Auction sale — renovation project with driveway and garden, vacant possession..
Mid town house, three bedrooms, approx. 632 sq ft
Vacant possession; freehold; sold at auction 29/10/2025
Combi boiler ~18 months old; new fuse board recently fitted
Paved front driveway; small rear garden with workshop and outhouses
Needs general modernisation and cosmetic refurbishment throughout
EPC D; council tax Band A (very cheap)
High local crime and very deprived area may affect resale/rental
Auction fees: 5% deposit and 4.8% buyer's fee (min fees apply)
This three-bedroom mid town house on Runcorn Road is offered for sale with vacant possession and immediate auction timelines, presenting a clear short-term opportunity for investors or buyers willing to renovate. The property is freehold, compact at around 632 sq ft, and sits in a popular south Leicester location close to shops, parks and good-rated primary and secondary schools.
The house benefits from recent mechanical upgrades: a combi boiler installed circa 18 months ago and a new fuse board. It has mains gas central heating, double glazing and an insulated, boarded loft — sensible basics that reduce immediate major-expenditure needs. Outside there is paved off-street parking to the front and a small rear garden with two outhouses and a workshop, useful for storage or conversion.
Material drawbacks are real and should be priced-in. The property needs general modernisation throughout; finishes are worn and some internal areas require redecoration and repair. The EPC is D and the immediate neighbourhood records high crime and significant area deprivation—factors that affect rental demand, resale prospects and mortgage availability for some buyers. The plot and overall living space are small, so this suits those targeting value, rental yield or a compact family home rather than those seeking generous living areas.
Important sale terms: the property will be sold at auction on 29 October 2025 with binding contracts exchanged on sale. Buyers should allow for the auction deposit (5% subject to a minimum £5,000) and a non-refundable buyer’s fee (4.8% of the purchase price, minimum £6,000 inc. VAT). Read the legal pack before bidding. This is a straightforward renovation/investment prospect in a sought-for south-Leicester pocket if you accept the location challenges and compact size.