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4 Bed Terraced House For Sale Gorse Lane, Leicester, LE2

£279,950- Terraced

Yield: 5.57%
1 of 14
Yield: 5.57%
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  • Rental Guide: £1,040 - £1,300
  • 4 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Immaculately Presented Throughout
  • Four Good Sized Bedrooms
  • Transformed For Modern Living
  • Large Living Room With Log Burner
  • Stylish Kitchen With Appliances
  • Contemporary Bathroom Suite
  • Large Conservatory
  • Pleasant Rear Garden
  • Highly Sought After Oadby Location
  • Available With Limited Chain
Last Updated: 4th March 2020

Description

Property
This property has been elegantly transformed over time to create an ideal space for families, marrying contemporary features within rooms decorated with a modern colour palette.

An entrance porch gives access into the stunning living room with a feature log burner boasting a solid timber mantel over and black floor tiling. Continuing through via sliding doors into the modern conservatory with timber flooring and complimenting light grey metro style part wall tiling and with windows to all sides overlooking the garden. The other side of the living room provides access into the kitchen which has been fitted with a range of cream shaker style wall and base units with a timber effect worksurface encompassing a ceramic one and a half sink with drainer unit and chef\'s tap over and integrated dishwasher along with a stylish range style cooker incorporating a double oven and large gas hob. A separate utility room offers further units incorporating an additional sink with space for appliances.

The upper floor boasts four good sized bedrooms with the master featuring stripped timber flooring. A contemporary bathroom suite with fully tiled walls and flooring features an oversized walk in shower with both rainhead and handheld attachments, a large freestanding bath with wall mounted central taps, and a wash hand basin set in complimenting white gloss storage unit. A wall separates the bathroom from the WC. 

Outside
To the front of the property, a generous part block paved part chippings driveway provides car standing for multiple cars and leads to the garage.

The rear garden has been landscaped to provide a decking area for outdoor furniture with railings surrounding, with shallow steps leading down to the lawn. A slabbed pathway on the lawn leads down to the rear of the garden while established hedging, mature trees, and decorative timber fencing provide privacy and define the property\'s boundaries.
 

Location
The property is situated on the outskirts of the highly sought after southern suburb of Oadby, with surrounding rolling countryside while lying just three miles from Leicester City Centre. Oadby itself boasts excellent local shopping and supermarkets, bars and eateries, renowned schooling for all ages and a range of recreational facilities.

This family home offers excellent access routes into Leicester City Centre, the universities, and hospital via London Road (A6) and Fosse Shopping Park, M1 and M69 motorways to the west via the ring road (A563) while Leicester enjoys a fast and regular rail service to London St Pancras.  

Viewings and Directions
Strictly by appointment only through the sole agents Oliver Rayns.

Postcode for Sat Nav: LE2 4RQ 

Nearby Stations

  • South Wigston Rail Station (3.2 miles away)
  • Leicester Rail Station (4.2 miles away)

Nearby Schools

  • Woodland Grange Primary School (0.3 miles away)
  • Beauchamp College (0.6 miles away)
  • Gartree High School (0.7 miles away)
  • Brocks Hill Primary School (0.9 miles away)
  • Leicester Grammar School Trust (1 miles away)
Agent Details
Oliver Rayns
115, Clarendon Park Road, Leicester, LE2 3AH
Show Contact Number
0116 296 0940
Bank of England Base Rate:
0.1%

Forecast Score

Based on our analysis this property has been scored as:
5.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
Data Strength:
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
5

Interest Rates

Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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Rental Data
4 Bedroom properties in “LE2” are mostly listed between £1,040 - £1,300. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested