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For Sale Asfordby Street, Leicester, LE5 Offers above £240,000

3 Bedroom Terraced  For Sale Offers above £240,000

Asfordby Street, Leicester, LE5

Popular LE5 Location

Three Bedroom

Council Tax Band A

Freehold

BM Estates are pleased to offer for sale this three-bedroom terraced property situated in the established and highly convenient LE5 area of Leicester. The property is in need of refurbishment and modernisation throughout, making it particularly well suited to investors, developers or buyers looking for a renovation project with the opportunity to add value.

The ground floor comprises two reception rooms, offering good-sized and flexible living accommodation, along with a kitchen and downstairs bathroom. The existing layout provides a solid basis for refurbishment, with scope for an incoming purchaser to modernise the property to their own specification.

To the first floor are three bedrooms, providing a traditional and practical layout for this style of terraced home. While works are required to bring the property up to a modern standard, the size and configuration of the accommodation offer good potential for either resale or use as a rental investment, subject to the purchaser carrying out the necessary works and obtaining any required consents.

The property is positioned in a well-established residential area within LE5, close to Green Lane Road, Spinney Hill and Evington. The surrounding area benefits from a strong range of everyday amenities, including supermarkets, independent shops, restaurants, takeaways, places of worship and other local services.

There are also a number of primary and secondary schools within the surrounding area, alongside nearby green spaces including Spinney Hill Park. Regular public transport services provide convenient connections towards Leicester City Centre, while Leicester Railway Station and the city's wider shopping, employment and leisure facilities are also readily accessible.

With its three-bedroom layout, two reception rooms and established LE5 location, this property represents an opportunity for investors or developers seeking a project where refurbishment could improve both the accommodation and its future investment potential.

The property requires works and modernisation, and early viewing is recommended for buyers looking to assess the full potential on offer.

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Please note: This is for illustrative purposes only. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

IMPORTANT NOTICE FROM BM ESTATES

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Fees

Please note the charges listed below are the maximum fees that will be applied unless stated otherwise.

Fees/Charges in England from 1st June 2019

Permitted Charges in accordance with the Tenant Fee Act 2019 for an Assured Shorthold Tenancy.

Holding Deposit max one week's rent. First months rent in advance.

Tenancy Deposit 5 or 6 weeks depending upon the rental amount.

Early termination(when requested by the tenant) a charge not exceeding the financial loss experienced by the landlord.

Late Rent interest charged at 3% above the Bank of England base rate when rent is more than 14 days late.

Lost key equivalent to the cost incurred (or security device).

Changing tenancy documents(after the commencement of tenancy) £50 inc VAT

Non-Housing Act tenancy fees not affected by the Tenant Fee Act 2019:

Tenancy Agreement £300 inc VAT. Extension Agreement £125 inc VAT

Company Reference £175 inc VAT. Administration £50 inc VAT

Damage Fee £90 inc VAT. Guarantor Reference per guarantor £100 inc VAT

Deed of Guarantee £75 inc VAT. Check-In (minimum fee) £72 inc VAT

Arrears Fee £30 inc VAT. Overpaid Rent Return £25 inc VAT. Pet Licence £75 inc VAT

BM Estates is a member of and covered by the Money Shield Client Money Protection Scheme. BM Estates is also a member of a redress scheme provided by The Property Ombudsman.

Please note the charges listed below are the maximum fees that will be applied unless stated otherwise.

Fees/Charges in England from 1st June 2019

Permitted Charges in accordance with the Tenant Fee Act 2019 for an Assured Shorthold Tenancy.

Holding Deposit max one week's rent. First months rent in advance.

Tenancy Deposit 5 or 6 weeks depending upon the rental amount.

Early termination(when requested by the tenant) a charge not exceeding the financial loss experienced by the landlord.

Late Rent interest charged at 3% above the Bank of England base rate when rent is more than 14 days late.

Lost key equivalent to the cost incurred (or security device).

Changing tenancy documents(after the commencement of tenancy) £50 inc VAT

Non-Housing Act tenancy fees not affected by the Tenant Fee Act 2019:

Tenancy Agreement £300 inc VAT. Extension Agreement £125 inc VAT

Company Reference £175 inc VAT. Administration £50 inc VAT

Damage Fee £90 inc VAT. Guarantor Reference per guarantor £100 inc VAT

Deed of Guarantee £75 inc VAT. Check-In (minimum fee) £72 inc VAT

Arrears Fee £30 inc VAT. Overpaid Rent Return £25 inc VAT. Pet Licence £75 inc VAT

BM Estates is a member of and covered by the Money Shield Client Money Protection Scheme. BM Estates is also a member of a redress scheme provided by The Property Ombudsman.

Letting Fee Information

The asking rent does not include letting fees. Our standard administration fee (which covers general administration and preparation of paperwork) is £xxx (£xxx+VAT). A security deposit, usually equivalent to six weeks rent, is also payable.

Depending on your circumstances and the property you select, one or more of the following may also be charged to you upfront;

Fees may be charged on a per person or per property basis, please call us on 0116 273 1414