1/14

2 bed flat for sale The Bank, Countesthorpe, LE8

Asking price

£40,000

Added on 30/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £50 per sq ft
Tenure: Leasehold

Highlights

From the agent's description

Chain free
Allocated parking
Balcony

About this property

cash buyers only This well presented two bedroom flat is situated above a small parade of shops within the sought after village of Countesthorpe. Offered with no upward chain the flat is a blank canvass ready for a new owner to make their mark. The home is well placed for Countesthorpe's shops, eateries and public house. There is also a Co-op and convenience store that is within walking distance. The larger centres of Wigston Magna, Blaby and South Wigston are also only a short drive away where are more extensive range of supermarkets and amenities can be found.

The flat would make an ideal first purchase for those on more limited budgets and with yields of 7-9% based on a rental income of between £500-£600 per calendar month it is an attractive proposition for landlords.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,605
Band B

£1,872
Band C

£2,139
Band D

£2,407
Band E

£2,942
Band F

£3,477
Band G

£4,011
Band H

£4,814

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Oadby and Wigston, 2026/27 bills run from £1,605 a year in band A to £4,814 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Oadby and Wigston, 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

The Bank, Countesthorpe, LE8

Open map Street View

Mortgage and stamp duty

Property price £40,000

£20k £60k

Deposit10% £4,000

£0 £40k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £36,000 mortgage. Most lenders would want a household income of about £8,000 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
9, The Bank Flat / maisonette	Flat / maisonette	Feb 2021	614 sq ft £122/sq ft	614 sq ft	£122	£75,000
13, The Bank Flat / maisonette	Flat / maisonette	Dec 2019	581 sq ft £113/sq ft	581 sq ft	£113	£65,500
12, The Bank Flat / maisonette	Flat / maisonette	Sept 2014	614 sq ft £114/sq ft	614 sq ft	£114	£70,000
11, The Bank Flat / maisonette	Flat / maisonette	Sept 2009	614 sq ft £116/sq ft	614 sq ft	£116	£71,000
11, The Bank Flat / maisonette	Flat / maisonette	Jan 2008	614 sq ft £147/sq ft	614 sq ft	£147	£90,000
12, The Bank Flat / maisonette	Flat / maisonette	Aug 2006	614 sq ft £109/sq ft	614 sq ft	£109	£67,000
9, The Bank Flat / maisonette	Flat / maisonette	Aug 2003	614 sq ft £88/sq ft	614 sq ft	£88	£54,000
10, The Bank Flat / maisonette	Flat / maisonette	Feb 2000	667 sq ft £54/sq ft	667 sq ft	£54	£36,000