4-bedroom flat · LE2 6QT
For saleListed 14 days
Opportunity summary
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About
*** SHOP WITH TERRACED HOUSE - INVESTMENT OPPORTUNITY - UPGRADING WORKS *** Seths Estate Agents are pleased to bring to market this unique investment opportunity comprising a shop with an adjoining terraced house located on Southfields Drive in Eyres Monsell, Leicester.
In need of upgrading works throughout and offered to the market with no onward chain, this is a compelling proposition for investors and developers looking to acquire a versatile mixed-use property with genuine potential.
To the rear, the property features an ample sized slabbed garden with two brick-built sheds, enclosed by a brick-built perimeter, with potential to extend, subject to the necessary planning permissions.
The shop briefly comprises a shop front with access to a cellar, a lobby with WC, sink, and shower cubicle, and a utility room with access to the rear garden.
The adjoining terraced house is arranged across two floors, comprising an entrance, a lounge, a sitting room with access to the rear garden, and a well-appointed kitchen on the ground floor.
To the first floor are three bedrooms, one with an adjoining office, a family bathroom, and a landing with storage. Contact Seths to arrange a viewing.
Ground Floor - Commercial - Shop Front - 5.81m x 3.09m (19'0" x 10'1" ) - Tiled flooring, double-glazed window to the front aspect. Accessed via a door from outside.
Provides access to the cellar and lobby. Cellar - Accessed from the shop front. Provides useful storage space. Lobby - Includes WC, base-level unit, stainless steel sink and standing shower cubicle.
Provides access to the utility room. Utility Room - 4.31m x 2.66m (14'1" x 8'8" ) - Vinyl flooring, partially tiled walls. Door providing access to the rear garden.
Residential - Entrance - Lobby - 2.41m x 1.88m (7'10" x 6'2" ) - Stairs leading to the first floor, double-glazed window to the front aspect.
Lounge - 3.59m x 2.60m (11'9" x 8'6") - Laminate flooring, double-glazed window to the front aspect. Provides access to the sitting room.
Sitting Room - 3.58m x 2.87m (11'8" x 9'4" ) - Laminate flooring, double-glazed window to the rear aspect. Door providing access to the rear garden.
Kitchen - 3.63m x 2.92m (11'10" x 9'6" ) - Laminate flooring, base and eye-level units, four-ring gas hob with integrated extractor over, stainless steel sink, partially tiled walls, double-glazed window to the rear aspect.
Door providing access to the rear garden.
First Floor - Landing - 3.39m x 3.28m (11'1" x 10'9" ) - Carpeted flooring, radiator, storage cupboard over the stairs, double-glazed window to the front aspect.
Bedroom One - 3.36m x 2.99m (11'0" x 9'9" ) - Carpeted flooring, double-glazed window to the front aspect.
Provides access to the office, Separated by stud wall Office - 2.94m x 2.14m (9'7" x 7'0" ) - Vinyl flooring, double-glazed window to the rear aspect.
Bedroom Two - 3.52m x 3.19m (11'6" x 10'5") - Carpeted flooring, radiator, double-glazed window to the rear aspect.
Bedroom Three - 3.29m x 3.18m (10'9" x 10'5" ) - Vinyl flooring, radiator, double-glazed window to the rear aspect.
Bathroom - Tiled flooring, partially panelled walls, panelled bath, wash hand basin, WC.
Outside - To the rear, the property benefits from an ample sized garden with potential to extend, subject to planning permission, comprising a slabbed rear garden with two brick-built sheds, secluded by a brick-built perimeter.
Freehold - Council Tax Band - B - Business Rates - £3,700 - Additional Information - Tenure: Freehold EPC rating: D Council Tax Band: B (Leicester) Council Tax Rate: £1,966.81 Business Rates: £3,700.00 Mains Gas: Yes Mains Electricity: Yes Mains Water: Yes Mains Drainage: Yes Broadband availability: Superfast Fibre Broadband
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
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