Fosse Road North, Leicester 2 bed terraced house for sale

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Fosse Road North, Leicester 2 bed terraced house for sale

Fosse Road North, Leicester
£350,000

Our Summary

  • 5% yieldSeparate access for commercial and residential unitsPopular location with high footfall and excellent transport linksScope for future value enhancement or development (STPP)OutsideThe property also includes a rear paved yard with side access, useful for deliveries, bin storage or further development potential (subject to planning)

Description

This substantial freehold property in Leicester offers a unique investment opportunity, comprising a well-established fish and chip shop on the ground floor and a self-contained one-bedroom apartment on the first floor. The shop has a bright and welcoming customer area, two kitchen/prep areas, and additional storage and WC facilities. The apartment features a spacious lounge/bedroom, two further bedrooms, and a bathroom, with separate access via a private entrance. The property benefits from mains services and is fully heated throughout. With a combined commercial and residential rental income generating approximately 5.5% yield, this property presents an attractive investment opportunity, with scope for future value enhancement or development (subject to planning). The property also includes a rear paved yard with side access, offering potential for further development or storage. Viewings are strictly by appointment through the sole agent.