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Netherhall Cottages, Hamilton Lane, Scraptoft, Leicester, LE7 9SB - Image 1
Netherhall Cottages, Hamilton Lane, Scraptoft, Leicester, LE7 9SB - Image 2
Netherhall Cottages, Hamilton Lane, Scraptoft, Leicester, LE7 9SB - Image 3

Netherhall Cottages, Hamilton Lane, Scraptoft, Leicester, LE7 9SB

East Midlands

£250,000Guide Price

Listed on 04/09/2026

The listing

Property details

Bedrooms
5
Type
Cottage

Features

  • Garden

Description

Offered at auction, this freehold site on the edge of Scraptoft comprises two adjoining two-bedroom cottages with attached single-storey barns arranged around a central courtyard. The cottages provide entrance halls, two reception rooms, kitchens and bathrooms, with a combined stated cottage accommodation of approximately 1,298 sq ft. The attached barns add substantial ancillary space, and the site extends to around 0.31 acres with shared courtyard and rear garden areas. The buildings require complete modernisation and repair. The listing identifies possible options to reinstate the cottages separately, combine them into one larger cottage, or consider redevelopment, all subject to planning permission. Car ports or garages are also mentioned as a possibility, subject to consent. The sale is subject to the buyer paying the seller's legal and surveyor's fees of 2% plus VAT, and no pre-auction offers will be accepted. EPC ratings are F for Cottage 1 and G for Cottage 2.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

42out of 100
Grade ELow opportunity

Confidence: LOW

This is a substantial, characterful project: two cottages with attached barns arranged around a central courtyard, on a site of about 0.31 acres. The photographed interiors are severely neglected, with damaged finishes, debris and boarded openings; the gardens are heavily overgrown, and the barns are cluttered. That gives a buyer scope to rethink the cottages and courtyard, restore the buildings and clear the grounds, with any larger redevelopment or reconfiguration dependent on planning permission. The visible roof condition cannot be confirmed from the photographs.

The score is 42/100 (E, Low Opportunity), reflecting the scale of the work and limited investability, while the existing buildings, barns and site arrangement offer a distinctive canvas. Floor area is missing from the valuation data, so value versus local £/sqf cannot yet be judged. The stated works range is £90,000–£160,000; the listing also says the buyer pays the seller’s legal and surveyor’s fees of 2% plus VAT.

Key opportunities

  • Restore or reconfigure the two existing cottages as separate homes or one larger cottage, subject to the relevant permissions.
  • Turn the attached barns and central courtyard into a more usable arrangement, with the site plan and exterior views helping show the existing layout and access.
  • Clear the overgrown courtyard and gardens to reveal and improve the outdoor space.

Key risks

  • Severely damaged finishes, debris, boarded openings and neglected barns, alongside a £90,000–£160,000 works range, point to a full-gut programme rather than a cosmetic refresh.
  • Roof and structural condition cannot be confirmed from the photographs.

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Map

Location

Netherhall Cottages, Hamilton Lane, Scraptoft, Leicester, LE7 9SB
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% interest

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

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