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14 New Street, Earl Shilton, Leicester LE9 7FQ
Marketed by:
Auction House Lincolnshire
124 Trinity St, Gainsborough DN21 1JD, UK
01427 616436
Tenanted 3-Bedroom Freehold Semi-Detached House
14 New Street, Earl Shilton, Leicester LE9 7FQ
Unsold
£49,000+
• 3 Bedrooms
• Semi-Detached House
• Freehold
• Subject to existing tenancy agreement
• Current Rating D
Description
A traditionally constructed semi-detached house, offered for sale with the benefit of an ongoing tenancy at £525 pcm, due to increase on 1 January 2027 to £1,100 pcm (£13,200 per annum).
Accommodation
Entrance; Lounge; Dining Room; Kitchen; First Floor: Bedroom 1, Bedroom 2, Bedroom 3, Family Bathroom; Outside: Gardens.
Location
The property is situated on New Street, Earl Shildon, with access to the City of Leicester and local facilities and amenities. The A47 and M69 transport routes are easily accessible, providing access to the wider area including Coventry and Birmingham.
Tenure / Property Information
Tenure |
Freehold |
Occupancy |
Subject to existing tenancy agreement |
EPC |
Current Rating D |
Council Tax |
Hinckley and Bosworth Council – Band B |
Services |
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities as to the availability of the services. Services, apparatus and equipment have not been tested by Auction House and cannot be verified as being in working order. |
Investment Analysis
Same-street completed sales range from £115,000 to £185,250. The £185,250 sale is the most recent but dates from 2022; the evidence is limited and inconsistent. HB scenarios are set at £115,000 low, £150,000 base and £185,250 high, not formal valuations.
Investment Snapshot
Guide Price |
£49,000 plus fees |
HB Estimated GDV |
£150,000 |
Estimated Monthly Rent |
£795 – £1,650 pcm |
Estimated Annual Rent |
£13,200 pa |
Gross Yield on Guide |
26.9% |
Strategy Recommendation
Investigate as a tenanted BTL or BRRR opportunity, subject to verifying the rent increase, tenancy terms, condition, legal pack and all purchaser costs.
Works Required
No works are specified. Inspect condition, tenancy documents, legal title and required compliance works before bidding.
Rental & Market Context
HB Estimated Market Rent |
£795 – £1,650 pcm |
|
Property & houses to rent in LE9 — 3 bed — — Advertised asking rent |
£795 pcm |
|
Properties To Rent in Earl Shilton — 3 bed — — Advertised asking rent |
£1,650 pcm |
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
16, New Street, Earl Shilton, Leicester, Hinckley And Bosworth, Le9 7fq |
£185,250 |
|
10, New Street, Earl Shilton, Leicester, Hinckley And Bosworth, Le9 7fq |
£115,000 |
|
16, New Street, Earl Shilton, Leicester, Hinckley And Bosworth, Le9 7fq |
£100,000 |
|
10, New Street, Earl Shilton, Leicester, Hinckley And Bosworth, Le9 7fq |
£117,000 |
|
20, Land At The Back Of, Abbots Park, Leicester, Hinckley And Bosworth, Le9 7fq |
£50,000 |
Potential BRRR Position
Base GDV |
£150,000 |
75% Refinance |
£112,500 |
At the £150,000 base GDV, 75% refinance is £112,500. Against the £49,000 guide and known £3,600 admin charge, this appears potentially cash-generative before refurbishment, finance, tax and unknown disbursements. Total project cost cannot be established because works and other charges are unsupported.
Buy-to-Let Analysis
The property is currently let at £525 pcm, stated to increase to £1,100 pcm from 1 January 2027. The future stated rent produces a 26.94% gross yield on the £49,000 guide, before fees and costs. Rental listings range from £795 to £1,650 pcm, but these are asking rents and not achieved rents.
Flip Analysis
A flip assessment cannot be reliably completed because no refurbishment allowance or selling-cost allowance is supplied. The base GDV is evidence-led but uncertain due to limited and dated comparable sales.
Investor Risks & Due Diligence
• The stated increase to £1,100 pcm must be verified in the tenancy agreement and may not be enforceable.
• The property is subject to an existing tenancy, limiting vacant possession and inspection certainty.
• Buyer disbursements, searches, legal fees, transfer fees and any seller-cost reimbursement are unspecified.
• Comparable sales are limited, dated and show a wide value range.
• Rental listings are advertised asking rents rather than achieved rents.
• No property condition or refurbishment cost evidence is supplied.
Recommendation
Investigate as a tenanted BTL or BRRR opportunity, subject to verifying the rent increase, tenancy terms, condition, legal pack and all purchaser costs.
Strategy Rating
HB Rating |
★★★★☆ |
Analysis Confidence
Confidence |
Medium |
The guide, tenancy rent, future rent, tenure and several completed sales are supplied, but condition, refurbishment costs, legal-pack charges and achieved rental evidence are incomplete.
Auction Details :
Auction House Lincolnshire
Auction Date :
02/11/26
Lot Number :
Property Location:
14 New Street, Earl Shilton, Leicester LE9 7FQ
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