Vaughan Road, Leicester, LE2 8RF
- PROPERTY TYPE
Detached
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 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
Description
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!
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Vaughan Road, Leicester, LE2 8RF
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Visit our security centre to find out moreDisclaimer - Property reference S1086260. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by eXp UK, East Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.
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