£310,000
Est. Mortgage £1,414 per month*

2 bedroom terraced house for sale

Fosse Road North, Leicester
terraced house terraced house
bedrooms 2 bedrooms

Property description

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

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First listed

Over a month ago

Fosse Road North, Leicester

Marketed by

Fraser Stretton - Leicester 15 Allandale Road Leicester LE2 2DA
Call agent on 0116 484 9432
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£1,414
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Fraser Stretton - Leicester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fraser Stretton - Leicester for full details and further information.