Summary - 57, Highfield Street LE2 1AD
7 bed 4 bath Terraced
Large multi‑storey property ideal for conversion or rental investment.
Seven bedrooms across four floors, cellar and passenger lift included
Large kitchen/diner with separate utility and multiple bathrooms
Period features: high ceilings, sash bay windows, substantial room proportions
Sold at modern auction; undisclosed reserve and non-refundable buyer fees apply
Solid brick walls likely uninsulated — thermal improvements probably needed
Area shows high crime and very high deprivation; consider management strategy
Private rear yard present but exterior appears dated and needs landscaping
Freehold title; excellent transport links and proximity to city centre
A substantial Victorian mid-terrace arranged over four stories, this seven-bedroom house offers strong rental or multi-occupancy potential in central Leicester. The property retains period features—high ceilings, bay sash windows and generous reception rooms—and includes practical extras such as a cellar and a passenger lift, uncommon in terraces of this age.
Offered via a modern auction method, the house is suited to investors or developers seeking conversion scope (flats or HMO, subject to planning). The layout already provides multiple bathrooms and a fitted kitchen/diner with utility, reducing initial rebuild work. Sizeable overall floor area and a private rear yard make the property flexible for long-term lets or phased refurbishment.
Buyers should note material considerations: the sale is by auction with an undisclosed reserve and non-refundable buyer reservation fees; due diligence is essential. The area records high crime and significant deprivation, and the building’s solid brick walls likely lack insulation — further thermal upgrades may be required. Some garden and exterior areas appear dated and will benefit from re-landscaping or maintenance.
Overall this terraced townhouse presents clear upside for experienced investors or purchasers comfortable with auction purchase mechanics and refurbishment. Its central location, room count and lift/cellar features are genuine value-drivers, balanced by neighbourhood and retrofit costs that will influence net returns.
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