Auction

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Auction

1/34

£300,000

POA

5 bed flat for sale Fosse Road North, Leicester, LE3 5RS

5 beds 4 baths Block of Flats

For sale by auction Tenure: ask agent

Added yesterday

About this property

A UNIQUE OPPORTUNITY WITH SIGNIFICANT POTENTIAL Located on Fosse Road North, close to Leicester city centre, this impressive and versatile property presents a fantastic opportunity for a variety of uses. Previously used as a community centre and hub, the property offers spacious and characterful accommodation, two self-contained flats and further potential for development, subject to the necessary consents. Offered for sale by auction, this is an opportunity not to be missed.

Key features

Large Character Property
Two Self Contained Flats
Approximately 5000 sqft of Accommodation
Brilliant investment Opportunity
Cellar
Outside Space
Previously used as a Community Club
Bar
Versatile Accommodation
Must Be Viewed to Fully Appreciate

Floorplan

Price guide

This home

£60 / sq ft

Area average (sold)

£266 / sq ft

Price per area, sold homes nearby

£190 / sq ft

£60 / sq ft

£344 / sq ft

Lowest

This home

Highest

£60 per sq ft, below almost all recent sales in LE3 (£190–£344, 10th–90th percentile, 1,843 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,843 homes sold in LE3 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in LE3 →

Location

Fosse Road North, Leicester, LE3 5RS

Open map Street View

Council tax: Band D (Approx £2,529/year)

Mortgage and stamp duty

Property price £300,000

£150k £450k

Deposit10% £30,000

£0 £300k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £270,000 mortgage. Most lenders would want a household income of about £60,000 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.

Historic sold prices nearby

HM Land Registry sales in LE3 5RS. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
352a, Fosse Road North Terraced	Terraced	Oct 2015	775 sq ft £112/sq ft	775 sq ft	£112	£86,500
356 - 358, Fosse Road North Terraced	Terraced	Mar 2012	—	—	—	£139,000
358, Fosse Road North Terraced	Terraced	Mar 2012	—	—	—	£139,000
364, Fosse Road North Terraced	Terraced	Mar 2001	904 sq ft £54/sq ft	904 sq ft	£54	£49,000
354, Fosse Road North Terraced	Terraced	May 2000	—	—	—	£45,000
362, Fosse Road North Terraced	Terraced	Apr 1998	1,496 sq ft	1,496 sq ft	—	£56,500
354, Fosse Road North Terraced	Terraced	Apr 1997	—	—	—	£45,000
352a, Fosse Road North Terraced	Terraced	Feb 1997	775 sq ft	775 sq ft	—	£13,500