No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£280,000
Added < 7 days

3 bedroom detached house for sale

Vaughan Road, Leicester LE2
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Detached house
3 bed
2 bath
EPC rating: E*
1,066 sq ft / 99 sq m

Key information

Tenure: Freehold
Council tax: Band B
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • Jg0769
  • Planning permissions secured for extensions and multiple redesign options, including flats, a HMO, or a large dwelling.
  • Planning application numbers: 20221281 & 20230090
  • Potential rental income of £25,000 £27,000 per annum if converted into three flats.
  • Strong demand for diverse property types due to prime location near city centre and local amenities.
  • Current configuration includes three bedrooms, two reception rooms, and a tandem garage.
  • Situated in a vibrant rental market with promising long term investment prospects.
  • Architectural plans available on the listing for prospective buyers.
  • Council Tax Band
  • EPC Rating

JG0769 - Explore a prime development opportunity in Aylestone with planning permissions for extensions and redesigns into flats, a HMO, or a large dwelling. Currently requiring renovation, this property offers potential rental income up to £27,000 per annum. Situated in a high-demand area, it features three bedrooms, two reception rooms, and a tandem garage. Architectural plans are available on the listing.

 

Discover an exceptional development opportunity in Aylestone, perfect for investors and developers seeking to capitalise on a property with immense potential. This detached home, currently featuring three bedrooms, two reception rooms, and a tandem garage, comes with planning permissions already secured for external extensions. With options for internal redesigns, the property offers the flexibility to transform into multiple flats, a HMO, or a spacious single dwelling. There's even potential to create a separate one-bedroom dwelling where the current garage stands, pending further architectural discussions.

The property is in a state requiring substantial renovation, presenting a blank canvas for those ready to undertake the work. However, the groundwork has been laid, with all external planning permissions in place, allowing you to focus on the creative possibilities.

Located in a high-demand area due to its proximity to the city centre and local amenities on Saffron Lane and Aylestone Road, this property promises a lucrative investment. The potential rental income stands at an impressive £25,000-£27,000 per annum if developed into three flats, with significant potential for capital appreciation. The vibrant rental market in Aylestone, coupled with the area's industrial and warehousing presence, indicates robust long-term investment prospects.

Architectural plans are readily available on the listing, providing a detailed guide for prospective buyers. This is your chance to develop a property that not only meets current market demands but also offers future growth opportunities. Don't miss out on making this your next successful project!

Places of interest

    eXp UK are the newest estate agency business, powering individual agents around the UK to provide a personal service and experience to help get you moved. Here are the top 7 things you need to know when moving home: Get your house valued by 3 different agents before you put it on the market Don't pick the agent that values it the highest, without evidence of other properties sold in the same area It's always best to put your house on the market before you find a property The estate agent acts for the seller and is there to get the seller the best price possible Understand the length of time it can take - 14 weeks from when you accept an offer, or have an offer accepted to move in! A long time! It can get stressful, but speak to your agent and your solicitor and they will put you in the picture Be nice to estate agents - we're pretty nice people, offer some great advice and will help to get you moved.

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    *DISCLAIMER

    Property reference S1086261. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by eXp UK - East Midlands.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 31, 2023

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 31, 2023

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on November 16, 2011 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.