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COMMERCIAL

Commercial property for sale

Eaton Court, Vicarage Lane, Eaton

From
£900,000
Bentons, Melton Mowbray
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Ideal Investment Opportunity
  • Freehold Site
  • Over 60's Complex
  • Ten Individual Bungalows
  • Annual Income in excess of £44,000 with Realistic Potential for over £60,000 Income
  • Well Maintained Development
  • Energy Rating: 1 Eaton Court – E, 2 Eaton Court – E, 3 Eaton Court – D, 4 Eaton Court – E, 5 Eaton Court – E, 6 Eaton Court – D, 7 Eaton Court – E, 8 Eaton Court – E
  • Council Tax Band: 1 Eaton Court-A, 2 Eaton Court-A, 3 Eaton Court-A, 4 Eaton Court-A, 5 Eaton Court-B, 6 Eaton Court-A, 7 Eaton Court-A, 8 Eaton Court-B
  • Tenure Freehold
  • Consisting of Six One Bedroom Freehold Bungalows and Two - Two Bedroom Freehold Bungalows

Description

An outstanding investment opportunity to acquire a well-established over-60s residential complex comprising ten bungalows, offering a strong and sustainable income profile. Of these, eight are held freehold, with the remaining two on long leasehold, generating an additional service charge income stream. The development currently produces an annual income in excess of £53,000, with clear scope to increase to approximately £61,760 per annum by aligning rents with modest open market levels. This presents an attractive opportunity to achieve a gross annual return in excess of 6% with even greater yield potential, underpinned by consistent demand for age-restricted accommodation and long-term rental resilience. Set within just over 0.5 acres of immaculately maintained landscaped grounds, the site benefits from a central communal courtyard, complemented by individual private courtyard gardens for each property — a highly desirable feature within this sector. There is a dedicated parking court with allocated spaces for all units, along with a double garage, currently used by the site owner, offering potential for future income or alternative use or development (subject to consent). Ideally positioned within the highly regarded village of Eaton in the Vale of Belvoir, the location combines village appeal with strong tenant demand, supporting both income stability and future capital growth. A rare chance to acquire a diversified residential investment with immediate income, identifiable rental uplift, and long-term asset security. Detailed financial breakdowns and individual property information are available upon request.


Location

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Particulars

Energy Performance Certificates

Epc 1 Eaton CourtEpc 3 Eaton CourtEpc 6 Eaton CourtEpc 7 Eaton CourtEpc 8 Eaton CourtEpc 4 Eaton CourtEpc 5 Eaton CourtEpc 2 Eaton Court

Eaton Court, Vicarage Lane, Eaton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bottesford Station6.4 miles
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About Bentons, Melton Mowbray

47 Nottingham Street Melton Mowbray Leicestershire, LE13 1NN
Industry affiliations:

A WARM WELCOME TO AWARD WINNING BENTONS!

Bentons have grown from a small family firm based in Melton Mowbray to become one of the East Midlands foremost property companies handling properties across Leicestershire, Nottinghamshire, Rutland and Lincolnshire.

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Disclaimer - Property reference BNT250853. 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 Bentons, Melton Mowbray. 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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