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Flat 48 The Driver Building, 2 Marquis Street, Leicester LE1 6RS

Auction Date: 26/02/2026 9am

Description

A one bedroom duplex apartment situated in highly regarded location within the City Centre.

The apartment is located in a handsome, red brick, converted building only a short stroll from the shops, bars and restaurants of the City Centre and within a five minute walk of the Train Station.

The building has 24 hour coded access, CCTV cameras and a building managers office in the lobby.

An ideal buy to let investment with estimated rental value of £695 pcm/£8340 per annum.

Accommodation

Communal Reception
With secure entry door, post boxes and building managers office.

Living Room 19ft 0 x 11ft 5 (5.79m x 3.48m)
Living room providing access to kitchen and with spiral staircase to mezzanine floor. Hard flooring, Velux window, TV point, wall mounted electric heater.

Kitchen 6ft 0 x 4ft 9 (1.83m x 1.45m)
With base and wall units with work top over, electric hob, sink with drainage unit, plumbing for washing machine, integrated fridge with freezer compartment.

Bedroom 11ft 8 x 10ft 8 (3.56m x 3.25m)
Set on a mezzanine floor overlooking the living area, with wall mounted electric heater, spot lighting.

Shower Room
With low flush W.C, wash hand basin and shower cubicle with electric shower.

Draft Sales Details
These sales details are awaiting vendor approval.

Note
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Leasehold Information
Term, 125 years from 1 January 2004. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Occupancy

Vacant posession upon completion

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. 

Address

Flat 48 The Driver Building, 2 Marquis Street, Leicester LE1 6RS

Sold Prior to Auction

Phillips George

Key Features

  • Council Tax Band: A
  • One Bedroom Apartment
  • Desirable City Centre Location
  • Vacant Possession
  • Ideal Buy To Let Investment
  • Good Order Throughout
  • Viewing Highly Advised
  • EPC Rating: E

Our Nearest Office:

Leicester
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