Land · LE2 9TG
For saleListed 4 daysAuction 11 Nov · in 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £15,000+ **For Sale By Public Auction 11th November 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Plot of Land Measuring Approximately 1.5 Acres / 6,419 sq m (69,094 sq ft).
Potential for Development (Subject to Obtaining all Relevant Consents) Tenure Freehold Location The land is situated on a residential road close to local shops and amenities.
The open spaces of Jubilee Park are within easy reach. Transport links are provided by South Wigston rail station and the M1. Description A plot of land extending to approx.
1.5 Acres (6,419 sq m / 69,094 sq ft) with conceptual plans drawn up for a dwelling (no formal planning application has been submitted). Draft drawings are available upon request.
Auction House London gives no warranties regarding this scheme or the validity of the plans.
Buyers must rely entirely on their own enquiries regarding development potential, permissions, and planning history. Note Plans and measurements are indicative only.
Portions of the plot may comprise be subject to Tree Preservation Orders. Buyers must rely on their own enquiries regarding exact boundaries, rights, consents, and development potential. Open Site
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.
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 Plot 1, Land at New Bridge Road, Glen Parva, Leicester, Leicestershire, LE2 9TG
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