Affordable one-bedroom flat for renovation with strong rental potential near Leicester city centre..
One-bedroom flat, approx. 40m² (430 sq ft)
Sold at auction — 14–15 October 2025
Needs full updating; EPC grade E, electric room heaters
Leasehold — approx. 206 years remaining; see legal pack for charges
Buyer's premium applies (1.2% inc VAT, min £1,200) and additional fees
Close to Leicester city centre, fast broadband and excellent mobile signal
Solid brick construction with no fitted wall insulation (as built)
Council Tax Band A — very low running council tax
This one-bedroom, 40m² (approx. 430 sq ft) flat on Moores Road is a low-cost entry into Leicester’s rental market or auction portfolio. Located on the outskirts of the city centre, the property offers quick access to amenities, transport links and two outstanding secondary schools, making it straightforward to let to local professionals or students. Broadband is fast and mobile signal excellent.
The flat requires updating throughout: the EPC is grade E, heating is by electric room heaters and mains electricity, and the building’s solid-brick walls have no fitted insulation (as built). The accommodation comprises a living room, kitchen, bedroom and shower room; internal photos and measurements are approximate and the property will be sold at auction without an inspection guarantee. Buyers should allow budget for refurbishment and potential replacement heating and kitchen works.
Important practical points: the sale is by auction (14–15 October 2025), it is leasehold with approximately 206 years remaining, and there are additional costs detailed in the legal pack including ground rent, service charges and a buyer’s premium (minimum £1,200 inc. VAT). This is a compact, affordable lot for investors or a buyer willing to renovate; not suitable for those seeking move-in-ready accommodation.