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90-90a Vernon Road

PROPERTY TYPE

Terraced

BEDROOMS

5

SIZE

2,158 sq ft

200 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 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

Description

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.

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

90-90a Vernon Road

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • South Wigston Station1.8 miles
  • Leicester Station1.8 miles
  • Narborough Station3.7 miles
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About the agent

Home Property Sales, Leicester

Home Property Sales & Lettings 23 Meadvale Road Knighton Leicester LE2 3WN

Home Property Sales, Leicester

The qualified and experienced agents at Home Property Sales know that Estate Agency isn't just about prices achieved; it's also about relationships. Established in 2021, we match our clients in The Midlands with properties that fit their lifestyle and budget.

We understand that buying or selling a home isn't just a business transaction, it's a whole new beginning. That's why we offer an extensive array of services, as well as the human touch, making the process as easy and hassle-free a

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Disclaimer - Property reference HLE-46684929. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Home Property Sales, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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