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Fosse Road North, Leicester LE3 2 bed terraced house for sale
Fosse Road North, Leicester, LE3
£290,000
Fosse Road North, Leicester, LE3
£290,000
Our Summary
- Externally, the property includes a paved rear yard with side access, offering further potential for deliveries, bin storage or development, subject to planning permission
- With scope for future value enhancement, this is a superb opportunity to secure a mixed-use investment in a thriving part of Leicester
- High-yield investment potential
Description
BM Estates presents a rare opportunity to acquire a substantial freehold property in a prominent location on Fosse Road North, Leicester. The property combines a well-established ground floor commercial unit, currently operating as a fish and chip takeaway, with a self-contained three-bedroom apartment above. The commercial unit features a bright shop front, two kitchen areas, and a rear storage space with WC facilities, as well as direct access to a paved rear garden and side access. The first-floor apartment is currently let and offers a spacious lounge/bedroom, two further bedrooms, and a fitted bathroom, with mains gas, electricity, water, and drainage. The property generates a combined commercial and residential rental income with an approximate yield of 5.5%, and benefits from separate access for both units, ensuring privacy and flexibility for occupiers. With scope for future value enhancement, this mixed-use investment presents an excellent opportunity for investors and landlords in a thriving part of Leicester.