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Land at Vulcan Road, North Evington, Leicester, LE5 3ED

Guide Price
£130,000
Kal Sangra Shonki Brothers, Leicester - Auctions
PROPERTY TYPE

Land

BEDROOMS

5

BATHROOMS

5

SIZE

Ask agent

Key features

  • RESIDENTIAL DEVELOPMENT
  • GUIDE PRICE: £130,000 - £135,000 PLUS VAT

Description

For Sale by Public Auction on 17/11/2026

Location:
The site is located near to the junction of Maynard Road and Sherrard Street and is near to Charnwood Primary School.

Description:
A level plot of landscaped amenity space of approximately
0.051 acre (209 sqm) with planning permission for a 2 and a half storey building providing 5 self contained flats.

Planning:
The contract will include a restrictive covenant limiting development for residential use (new build) only.
The contract will include an Overage Clause for a 25 year period stating that if the residential development includes for in excess of one small unit then an overage payment of 25% of the agreed sale price (subject to an upward only indexation in line with any increase in the Consumer Prices Index between the date of legal completion and date of payment of the overage) would be payable to LCC per additional dwelling.
Planning has been granted for change of use from public open space to dwelling houses; construction of 2 and a half storey building providing 5x1 bedroom flats.
Planning Application No: 20250173 dated 10.03.2026.
Local Authority: Leicester City Council .

Tenure
Freehold.

Solicitors
Chetty & Patel, 133 Loughborough Road, Leicester LE4 5LQ
Tel: ~ Ref: U Patel

Land at Vulcan Road, North Evington, Leicester, LE5 3ED

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.6 miles
  • South Wigston Station4.0 miles
  • Syston Station4.1 miles

About Kal Sangra Shonki Brothers, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

Welcome to the SHONKI BROTHERS ESTATE AGENTS Website

Established in 1966, Shonki Brothers, the first Asian Estate Agents in England, have been providing service to the public for more than 30 years, which from humble beginnings can now claim to offer a service to Vendors and Purchasers which is second to none.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 374502. 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 Kal Sangra Shonki Brothers, Leicester - Auctions. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kal Sangra Shonki Brothers, Leicester - Auctions on 0116 216 5653.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”