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3 Bed Terraced House For Sale Neston Road, Leicester, LE2

£170,000- Terraced

Yield: 6.52%
1 of 12
Yield: 6.52%
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  • Rental Guide: £735 - £925
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Virtual Viewing Available.
  • No Chain
  • Three Bedrooms
  • Two Reception Rooms
  • Off Road Parking
  • Low Maintenance Rear Garden
Last Updated: 30th May 2020

Description


SUMMARY
Virtual viewing available.

Offered for sale with no upward chain, this three bedroom end town house has been well maintained by the current owners and would make a perfect first time buy or investment opportunity. The property also benefits from off road parking and a low maintenance rear garden.


DESCRIPTION
Offered for sale with no upward chain, this end town house has been well maintained by the current owners and would make a perfect first time buy or investment opportunity. The accommodating comprises: entrance hall, cloakroom, lounge, dining room, kitchen, three bedrooms and a bathroom. Outside there is off road parking and a low maintenance rear garden.

Entrance Hall 
With understairs cupboard, radiator and cloaks cupboard.

Cloakroom 
Wash hand basin, w.c., tiling to splash areas and double glazed window to the front.

Lounge 14' x 10' ( 4.27m x 3.05m )
Double glazed window to the front, radiator, telephone point and t.v. point.

Dining Room 10' max x 9' ( 3.05m max x 2.74m )
Double glazed French doors leading out to the garden and radiator.

Kitchen 9' x 8' ( 2.74m x 2.44m )
Fitted with wall and base units, stainless steel sink and drainer, work surfaces, electric oven and gas hob with stainless steel cooker hood, plumbing for washing machine, space for fridge/freezer, central heating boiler, tiled floor, double glazed window to the rear and door to the dining room.

First Floor Landing 
With doors off to bedrooms and bathroom.

Bedroom One 12' max x 10' ( 3.66m max x 3.05m )
Double glazed window to the rear, fitted wardrobes with mirrored sliding doors and radiator.

Bedroom Two 11' x 10' ( 3.35m x 3.05m )
Two double glazed windows to the front, radiator and spotlights.

Bedroom Three 9' 1" max x 8' ( 2.77m max x 2.44m )
Double glazed window to the rear and radiator.

Bathroom 
Corner bath with mixer tap, wash hand basin, w.c., two extractor fans, radiator and double glazed window to the front.

Outside 
To the front of the property is off road parking and a fenced surround. To the rear is a low maintenance garden, mainly paved with fenced surround and a metal gate to the rear.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Agent Details
Connells Sales
22-24, Halford Street, Leicester, LE1 1JB
Show Contact Number
0116 262 0022

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Partially Classified
6.0

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.
0

Profitability

Good rental demand alongside mortgage availability and low interest rates forecast this property to increase in value.
2

Interest Rates

Bank of England Base Rate:
0.1%
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.
5

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
9.7

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
6

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.

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
3 Bedroom properties in “LE2” are mostly listed between £735 - £925. 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