
East Midlands
£240,000Guide Price
Listed on 17/09/2026
Listed on 17/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £240,000, this substantial Victorian property is offered at about £87 per sq ft, well below the local average of £257 per sq ft. That makes the asking price a clear acquisition opportunity. It is being sold by online auction, so bidding can take the hammer above the guide and the eventual price may not stay this cheap.
The building has a traditional-looking frontage and generous space across four levels, but its former educational use shows in the dated commercial finishes and institutional layout. For a buyer prepared to take on a medium-scale refurbishment, there is scope to refresh the interiors and explore a more suitable layout. Its former residential use may also be relevant to a future conversion, subject to feasibility and the necessary consents.
None recorded.
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Transport
Leicester Rail Station
1.1 miles
Train · Leicester
South Wigston Rail Station
3.5 miles
Train · South Wigston
Narborough Rail Station
4.7 miles
Train · Narborough
Syston Rail Station
5.2 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 5.13%
Current average variable rate is 6.58%
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.
Pricing
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