Property Listings (Leicester)
4-Bedroom Semi-Detached House in the Peaceful Suburb of Evington, Leicester / £475,000
This house has a stunning garden, off-road parking space, reception rooms, and an en-suite master bedroom. This combination makes this property truly competitive!
Key Features
- Large kitchen/diner ( 6.10m x 4.90m )
- Walk-in pantry
- Two reception rooms
- Modern family room ( 6.48m x 3.25m )
- En-suite master bedroom
- Rear garden
- Off-road parking
- Lounge (4.27m max x 4.06m max)
This spacious, four-bedroom house is the ideal family home! It is located in the highly sought-after suburb in Evington. This modern house in a suburban location is perfect for families looking to settle down. It’s also a short walk to the main bus stops and shops.
This property is located in Englefield Road, Evington, Leicester LE5. It’s just 0.4 miles away from St. Paul’s Catholic School and only 0.3 miles The City of Leicester College away, you can find it here:
Mortgage Breakdown
Price = £475,000
10% Deposit = £47,500
Repayment Term = 25 years
Interest Rate = 2%
Monthly Mortgage Payment = £1,811
Contact our property management professionals to start the process of obtaining this property. We’ll advise you on the repayment plans you should use, and the deposit amount you should aim for to get lower interest rates. For more information, Call Kanti Walden.
FAQs
What information is necessary for you to know about Leicester's investment property?
Property investment is an investment strategy where investors purchase properties to profit from them. Rent from renters and earnings from selling the property once its value has improved are just two of the many ways you can generate money from real estate.
Is Leicester's investment property a smart idea?
Yes, it is. In certain regions of the United Kingdom, rental yield can reach as high as 8% in cities like Liverpool, Glasgow, and Leicester, while in other areas, it is typically around 3%.
At the same time, you could generate capital growth as your money grows and your property value increases.
What does the 1% investment property rule mean?
The 1% rule of real estate investing compares the purchase price of the investment property to the expected gross income. A potential investment must have a monthly rent of 1% of the purchase price or more to pass the 1% criterion.
