Summary - 25 Sidney Court, Norwich Road LE4 0LR
3 bed 1 bath Flat
Affordable auction lot with strong rental potential and a very long lease.
- Top/second-floor three-bedroom apartment, approximately 840 sq ft
- Leasehold, 953 years remaining (from 1979)
- EPC rating G; property requires full modernisation
- No central heating system; electric heaters assumed
- uPVC double glazing fitted (unknown installation date)
- Sold at auction; 5% deposit and buyer's fee apply
- Property sold as seen and not cleared internally
- Urban location with good transport links and local amenities
A second/top-floor, three-bedroom apartment offered at auction with clear investment potential in a well-served Leicester neighbourhood. The property is part of a mixed-use mid-20th century building above retail, with an average internal size of about 840 sq ft and a very long lease (953 years).
The apartment requires modernisation throughout: the EPC is G, there is no central heating system (electric heaters are present), and the flat will be sold as seen and not cleared internally. These factors keep the purchase price low and create scope to add value through refurbishment and improved energy performance.
Local amenities, schools rated Good, and quick access to the city centre and Ring Road make the location convenient for tenants or future resale. The sale will proceed by auction on 29 October 2025 — bidders should budget for the required 5% deposit (minimum £5,000) and the buyers’ fee (4.8% of purchase price, minimum £6,000 inc. VAT). Read the legal pack carefully for service charge and ground rent details.
This lot suits investors or cash buyers prepared to carry refurbishment costs and to market the flat to tenants. The long lease length and city location are attractive, but buyers must plan for energy upgrades, internal clearance, and likely internal renovation works to reach market rents or achieve better value.
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