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Well Located Freehold Industrial Ground Rent Investment, Leicester, LE4

350 Melton Road, Leicester, Leicestershire, LE4 7SL

A freehold ground rent investment in Leicester (LE4), freehold. Allsop is selling it at auction on Wednesday 11 November, with a guide of £750,000 - £800,000. The auctioneer's listing says it comes with a tenant in place. The stated rent is £30,000 a year, about 4% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Allsop's lot page.

From the auctioneer's description:tenantedStated rent £30,000 a year · 4% gross on the guide
Guide price
£750,000 - £800,000
18days
13hrs
12mins
18secs
Wed 11 NovAdd to calendar

Status verified with Allsop 1 hour ago

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Location

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Leicester, LE4. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£779,000See breakdown
  • Price£750,000
  • Buyer's / admin fee£2,000
  • Stamp duty (non-residential) estimate£27,000
  • Legal pack and searches£0
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Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work

Key facts

Type
Well Located Freehold Industrial Ground Rent Investment
Bedrooms
Not published
Tenure
Freehold
Council tax band
See legal pack
Auction
Wednesday, 11 November 2026
Lot number
22
Auctioneer
Allsop
Postcode
LE4 7SL

Listed by Allsop · Lot 22 · Checked 23 Oct, 20:23

Sale history

No past sales found for this exact address. It may not have sold since 1995, or be listed under a different name.

Recent sales in LE4 7SL

  • 340 Melton Road · Other · Feb 2019£695,000
  • 406 Melton Road · Semi-detached · Apr 2007£190,000
  • 400 Melton Road · Semi-detached · Jun 2005£119,850
  • 408 Melton Road · Semi-detached · Feb 2002£85,000
  • 408 Melton Road · Semi-detached · Jun 1999£59,000
  • 404 Melton Road · Semi-detached · Jun 1998£66,000

Contains HM Land Registry data © Crown copyright and database right. Licensed under the Open Government Licence v3.0. England and Wales only.

Around here

Photos taken nearby by Geograph contributors. They show the area, not necessarily this property.

Melton Road, Leicester
Melton Road, Leicester · about 50 m away
© Mat Fascione, CC BY-SA 2.0
Benchmark on Melton Road electricity substation
Benchmark on Melton Road electricity substation · about 60 m away
© Roger Templeman, CC BY-SA 2.0
Melton Road, Leicester
Melton Road, Leicester · about 60 m away
© Mat Fascione, CC BY-SA 2.0
Electricity substation, Melton Road
Electricity substation, Melton Road · about 70 m away
© Roger Templeman, CC BY-SA 2.0

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2-minute explainer: Guide price vs reserve priceRead before you bid