3 bedroom semi-detached house

• 
  
• We are excited to present this fantastic refurbishment opportunity, A 3 bedroom semi-detached in Prime location in Gervas Road, Leicester. *Guide Price £180,000*

 

• 
  
• *59, Gervas Road, Leicester LE5 2EJ Previously sold for £300,000.2, Dudley Avenue, Leicester LE5 2EE Previously sold for £295,000 20, Somers Road, Leicester LE5 2FA Previously sold for £285,000.

 

• 
  
• The property requires renovation to unlock its full potential. Fantastic Capital growth potential. Sure to appeal to builders/investors looking for Rare auction property.

 

• 
  
• Once renovated, the property could potentially lend itself as a Serviced accommodation opportunity. Similar Properties in the area have been achieving upwards of £100 per night - *GREAT YIELD POTENTIAL*

 

• 
  
• Market rent shows you could achieve £1,000-£1,100 PCM (£12,000-£13,200 P/A)This would provide a jaw-dropping 7% - 8% yield based on the £180,000 Guide price.

 

PRIME LOCATION! We are happy to present this fantastic refurbishment opportunity. A 3 bedroom semi-detached in Prime location in Gervas Road, Leicester. *Guide Price £180,000*

The property comprises: Entrance hallway, living room, kitchen, 3 large double bedrooms and bathroom. The property benefits from a large garden area to the rear.

Prime Opportunity for Property investors looking for a property in an excellent location. The property requires full renovation. Fantastic Capital growth potential. Sure to appeal to builders/investors looking for Rare auction property.

Local sales evidence:

*59, Gervas Road, Leicester LE5 2EJ Previously sold for £300,000.2, Dudley Avenue, Leicester LE5 2EE Previously sold for £295,000 20, Somers Road, Leicester LE5 2FA Previously sold for £285,000.

Excellent Development/Refurbishment Opportunity. The property is ready for a shrewd developer to bring to life.

The property could potentially lend itself as a Serviced accommodation opportunity. Similar Properties in the area have been achieving upwards of £100 per night. 

Brilliant BRRR Opportunity. Sure to appeal to investors looking for an easily lettable property in a location with great potential for Capital Growth. The local area has seen some great sales recently showing that there is strong demand.

Market rent shows you could achieve £1,000-£1,100 PCM (£12,000-£13,200 P/A)This would provide a jaw-dropping 7% - 8% yield based on the £180,000 Guide price.

The property has a Guide price of £180,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.

Potentially high-yielding investment property.

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:

Located in the dynamic city of Leicester, this property offers a fantastic opportunity to enjoy the blend of rich history, diverse culture, and modern conveniences that make Leicester such a popular place to live. Known for its vibrant city centre, Leicester is filled with excellent shopping, dining, and entertainment options, including the Highcross Shopping Centre and a variety of local markets. 

The city is also home to respected schools, two major universities, and renowned cultural landmarks like the King Richard III Visitor Centre and the Curve Theatre. For those who commute, Leicester's central location provides excellent motorway connections via the M1, M69, and A46, ensuring easy travel to nearby cities such as Nottingham, Birmingham, and London. Leicester also has an efficient public transport network and fast rail links to London in just over an hour, making it ideal for those seeking urban excitement with connectivity at their doorstep.