Summary - 11, Capesthorne Close, LEICESTER LE5 0NN
2 bed 1 bath End of Terrace
Two-bed end terrace let at £900 pcm — immediate income for investors.
Two double bedrooms and enclosed rear garden
A two-double-bedroom end-of-terrace town house offered to auction with a sitting tenant, delivering immediate income. The property is freehold, has gas central heating, uPVC double glazing and an enclosed rear garden — practical features that suit buy-to-let owners seeking an income-producing asset.
The house is let at £900 pcm (£10,800 pa) following a recent rent increase, giving an attractive gross yield at the guide price. A new consumer unit will be fitted before the sale and the seller will supply the paperwork, which reduces one short-term compliance risk for the buyer.
Buyers should note material negatives plainly: the EPC is rated D, the area is classified as very deprived with above-average crime, and some updating/renovation will likely be needed to maximise capital value. The property is sold at public auction (25 Sep 2025) under unconditional terms — binding contracts exchange on sale and the usual non-refundable auction deposit and buyer’s fees apply.
This is best suited to experienced investors or purchasers familiar with auction purchases who want immediate rental income and scope to add value through modest refurbishment and management improvements.
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