
East Midlands
£625,000
Listed on 29/08/2026
Listed on 29/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At £625,000, this substantial freehold is priced at around £57 per sq ft, well below the local average of £282 per sq ft—a strong acquisition-value signal. The listing also states that planning permission has been granted for external alterations to create three Class E units, with office and storage accommodation above, giving the project a clear commercial repositioning angle. Bids can go above the guide at auction, but this is a private treaty listing, not an auction.
The frontage and entrance look dated, while the available photo does not show the interior, so the work required is hard to judge. The overall WHOTS grade is D: the low price and stated consent are attractive, but the score is held back by limited renovation-economics data and elevated risk. Verify the consent and approved plans, and assess the building in person.
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Transport
South Wigston Rail Station
1.4 miles
Train · South Wigston
Leicester Rail Station
2.1 miles
Train · Leicester
Narborough Rail Station
3.4 miles
Train · Narborough
Syston Rail Station
6.8 miles
Train · Syston
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Indicative tax based on the asking price and the options you select.
Services
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