90-90a Vernon Road

Sold Subject to Contract £450,000

This is a rare opportunity to acquire a substantial commercial unit and a five bedroom terraced house, expected to generate a yield of in the region of 10% on investment for the buyer. The properties have been owned for approx 30 years and are being sold due to retirement. The buyer will find the properties to be in excellent, modern order throughout having been upgraded and well maintained.
There is uPVC double glazing throughout, gas central heating, modern fixtures and fittings and appealing floor coverings.

The commercial unit is tucked behind a secure roller shutter gate which opens up into a courtyard that gives access to the substantial workshop space which includes a kitchen area, WC, A ground floor office with stairs leading to a further first floor office space which serves access to the roof terrace.

The terraced property is spread over two floors and is split into two self contained apartments. The ground floor has a lounge diner, kitchen, hallway, double bedroom, bathroom and access to the cellar below that has not been tanked. The first floor offers four double bedrooms, lounge, kitchen, bathroom, separate WC and a small shower room. There is one electricity, gas and water meter for the property.

Current rental income generated is in the region of £2300 per calendar month.

The property is close to the Leicester Royal Infirmary, Leicester City Centre, Leicester Train Station, Local Bus Travel Links, convenience stores, food outlets, parkland, Leicesters sporting venues and is within 5 miles to M1/M69 motorway links.
  • Five Bedroom Terrace Property & Commercial Premises
  • Circa 10% Yield On Investment
  • 4022 sq ft Includes Cellar & Roof Terrace
  • House Includes Two Kitchens & Two Reception Rooms
  • Turn Key Investment
  • House Currently Fully Tenanted
Floorplan for 90-90a Vernon Road

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