairs w.c,, radiator.

Bedroom One - 3.81m x 3.66m (12'6\" x 12'0\") - Upvc double glazed window to front aspect, radiator.

Bedroom Two - 3.626 x 2.938 - Upvc double glazed window to rear aspect, radiator, over stairs storage cupboard with loft hatch.

Bathroom - 2.74m x 2.24m (9'0\" x 7'4\") - Fitted three piece suite comprising of bath with shower over, wash hand basin and low flush W.C. Upvc double glazed window to rear aspect, tiled walls and tiled flooring.

W/C - Fitted with a low flush W.C

Outside - Small brick walled garden to front aspect. Gated side entry leading to enclosed paved rear garden. Neighbouring property has a right of way to enable access to their garden.

Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/photo driving licence and a recent utility bill (not more than three months old). We will need this information before Solicitors are instructed.

Appraisals & Surveys - If you have a house to sell then we offer a free valuation, without obligation.

Andrew Granger & Co undertake all types of Valuations including R.I.C.S. Homebuyer Survey and Valuation Reports, Valuations for probate, capital gains and inheritance tax purposes and Insurance Valuations. For further information contact our Surveying Department on .

Energy Performance Rating - D -

Council Tax Band - - Tenure & Council Tax - We understand the property to be freehold with vacant possession upon completion. Leicester City Council - Tax Band A. Please be advised that when a property is sold, local authorities reserve the right to re-calculate the council tax band.

Stamp Duty From 23rd September 2022 - Normal Rate
Up to £250,000 - 0%
£250,001 to £925,000 - 5%
£925,001 to £1.5 million – 10%
Over £1.5 million – 12%

First Time Buyers
UP to £425,000 – 0%
£425,001 to £625,000 – 5%
Homes above £625,000 - Normal rates apply

You usually pay 3% on top of these rates if you own another residential property. It is recommended buyers check Stamp Duty rates for their particular situation on the government website:
Agent Details
Andrew Granger
Stoughton Grange Gartree Road, Oadby, Leicester, LE2 2FB

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£220,000
Leicester, LE2
End Of Terrace
9.9
£189,995
Leicester, LE2
Semi Detached
9.3
£125,000
Leicester, LE2
Flat
8.7
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested