290- 292 Gipsy Lane, Leicester, Leicestershire LE4 9BX

Lot 1 · LE4 9BX · Auction House East Midlands · East Midlands

£375,000guide price
6.3%gross yield
Commercial6.3% gross yield
290- 292 Gipsy Lane, Leicester, Leicestershire LE4 9BX
Photo: Auction House East Midlands catalogue

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

EPC D

No listing-level EPC red flag, subject to official certificate expiry and address match.

medium confidence, Auction listing enrichment

Freehold listed

The listing indicates freehold tenure. Confirm against title and special conditions.

medium confidence, Auction listing

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About this lot

Commercial Property

290- 292 Gipsy Lane, Leicester, Leicestershire LE4 9BX Save Lot List Next Lot *Guide | £375,000 (plus fees) Commercial Property Tenure: Freehold Call the team on 0116 222 7575 for more information Legal pack Register to bid Floor plan Finance available on this property | Find out more Auction Date Thu 03/09/2026 Auction Time 14:00 Auction Venue Livestream Viewing Times Please call Auction House Leicestershire on 0116 222 7575 to arrange a viewing Auction information and viewing times Auction Date Thu 03/09/2026 Auction Time 14:00 Auction Venue Livestream Auction Information Auction Conditions Print Page View Larger Map Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding. Previous Next A freehold mix use commercial and residential investment ****For sale by Public Auction on 3rd September 2026 14.00. Register to bid***** An excellent mixed-use freehold investment opportunity in a sought-after location. Two commercial units and two first-floor flats. Each flat is let on assured periodic tenancies at £500.00 per calendar month. Number 292 is let at £475.00 per calendar month, and 290 is currently vacant. There is land to the rear and extensive timbe…

From the Auction House East Midlands listing. Read the full listing and legal pack →

Key facts

1Lot number
CommercialUse class
FreeholdTenure
DEPC
£24K/yrPassing income

Recent sold prices nearby

12 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

6 FA***** CL***LE4 9FS£166,000
19 IR**** RO**LE4 9ES£225,000
58 HA***** RO**LE4 9EQ£305,000

9 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in LE4

Evidence from 472 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+60.3%median uplift
£43,000typical value added
4.7 yearstypical hold period

See 472 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 472 registered sale pairs in LE4 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

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