Commercial property for sale Hinckley Road, Leicester, LE3

Guide Price

£240,000

Added on 11/10/2026

For sale by auction

Type: Commercial property
Tenure: Ask agent

Key features

Substantial vacant freehold property
Approximately 256.4 sq m / 2,759 sq ft
Originally constructed as a residential dwelling
Previously used for educational and office purposes
Flexible accommodation arranged over four levels
Multiple offices, training rooms, kitchens and WC facilities
Potential for office, training or community use, subject to planning where required
Residential conversion/development potential, subject to planning
Prominent Hinckley Road position with secondary access from Norfolk Street
Approximately one mile from Leicester city centre

About this property

For Sale Via Chris Young - Keller Williams Estate agents, Online Auction powered by Bamboo Auctions. The auction will be exclusively available online via our website including the legal pack information. The registration process is extremely simple and free.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,686
Band B

£1,967
Band C

£2,248
Band D

£2,529
Band E

£3,091
Band F

£3,653
Band G

£4,215
Band H

£5,058

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Leicester, 2026/27 bills run from £1,686 a year in band A to £5,058 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Leicester, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Hinckley Road, Leicester, LE3

Open map Street View

Mortgage and stamp duty

Property price £240,000

£120k £360k

Deposit10% £24,000

£0 £240k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £216,000 mortgage. Most lenders would want a household income of about £48,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
75, Hinckley Road Terraced	Terraced	Apr 2007	624 sq ft £256/sq ft	624 sq ft	£256	£160,000
75, Hinckley Road Terraced	Terraced	Feb 2006	624 sq ft £232/sq ft	624 sq ft	£232	£145,000
79, Hinckley Road Terraced	Terraced	Jan 2006	n/a	n/a	n/a	£150,000
79, Hinckley Road Terraced	Terraced	Aug 2002	n/a	n/a	n/a	£90,000
103, Hinckley Road Terraced	Terraced	Nov 2000	n/a	n/a	n/a	£60,000
103a, Hinckley Road Terraced	Terraced	Nov 2000	n/a	n/a	n/a	£60,000