Auction

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Auction

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Residential development for sale Coventry Road, Market Harborough, LE16

Guide Price

£250,000

Added on 23/09/2026

For sale by auction

Type: Residential Development
Size: £82 per sq ft
Tenure: Freehold

Key features

For Sale by Public Auction
Wednesday 18th November 2026 at 6pm
Rare freehold town-centre opportunity on a site of approximately 0.198 acres.
Former parish/community hall
Detached building with first-floor storage/attic space
The accommodation extends to approximately 284.6 sq m (3,063 sq ft) in total.
Flexible accommodation with kitchen facilities, accessible WC plus separate male and female toilets
Direct vehicular access from Coventry Road with parking to the rear
Potential for conversion, alternative use or redevelopment, subject to planning and all necessary consents
Ideal for developers, investors, owner occupiers and commercial purchasers

About this property

For Sale by Public Auction. Former parish/community hall. Rare Freehold Town Centre Opportunity with Development Potential.

A rare opportunity to acquire a freehold former parish/community hall occupying a substantial town centre site, benefiting from parking to the rear and offering considerable potential for conversion, alternative use or redevelopment, subject to all necessary planning and other consents.

Council tax

Ask agent

Per year

Band A

£1,593
Band B

£1,859
Band C

£2,124
Band D

£2,390
Band E

£2,921
Band F

£3,452
Band G

£3,983
Band H

£4,780

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Harborough, 2026/27 bills run from £1,593 a year in band A to £4,780 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Harborough, 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.

Price guide

This home (approx.)

£82 / sq ft

Area average (sold)

£329 / sq ft

Price per area, sold homes nearby

£249 / sq ft

£82 / sq ft

£408 / sq ft

Lowest

This home

Highest

About £82 per sq ft, below almost all recent sales in LE16 (£249–£408, 10th–90th percentile, 1,488 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,488 homes sold in LE16 over the last 24 months. This home's figure uses its asking price and a floor area matched from the EPC register, so it is approximate. All sold £/sq ft in LE16 →

Location

Coventry Road, Market Harborough, LE16

Open map Street View

Mortgage and stamp duty

Property price £250,000

£125k £375k

Deposit10% £25,000

£0 £250k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £225,000 mortgage. Most lenders would want a household income of about £50,000 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
87, Coventry Road Terraced	Terraced	Dec 2025	1,033 sq ft £237/sq ft	1,033 sq ft	£237	£245,000
101, Coventry Road Terraced	Terraced	Apr 2024	1,389 sq ft £284/sq ft	1,389 sq ft	£284	£395,000
47, Coventry Road Terraced	Terraced	Feb 2024	947 sq ft £206/sq ft	947 sq ft	£206	£195,500
43, Coventry Road Terraced	Terraced	Sept 2023	635 sq ft £323/sq ft	635 sq ft	£323	£205,000
51, Coventry Road Terraced	Terraced	Jul 2023	872 sq ft £247/sq ft	872 sq ft	£247	£215,000
87, Coventry Road Terraced	Terraced	Jan 2023	1,033 sq ft £232/sq ft	1,033 sq ft	£232	£240,000
79, Coventry Road Semi-detached	Semi-detached	Sept 2021	990 sq ft £327/sq ft	990 sq ft	£327	£323,660
95, Coventry Road Terraced	Terraced	Mar 2021	1,302 sq ft £223/sq ft	1,302 sq ft	£223	£290,000