Summary - 36 FLAT 3 STOUGHTON ROAD LEICESTER LE2 2EB
1 bed 1 bath Flat
Vacant possession long-lease investment near transport and park.
- Top-floor one-bedroom apartment occupying entire top floor
- Long lease remaining (c.150 years) and sold with vacant possession
- Communal off-street parking and communal rear garden
- Spacious lounge/diner and large double bedroom with built-in wardrobes
- EPC rating G; electric heating — energy upgrades recommended
- Sold at auction: 10% deposit and non-refundable buyers’ fee apply
- Solid brick walls likely uninsulated; retrofit costs probable
- Medium flooding risk in area
A top-floor one-bedroom apartment offered with vacant possession and a long lease — set for sale by auction on 27 November 2025. The property occupies the whole top floor of a Victorian mock-Tudor building, with a spacious lounge/diner, large double bedroom and fitted kitchen. Communal parking and a rear garden add practical benefits for tenants.
This lot suits investors seeking a straightforward buy-to-let or refurbishment project in a desirable, well-connected area. The long lease (c.150 years remaining) and vacant possession remove immediate title complications; nearby shops, bars, the train station and Victoria Park support strong tenant demand.
Buyers should note material drawbacks: the EPC is rated G and heating is electric, so energy efficiency upgrades will be needed to reduce running costs and improve marketability. The property is sold at auction under unconditional terms — a 10% deposit (minimum £5,000) and a buyers’ fee apply, and legal pack conditions may include additional costs. There is a medium flooding risk and solid brick walls with assumed no insulation, indicating likely retrofit work.
With a modest guide price, the flat presents clear potential for uplift through energy improvements, cosmetic refurbishment and let-ready preparation. Suitable for investors prepared to budget for upgrades and immediate completion obligations imposed by auction purchase.
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