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For Sale - Melbourne Road, Leicester, LE2 £320,000

5 Bedroom Terraced  For Sale £320,000

Melbourne Road, Leicester, LE2

LARGE PROPERTY

HIGH DEMAND AREA

FIVE BEDROOMS

GREAT INVESTMENT OPPORTUNITY

IDEAL HMO CONVERSION

UPVC AND FGCH THROUGHOUT

A stunning and deceptively large 5 bedroom family home, located in the highly popular area of Highfields which is close to schools, shops and places of worship. This spacious property, in brief, benefits from 2 good sized reception rooms, dining room which could also be used as an additional reception room, a fully fitted kitchen with breakfast bar and ample storage units, shower room and a very large under stairs pantry all on the ground floor. On the first floor, a partly tiled family bathroom with shower over bath, 5 double bedrooms and a single bedroom. The property itself is very large throughout with space to potentially convert into HMO flats with the rental demand in the area so high the flats will ineffectively be occupied all the time throughout the year. The property has been decorated to a good standard throughout, further benefiting from gas central heating and double glazing. To the rear of the property there is a well maintained paved garden. Early viewing highly recommended in this very highly sought after area.

Purchasing Procedure - If you are interested in any of our properties then you should contact our offices at the earliest opportunity. We offer Independent Financial Advice and as part of our service we will ask our Mortgage Adviser to contact all potential purchasers and establish how they intend to fund their purchase.

If you are a cash purchaser then we will need confirmation of the availability of your funds.

Your home is at risk if you do not keep up re-payments on a mortgage or other loan secured on it.

Appraisals - If you have a house to sell then we offer a Free Valuation, without obligation.

Surveys - BM Estates 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 0116 273 7748

Agents Notice -

1. Prospective purchasers / tenants should note that no statement in these details is to be relied upon as representation of fact and prospective purchasers / tenants should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained. These particulars do not form part of any contract. 2. Please note that no appliances, services or installations have been tested and no guarantee as to condition or suitability is confirmed or implied. Prospective purchasers / tenants are advised to obtain verification from their surveyor or solicitor. 3. All measurements mentioned within these particulars are approximate. No person in the employment of BM Estates has any authority to neither make or give any representation or warranty whatsoever in relation to this property or these particulars nor enter into any contract relating to the property on behalf of the vendors / lessors.

Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2018 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.

Front
  
  
Entrance Hall
 Access to lounge, sitting room, dining room, kitchen, pantry and stairs to first floor.

  
Lounge
 4.42m x 3.41m (14'6" x 11'2")
uPVC window to front elevation, radiator and gas fire feature.

  
Sitting Room
 4.12m x 3.27m (13'6" x 10'9")
uPVC window to rear elevation, radiator and laminate floor.

  
Dining Room
 4.43m x 2.81m (14'6" x 9'3")
uPVC window to side elevation, radiator and laminate flooring.

  
Kitchen
 2.80m x 2.12m (9'2" x 6'11")
uPVC window to rear elevation, fully fitted kitchen.

  
Shower Room
 uPVC window to side elevation and radiator.

  
Landing
 Access to all bedrooms, radiator, and loft access.

  
Bedroom One
 5.02m x 3.67m (16'6" x 12'0")
uPVC window to front elevation and radiator.

  
Bedroom Two
 3.82m x 4.14m (12'6" x 13'7")
uPVC window to rear elevation, radiator.

  
Bedroom Three
 4.47m x 2.81m (14'8" x 9'3")
uPVC window to side elevation and rear elevation and radiator.

  
Bedroom Four
 4.57m x 2.94m (14'12" x 9'8")
uPVC window to rear elevation and radiator

  
Bedroom Five
 4.66m x 3.70m (15'3" x 12'2")
uPVC window to front elevation and radiator

  
Family Bathroom
 Full three piece suite, uPVC window to side elevation and radiator.

  
Garden
  
  

Location

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Mortgage Calculator

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Stamp Duty Calculation

See full breakdown

Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k (Percentage rate 0%)

Above £125k and up to £250k (Percentage rate 2%)

Above £250k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £300k(Percentage rate 0%)

Above £300k and up to £500k(Percentage rate 0%)

*This is for illustrative purposes only

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.

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