Modern Method of Auction
Auction date not yet published
2-bedroom terraced house · LE2 9FL
For saleReduced £10k (−6.7%) on 22 OctListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This end terrace property is in a popular location and benefits from two bedrooms, lounge/diner & conservatory and off road parking.
Being sold with no onward chain - viewing is highly recommended. Description Eyres Monsell is located in the South West corner of Leicester.
This sought after location boasts two primary schools, a selection of shops and takeaways, two large parks with play and gym equipment, churches and doctors surgeries, public house and is served by regular bus links to the city centre and has everything you need for convenient living.
'Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.' Auctioneer's Comments This property is offered through Modern Method of Auction.
Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hall There is a door and window to the front of the property and stairs rising to the first floor.
Lounge/Dining Room There is a double glazed window to the front of the property, fireplace with feature surround, central heating radiator, coving to the ceiling and doors through to the conservatory.
Conservatory A upvc construction with double glazed windows to the rear and sides and doors leading out to the garden.
Kitchen Fitted with wall and base units, work surfaces housing the sink drainer, splashback tiling, neff electric oven and hob with cooker hood over, pantry, spot lights to the ceiling, double glazed windows to the rear of the property and door leading out to the rear garden.
First Floor Landing With stairs rising from the ground floor and double glazed window to the side of the property.
Bedroom One There is a double glazed window to the front of the property, built in cupboard, fitted wardrobes and central heating radiator.
Bedroom Two With a double glazed window to the rear of the property and central heating radiator.
Shower Room There is a shower cubicle, wash hand basin in a vanity unit, wc, chrome heated towel radiator and double glazed window to the rear of the property.
Outside At the front of the property there is a block paved driveway providing off road parking and a gate leading through to the rear garden.
The rear garden has astro turf, borders with mature plants, a decked area and fenced borders and there is a brick built shed at the side.
Directions Proceed out of Blaby along Leicester Road and at the roundabout continue straight ahead.
At the traffic lights continue towards Glen Parva and turn right onto Hillsborough Road and then the third left turn onto Scotswood Crescent.
Oakpool Gardens is the second right hand turning where the property is located. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 20, Oakpool Gardens, Leicester
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