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Auction: 24th June 2026 Live Stream Auction 24/06/2026 - Bidding opens Wednesday 24th June 10:00 AM

43 Mountcastle Road, Leicester LE3 2BW

Guide Price

£120,000 plus

Additional Costs / Fees will apply

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Property Details

Location

Auction Details

Description

A traditional, Three bedroom, terraced property situated close to Narborough Road.

The property benefits from gas central heating and uPVC double glazing and is in general good order throughout.

Let on a tenancy at £925 pcm/£11,100 per annum. Offering a yield of over 9% against the guide price.

Well placed for a good range of amenities on Narborough Road and easy access to DeMontfort University and Leicester Royal Infirmary Hospital.

Ideal investment opportunity with income from day one.

Accommodation

Lounge - 11 ft 3 x 11 ft 0 (3.43m x 3.35m)
UPVC double glazed front door. UPVC double glazed window to front aspect. Built-in meter cupboard within alcove. TV and telephone point. Radiator. Door through to -

Dining Room - 12 ft 0 x 11 ft 0 (3.66m x 3.35m)
UPVC double glazed window to rear aspect. Under stairs storage cupboard. Door to - Stairs leading to first floor. Radiator.

Kitchen - 12 ft 0 x 6 ft 1 (3.66m x 1.85m)
Having a selection of fitted base and wall units with a laminate worktop over and a stainless steel sink with drainer. There is a freestanding gas top cooker with electric oven under and an extractor over. Space for a freestanding fridge/freezer and space with plumbing for a freestanding washing machine. UPVC double glazed window to side aspect.

Rear Lobby
UPVC double glazed door out to rear garden. Space for an additional freestanding electrical appliance.

Bathroom - 7 ft 3 x 5 ft 0 (2.21m x 1.52m)
Comprising of Bath with electric power shower over, low level W.C and wash hand basin. UPVC double glazed window to side aspect. Extractor and Radiator.

Landing
Loft hatch access. Radiator.

Bedroom One - 12 ft 4 x 11 ft 4 (3.76m x 3.45m)
UPVC double glazed window to front aspect. Built-in double wardrobe. Radiator.

Bedroom Two - 12 ft 1 x 8 ft 5 (3.68m x 2.57m)
UPVC double glazed window to rear aspect. Built-in double wardrobe. Storage cupboard over the stairs. Radiator.

Bedroom Three - 12 ft 0 x 6 ft 1 (3.66m x 1.85m)
UPVC double glazed window to rear aspect. Built-in single wardrobe. Radiator.

Outside
The property benefits from a walled and paved courtyard style garden, being extremely low maintenance. There is also the added benefit of shared side access.

Costs

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

General

Draft Sales Particulars
These sales details are awaiting vendor approval