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Milligan Road, Leicester, LE2
For saleReduced 7 Aug 2026
£190,000Guide price

Milligan Road, Leicester, LE2 8FG

5bedrooms
2bathrooms
End of Terracetype
Freeholdtenure

Listed 8 Oct 2025 · price reduced 7 Aug 2026 · Leicester

How the price compares

This home£190,000
Median 5 bed in LE2£850k21 homes listed · £322 per sq ft
Difference-78%below the area median

Key features

  • This property is for sale by the Modern Method of Auction
  • Great Investment Opportunity
  • Licensed 5 Bedroom HMO Property
  • Freehold Property
  • Three Storey Terraced House
  • Two Bathrooms
  • Garage
  • Double Glazed
  • Gas Central Heating

About this home

Investment Opportunity: Five-Bedroom Licensed HMO – Milligan Road, Aylestone, LE2. This property is for sale by the Modern Method of Auction A five-bedroom, two-bathroom end-of-terrace property offering an excellent investment opportunity in Aylestone. Set over three floors, the property comprises: Five double bedrooms

Two shower rooms

Fitted kitchen

A lounge

Cellar

Externally, the property benefits from a private patio area and a garage, providing both outdoor space and convenient parking or storage space. Potential rental income: £1,600 per calendar month. Agents note: The HMO license is not transferable. The buyer would need to apply for a new license. This property presents an ideal opportunity for investors seeking for a rental property in a popular residential area.

Tenure: Freehold Council tax band: G EPC Rating: 52 E Broadband speed available at the address: Basic (ADSL)10mb, Superfast (FTTC)65mb, Ultrafast (FTTP)1800mb, Overall (Maximum)1800mb

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Free Property Valuation Thinking of selling? We’d be delighted to provide you with a free market appraisal of your property. Contact our office to arrange an appointment! Or follow the link on our website!

EPC Rating: E

Yard There is a small yard outside that leads to the garage. Also a pedestrian gate.

Parking - Garage The property benefits from a detached single garage.

Property details

Property type
End of Terrace
Council tax band
G
Tenure
Freehold
Parking
Garage
Garden
Private garden
Heating
Gas central
Broadband
ADSL copper wire
Electricity
Mains supply
Water
Mains supply

Floorplan

Floor Plans

Location

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1 on this map

  • South Wigston Station1.7 mi
  • Leicester Station2.0 mi
  • Narborough Station3.5 mi

What nearby homes sold for

Median sold prices in LE2 over the last 12 months: terraced £223k · semi-detached £275k · detached £423k · flat £135k.

AddressTypeSoldPrice
244 Milligan Road
Leicester LE2 8FD
Other
Freehold
13 May 2026£800,000
96 Milligan Road
Leicester LE2 8FB
Terraced
Freehold
8 Apr 2026£185,000
178 Milligan Road
Leicester LE2 8FD
Terraced
Freehold
14 Jan 2026£181,000
27 Milligan Road
Leicester LE2 8FF
Terraced
Freehold
9 Jan 2026£215,000
106 Milligan Road
Leicester LE2 8FB
Terraced
Freehold
15 Dec 2025£191,000
274 Milligan Road
Leicester LE2 8FE
Semi-detached
Freehold
14 Nov 2025£210,000
323 Milligan Road
Leicester LE2 8FH
Terraced
Freehold
9 Oct 2025£237,500
212 Milligan Road
Leicester LE2 8FD
Terraced
Freehold
25 Sept 2025£200,000
112 Milligan Road
Leicester LE2 8FB
Terraced
Freehold
25 Jul 2025£190,000
249 Milligan Road
Leicester LE2 8FG
Terraced
Freehold
6 Jun 2025£202,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in LE2

Buying costs

Monthly repayment£950£19,000 deposit · £171,000 loan
Stamp Duty£1,300England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Focus Property Sales and Management, Leicester on Rightmove (original listing). First listed 8 Oct 2025; details checked 7 Nov 2026. Latest change: reduced on 07/08/2026.

Agent disclaimer

Disclaimer - Property reference 10bbe7c9-1770-41da-b179-d6c4e8510c90. 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 Focus Property Sales and Management, Leicester. 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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