Summary - Sawley Street, Off Evington Road, Leicester LE5 5JR
2 bed 1 bath Commercial Property
**Standout Features:**
- Freehold status with no chain
- Ground floor corner shop with butcher counter (A1 Commercial License)
- Separate 2-bedroom flat above for rental or personal use
- Excellent foot traffic location
- Current rental income of £1,000 PCM with potential for increase
- Average property size of 884 sq ft
- Council Tax Band A (affordable tax rates)
- High broadband speeds and excellent mobile signal
**Concerns:**
- Older solid brick construction (1900-1929) with no insulation
- Basic bathroom condition needing modernization
- High crime rate in the area
- Potential maintenance required due to age and condition
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This unique investment opportunity offers both commercial and residential potential in a popular urban setting off Evington Road, Leicester. The ground floor corner shop, designed for high foot traffic, is equipped with a butcher counter and walk-in freezer, ideal for business operations. Above, a cozy 2-bedroom flat provides an attractive living space for a small family or an additional rental source. The property boasts a solid projected yield of 6%+, currently generating rental income of £1,000 per month with the possibility for increases.
Though it carries the charm of a Victorian mid-terrace, the property is showing signs of age, with a basic shower room in need of modern updates. The location benefits from rapid broadband and essential local amenities while being mindful of the area’s high crime rate. This rare opportunity won't last long—seize it today and explore the possibilities of both immediate income and long-term value!
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