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See how verdicts work5-bedroom house · LE7 9SB
For saleListed 53 daysAuction 11 Nov · in 15 days
Opportunity summary
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About
For Sale by Public Auction on 11/11/2026 Location: The cottages are located on the edge of Scraptoft village, a highly desirable area, accessed from a private driveway off Hamilton Lane.
Description: Two semi-detached, part single and part 2 storey, 2 bedroom cottages with attached single storey barns to the sides, enclosing a central open courtyard, on a site extending to approximately 0.31 acres.
The cottages require complete modernisation and repair.
Planning: There is potential to reinstate the property as separate cottages, create one large cottage, or demolish the existing buildings and construct new houses to create additional dwellings, subject to planning permission.
Potential to create car ports or garages either side of the cottages subject to planning permission. Local Authority: Harborough District Council .
Note The sale will be subject to the Buyer paying the Seller's legal and surveyor's fees of 2% + VAT. No offers will be accepted on this lot prior to the auction. Tenure Freehold.
Energy Performance Certificate: No. 1: Rating 28, Band F. No. 2: Rating 7, Band G.
Solicitors Legal Services, Leicester City Council, City Hall, 115 Charles Street, Leicester LE1 1FZ Tel: ~ Ref: M Ramage Accommodation FLOOR ACCOMMODATION [/colour] SQFT (SQM) COTTAGE 1 - left Ground First Entrance hall, 2 reception rooms, kitchen, bathroom 2 bedrooms.
660 (61.4) Single Storey Barn 1,397 (130) COTTAGE 2 - right Ground First Entrance hall, 2 reception rooms, kitchen 2 bedrooms, bathroom leading to loft space 638 (59.3) Single Storey Barn: 1,864 (173) Outside Shared courtyard, rear gardens
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 Netherhall Cottages, Hamilton Lane, Scraptoft, Leicester, LE7 9SB
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