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2 bedroom terraced house for sale

Fosse Road North, Leicester
Chain-free
Terraced house
2 beds
1 bath
Added > 14 days

Key information

TenureFreehold
Council taxBand TBC

Features and description

  • Freehold For Sale
  • Highly Desirable Location
  • Offered with No Upward Chain
  • Rental Yield Of 5.5%.
A fantastic opportunity to acquire a substantial freehold premises situated in a prominent position on the bustling Fosse Road North, Leicester. This versatile property is split between a well-established fish and chip shop on the ground floor and a self-contained, separately accessed first floor apartment, making it an ideal investment for buy-to-let landlords or those looking to add to their portfolio.

Currently let and operating as a fish and chip takeaway (business for sale through separate negotiation), the ground floor includes:

Shop Floor: 5.40m x 3.47m (17'9" x 11'4") - A bright and welcoming customer-facing area with a large shopfront and serving counter.

Two Kitchen/Prep Areas: Total approx. 7.54m x 1.97m - Well-equipped food preparation areas.

Additional Storage/WC Area: 7.29m x 1.97m - Located at the rear of the property with access to a paved rear garden and side access.

First Floor - 3 Bedroom Flat
Accessed via a private entrance, the upper floor comprises a spacious apartment currently let out, featuring:

Lounge / Bedroom 1: 3.63m x 3.97m (11'11" x 13'0")

Bedroom 2: 3.30m x 2.67m (10'10" x 8'9")

Bedroom 3: 2.65m x 1.93m (8'7" x 6'4")

Bathroom: 1.93m x 1.70m (6'4" x 5'7")

The flat benefits from mains electricity, gas, water and drainage and is fully heated throughout.

Investment Highlights
Total Floor Area: Approx. 101.6 sq. m (1093.6 sq. ft)

Combined commercial and residential rental income generating approx. 5.5% yield

Separate access for commercial and residential units

Popular location with high footfall and excellent transport links

Scope for future value enhancement or development (STPP)

Outside
The property also includes a rear paved yard with side access, useful for deliveries, bin storage or further development potential (subject to planning).

Viewings & Further Information
Strictly by appointment through the sole agent: Fraser Stretton

Postcode for Sat Nav: LE3 5BL

Council Tax Band: TBC
Tenure: Freehold

Property information from this agent

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About this agent

Fraser Stretton - Leicester
Fraser Stretton - Leicester
15 Allandale Road Leicester LE2 2DA
0116 484 9432
Full profileProperty listings
Here at Fraser Stretton we employ the very best property experts who offer a bespoke service to meet our individual client’s needs. Our various departments are set up to ensure a specialist and bespoke service is provided for our clients various requirements. Fraser Stretton is a Multi Award Winning company who aim to excel through all their individual departments which are Sales, Lettings & Property Management, Prestige Homes, Auctions, New Home Sales and Land & Development. We are available seven days a week, either in-branch, over the phone, via our website or the property portals. Any communication you have with us is with real people. We develop relationships with our customers so they always know what’s happening. We tailor every marketing campaign to a customer’s requirements and we have access to quality marketing tools such as professional photography, video walk-throughs, drone video footage, 360 virtual property tours and 3D floorplans which brings a property to life on the screen. Our social media presence means the reach here can be exceptional across Instagram, Facebook and LinkedIn. At Fraser Stretton we have the very best, robust systems and services in place to make the journey with us as transparent and smooth as possible Good luck with your property journey. We are here to help you every step of the way.
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