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Fosse Road North, Leicester 2 bed terraced house for sale
Fosse Road North, Leicester
£325,000
Fosse Road North, Leicester
£325,000
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, with a well-established fish and chip shop on the ground floor and a self-contained first-floor apartment. The shop, currently let and operating as a takeaway, boasts a bright and welcoming customer area, two kitchen/prep areas, and additional storage and WC facilities. The upper floor apartment, also let, features three bedrooms, a lounge, and a bathroom, with its own private entrance. With a combined total floor area of approximately 101.6 sq. m, the property generates a rental income of around 5.5% yield. The property's location on Fosse Road North, with high footfall and excellent transport links, makes it an attractive investment opportunity. Additionally, there is potential for future value enhancement or development, subject to planning permission.