Summary - 48 CAVERSHAM ROAD LEICESTER LE2 9ND
3 bed 1 bath End of Terrace
Auction sale for investors seeking strong refurbishment potential and rental upside.
Freehold three-bedroom end-terrace, approx. 964 sq ft
A three-bedroom end-of-terrace (approx. 964 sq ft) offered freehold and sold at auction on 8–9 December. The house is a post-war, system-built property needing full internal refurbishment throughout, presenting clear scope for capital uplift or rental repositioning once renovated. The property includes two reception rooms, a kitchen opening to an enclosed rear garden, and a small plot with on-street parking.
This is a straightforward project for an investor or experienced developer who can manage a full refit. The area has strong rental demand from families and commuters and good access to Leicester city centre and main arterial routes. Nearby primary and secondary schools have generally good Ofsted ratings, which supports family lettings.
Buyers should factor in the property’s setting: the neighbourhood is classified as very deprived with high recorded crime, and the building is assumed to have no wall insulation and requires modernization. An administration fee of £3,600 (inc. VAT) is payable on exchange; check the legal pack for further disbursements. Viewings are scheduled on set open-house dates prior to auction.
This lot suits a cash buyer or someone prepared to manage renovation costs and the auction process. The home offers clear upside but requires budgeted works and sensible risk assessment before bidding.
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