House · LE12 7NW
Listing removedListed 106 daysAuction 29 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Auction on 29 July 2026. Former House and School / Office space.
A spacious commercial investment property split into two parts but let on one lease as a College for additional needs students.
Main house to the front, now offering office space, classrooms and kitchen with its own rear garden.
Second unit which is a former factory and now fully remodelled for its current use which comprises of classrooms, workshops, large kitchen, reception and lift.
Accommodation is over two floors and it has a secure courtyard. Let at £20,000 per annum until November 2027. Potential scope for future re-development, subject to planning.
Sileby is a well service village with a good range of amenities excellent transport links and train station.
Main House: Ground Floor - Reception Hallway Lounge 4.90m x 3.30m Sitting Room 3.95m x 3.30m Extended Kitchen 6.10m x 4.00m Side Lobby Toilet First Floor - Office 1 / Landing 3.30m x 3.80m Office 2 3.80m x 3.30m Office 3 3.20m x 3.75m Office 4 3.85m x 2.35m Large Bathroom 5.90m x 2.10m Outside - Small garden to front and enclosed rear garden.
Rear College Unit: Ground Floor - Reception Room 5.70m x 4.50m Large Kitchen 4.50m x 5.90m Inner Hall Bathroom Work Room 4.50m x 3.90m Workshop 10.00m x 6.00m First Floor - Landing Classroom 1 - 6.50m x 5.60m Classroom 2 - 10.30m x 3.25m Inner hallway with lift Walk in store Toilet Outside - Wide gated access leads to an enclosed tarmac yard / garden with store.
Completion Date Completion will be 28 working days from exchange. Please refer to the special conditions within the legal pack.
Tenure: Freehold EPC Rating: 24 - Awaited 24a - C Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.
Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees The following deposits and non- refundable auctioneers fees apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc.
VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 24 & 24A Swan Street, Sileby, Loughborough, Leicestershire LE12 7NW
Explore nearby