5 bed block of flats for sale

Fosse Road North, Leicester LE3

A unique opportunity with significant potential


Located on Fosse Road North, close to Leicester city centre, this impressive and versatile property presents a fantastic opportunity for a variety of uses. Previously used as a community centre and hub, the property offers spacious and characterful accommodation, two self-contained flats and further potential for development, subject to the necessary consents.

Offered for sale by auction, this is an opportunity not to be missed.

The main property is accessed via a large entrance hallway, with an impressive grand staircase immediately catching your attention. To the right is a fantastic bar area, while straight ahead is a substantial room which has previously been used for social gatherings and games. There is also a further large room on this floor, with access to a kitchen and a store room.

From the entrance hallway, a door leads down to a particularly large cellar, providing excellent additional storage. There is also access from the hallway to the outside.

Upstairs, the property continues to offer generous accommodation. There are separate ladies' WC facilities, an office overlooking the courtyard and a large library.

Also on this floor is a spacious self-contained flat, offering a large lounge, generous kitchen, bathroom and double bedroom. The flat also benefits from its own hallway, complete with a feature window.

Outside, the property benefits from a private courtyard area, which can be accessed via double gates, providing useful outdoor space and access to the additional accommodation. There a gents WC accessed from the courtyard.
Additional self-contained accommodation


There is also a separate self-contained building, accessed from Fosse Road North and known as 366A Fosse Road North. This currently provides a ground-floor flat comprising a lounge, bedroom, bathroom and kitchen, with additional access to the courtyard.

Externally, stairs lead to a further room above. Currently used as a large store room, this space offers exciting potential for conversion to create an additional flat, subject to the relevant planning and building regulations.

With its prominent position, impressive proportions, character features and versatile accommodation, this is a property that offers a wealth of possibilities. Whether continuing its existing use, creating a number of self-contained units or exploring alternative opportunities, the potential is clear.

Properties of this nature rarely come to the market, and with the added benefit of being offered by auction, early viewing is highly recommended.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.