1 Bed Terraced House For Sale

Myrtle Road, Leicester

LE2 1FU

£125,000

Added 14 Sep 2023

Property Details

Property Type

Terraced House

Bedrooms

1

Location

LE2

Description

Unique opportunity to purchase this outstanding freehold commercial unit, featuring a two-story building and an adjacent warehouse. Positioned in a prime location, this property not only boasts excellent condition but also a reliable tenant who has occupied it since September 2021, with a lease extending until March 2025, generating a monthly rent of £600.



This property comprises a versatile two-story building and an adjoining warehouse, offering a multitude of possibilities for businesses or potential redevelopment. Additionally, the lease includes full repair and maintenance provisions, meaning minimal landlord responsibilities. Your investment will be hassle-free, ensuring consistent rental income without the burden of maintenance.



Consider the potential to transform this property into a one or two-bedroom flat (subject to planning permission) to maximize your investment returns. The property is fully equipped with essential utilities, including electricity and water, facilitating seamless operation for the current tenant or any future ventures.



Whether you're an experienced investor or new to real estate, this property offers a unique blend of immediate rental income, minimal landlord obligations, and the promise of future development. The tenant's commitment until March 2025 provides peace of mind, while the conversion potential adds versatility to this investment.



For additional information or to arrange a viewing, please contact us today.

Location

Map showing LE2 1FU

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Adore Fine Homes Limited directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Adore Fine Homes Limited

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