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2 Bed Flat For Sale Malsbury Avenue, Leicester, LE7

£115,000- Flat

Yield: 6.52%
1 of 7
Yield: 6.52%
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  • Rental Guide: £500 - £625
  • 2 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Two Bedrooms
  • Open Kitchen And Reception Area
  • Modern Three Piece Bathroom
  • Ensuite Shower Room
  • Double Glazing
  • Central Heating
  • Viewing Advised
  • Buy And Secure It Now Option Available
Last Updated: 26th March 2020

Description

ATTRACTIVELY PRICED - Two Bedrooms - Open Kitchen and Reception Area - Modern Three Piece Bathroom - Ensuite Shower Room - Double Glazing - Central Heating - Viewing Advised - Buy and Secure It Now Option Available



Introducing this bright and spacious two bedroom first floor apartment, situated in the popular residential area of Scraptoft. The location offers a variety of amenities within walking distance, such as local shops, supermarkets, respected schools and leisure facilities.

The property itself is immaculately presented with neutral decor and has been finished to a high standard throughout. The bright and airy accommodation comprises of an open plan bright and spacious lounge and modern fitted kitchen, two good sized bedrooms, one with ensuite shower room and a separate three piece family bathroom.

Externally the property benefits from a driveway and small communal garden area to front. Viewing comes highly recommended.

Buy and Secure It Now Option Available

Springbok Properties' innovative Premium Fast Sale is a secure and straightforward way to buy this property. Here are the benefits for you:

o Works like a normal sale with a few security measures for both parties
o Focuses on speed
o Realistically priced properties
o Buy and secure it now option available - speak to our advisor today
o Transparent online bidding and simplicity
o First-time buyer and mortgage buyer friendly
o Chain buyers considered
o Mortgage buyers are welcome
o Reduces chances of fall-throughs & drastically reduce timescales for exchange
o Anyone can buy - not just cash-rich investors
o No risk of being gazumped
o Mortgage buyers and cash buyers compete on equal terms
o Focus and motivation on both sides

For Sale by Springbok Properties' using our "Buyer-Friendly" Premium Fast Sale Plus, which puts you in the driving seat thanks to Springbok's fast and secure way of buying.
Our sellers are motivated and willing to price their properties competitively in order to ensure a fast and secure sale.


You can now secure the sale with a reservation deposit of £800, this forms part of the final purchase price. It is NOT an extra cost.


An administration fee of £96 draws up an exclusive legally binding contract between the buyer and seller giving the buyer exclusive rights to purchase within a given timeframe.


Paying the reservation deposit ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you, eliminating gazumping and the helps you avoid losing money and wasting time which most buyers like you may face with the traditional estate agent's approach.


You get a fixed exclusivity period (approximately 4 weeks) in which you can arrange surveys and prepare to exchange contracts, safe in the knowledge that you will not be gazumped by another buyer.


Get the best of both worlds: You get to buy properties with a mortgage which are normally reserved for cash-rich investors and cash buyers and you get the security of an exclusive buying transaction with a much smaller deposit.


STEP 1 - Register your interest

STEP 2 - Sort out your finances

STEP 3 - Arrange a viewing

STEP 4 - Make an offer

STEP 5 - Secure your sale using our buy and secure it now system

STEP 6 - Exchange and completion



Don't miss out on this realistically priced property; call us today for further information and to arrange a viewing.



Please note this is a realistically priced property and is likely going to create a fair amount of buying interest to achieve a faster sale. If you're interested in buying this property, we'd urge you to contact us immediately to avoid losing out.


We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Nearby Stations

  • Leicester Rail Station (3.7 miles away)
  • Syston Rail Station (3.8 miles away)
  • Leicester North (Great Central Railway) (4.2 miles away)

Nearby Schools

  • Scraptoft Valley Primary School (0.6 miles away)
  • Fernvale Primary School (0.6 miles away)
  • Nether Hall School (0.6 miles away)
  • Hamilton Academy (0.6 miles away)
  • Willowbrook Primary Academy (0.8 miles away)
Agent Details
Springbok Properties
4 Universal Square, Devonshire Street North, Manchester, M12 6JH
Show Contact Number
0800 068 4015
Bank of England Base Rate:
0.1%

Forecast Score

Based on our analysis this property has been scored as:
0.0

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.
7

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

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

One&Only Pro 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.
Rental Data
2 bedroom properties in proximity are mostly listed £0 - £625 – 0 recently listed properties were found in that band. However, the highest were £0, £0, £0.

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