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Fosse Road North, Leicester 2 bed terraced house for sale
Fosse Road North, Leicester LE3
£310,000
Fosse Road North, Leicester LE3
£310,000
Our Summary
- Scope for future value enhancement or development (STPP)
- The 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 ground floor shop is currently let and operating as a takeaway, with a large shopfront, serving counter, and two kitchen/prep areas. The first floor apartment is also let and features a lounge, three bedrooms, and a bathroom. The property benefits from a combined commercial and residential rental income, generating a 5.5% yield, and has separate access for both units. With a total floor area of approximately 1,093.6 sq ft, the property is situated in a popular location with high footfall and excellent transport links, offering scope for future value enhancement or development (subject to planning).