£190,000
Retail premises for saleGlenfield Road East, Leicester LE3
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About this property
Description
Investment Opportunity: Mixed Commercial & Residential Property
A prime mixed-use investment opportunity located on Glenfield Road East, Leicester, LE3 5QW, available for £190,000. This versatile freehold property features a ground-floor commercial shop with residential accommodation above, offering an ideal project for developers, flippers, or buy-to-let investors looking to add significant value.
Key Features
* Dual-Income Potential: Ground-floor retail space with a self-contained or accessible residential unit on the upper floors.
* Development Flexibility: The upper residential section is highly adaptable. It could be converted into high-yield student accommodation or split into multiple self-contained flats (subject to planning permission).
* Superb Location: Situated in a high-demand area with excellent transport links and local amenities.
Strategic Location & Amenities
* Universities: Excellent proximity to local university campuses, ensuring a consistent stream of student tenants.
* Healthcare: Close to the hospital, making it highly attractive to medical professionals and nhs staff.
* Connectivity: Fantastic transport links with easy access to the motorway network and local bus routes.
Project Potential
The property requires a full scheme of refurbishment and modernization throughout, making it an excellent option for a flip project or a buy-to-refurbish-to-let strategy. This is a rare chance to acquire a multi-income asset in a thriving Leicester location at a competitive entry price.
Investment Opportunity: Mixed Commercial & Residential Property
A prime mixed-use investment opportunity located on Glenfield Road East, Leicester, LE3 5QW, available for £190,000. This versatile freehold property features a ground-floor commercial shop with residential accommodation above, offering an ideal project for developers, flippers, or buy-to-let investors looking to add significant value.
Key Features
* Dual-Income Potential: Ground-floor retail space with a self-contained or accessible residential unit on the upper floors.
* Development Flexibility: The upper residential section is highly adaptable. It could be converted into high-yield student accommodation or split into multiple self-contained flats (subject to planning permission).
* Superb Location: Situated in a high-demand area with excellent transport links and local amenities.
Strategic Location & Amenities
* Universities: Excellent proximity to local university campuses, ensuring a consistent stream of student tenants.
* Healthcare: Close to the hospital, making it highly attractive to medical professionals and nhs staff.
* Connectivity: Fantastic transport links with easy access to the motorway network and local bus routes.
Project Potential
The property requires a full scheme of refurbishment and modernization throughout, making it an excellent option for a flip project or a buy-to-refurbish-to-let strategy. This is a rare chance to acquire a multi-income asset in a thriving Leicester location at a competitive entry price.
Mortgage calculator
Monthly repayment
£950 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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