2 bed property for sale

Mere Road, Spinney Hills, Leicester LE5

Semi-Commercial Opportunity – 6% Rental Yield!

Seths are delighted to bring to market this fantastic semi-commercial property on Mere Road, Spinney Hills. Ideally located in a bustling area with local schools, shops, and places of worship, this property offers an excellent investment opportunity.

The ground floor comprises a well-established barber shop, generating a steady rental income, while the first floor features a spacious 2-bedroom flat earning rental income from the first day you buy it!

Achieving a strong 6% rental yield, this is a fantastic opportunity for investors looking for a mixed-use property in a prime location.

Contact Seths today to arrange a viewing.

Ground Floor

Shop Floor (9.16 x 3.61 (30'0" x 11'10"))

Laminate flooring, WC, wash hand basin with electric shower

First Floor

Entrance Hall

Kitchen (3.37 x 2.27 (11'0" x 7'5"))

Base and eye level units, sink with mixer tap and drainer, laminate flooring, space for 4 ring gas hob, space and plumbing for washing machine and space for fridge freezer, uPVC double glazed window

Bedroom 1 (3.38 x 2.03 (11'1" x 6'7"))

Carpeted, radiator, uPVC double glazed window

Bedroom 2 (2.08 x 2.03 (6'9" x 6'7"))

Carpeted, radiator, uPVC double glazed window

Lounge / Diner (5.61 x 2.82 (18'4" x 9'3"))

Laminate flooring, x2 radiator, storage cupboard, uPVC double glazed window

Bathroom

WC, wash hand basin with mixer tap and vanity units, shower cubicle with mixer tap, extractor fan, tiled flooring, tiled walls, radiator

Additional Info

Tenure: Freehold
EPC rating: D
Council Tax Band: A (First floor flat)
Council Tax Rate: £1,528.34 (First floor flat)
Mains Gas: Yes
Mains Electricity: Yes
Mains Water: Yes
Mains Drainage: Yes
Broadband availability: Full Fibre Broadband