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£195,000

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50 Vicarage Lane, Belgrave, Leicester, LE4 5PD

Residential

house

terraced house

Vacant

2

bed

1

bath

1

reception

Tax band: A

Freehold

Excellent Residential Opportunity

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Floorplan

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How to buy at auction

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Deadline for offers

2 days left

Description

  • PRIME NEW ENTRY. We are excited to bring to market this excellent 2 bed terrace property, located within a prime location in Belgrave, Leicester.

  • **8, St Bernards Avenue, Leicester, LE4 5EW Previously sold for £280,000. 47, Checketts Close, Leicester, LE4 5EU Previously sold for £237,000**

  • Sure to appeal to homeowners looking for an excellently presented new home or shrewd investors looking for a fantastic investment opportunity. 

  • For rental purposes, the property could potentially achieve £1,100-£1,200 p/m (£13,200-£14,400 p/a). Great yield potential. 

  • Property is located near a host of local amenities including shops and restaurants, with local schools & easy access to public transport nearby. Property is 11 minutes from Leicester train station.

Prime Property Auctions NEW ENTRY. Fantastic 2 Bedroom terrace, located within a sought after location in Leicester

Property comprises:

Entrance hallway, living room, kitchen, 2 spacious bedrooms, bathroom, spacious garden to the rear. Property benefits from ample storage throughout. 

Excellently presented property, finished to a high standard.

Local Sales Evidence:

**8, St Bernards Avenue, Leicester, LE4 5EW Previously sold for £280,000. 47, Checketts Close, Leicester, LE4 5EU Previously sold for £237,000**

Prime Opportunity for Property investors & homeowners looking for a property in an excellent location. Property is ready to move into / let. Fantastic Capital growth potential. 

Property has potential to achieve £13,200-£14,400 p/a p/a. Sure to appeal to buy to let investors. 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location

Leicester is one of the UK’s largest and most diverse cities, offering a strong combination of affordability, economic growth and connectivity. People choose to live there because it provides a lower cost of living and more affordable housing than many cities in the South East, while still offering excellent transport links, two major universities, a vibrant city centre and a rich cultural scene. Investors are attracted by consistent rental demand from students, professionals and families, ongoing regeneration projects, a growing employment base in sectors such as logistics, manufacturing and space technology, and property prices that generally offer stronger yields than many larger UK cities. Together, these factors make Leicester an appealing location for both owner-occupiers and buy-to-let investors seeking long-term growth potential. 

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£26,520

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.