Summary - SHOP, 279, AYLESTONE ROAD LE2 7QJ
1 bed 1 bath Office
Ideal investor parcel with separate shop and one-bed flat, strong rental potential.
- Freehold mixed-use: ground-floor shop plus one-bed flat above
- Prominent high-street frontage; approx. 560 sq ft commercial space
- Separate access, rear yard and two off-street parking spaces
- Estimated rental yield c.8.6% (information provided)
- Built 1900–1929; solid brick walls, likely no cavity insulation
- High flood risk; will affect insurance and mortgage availability
- Area classified very deprived with above-average crime rates
- Currently let but can be vacant on completion; refurbishment potential
A compact mixed-use freehold on Aylestone Road offering a ground-floor commercial unit and a self-contained one-bedroom flat above. The shop benefits from prominent high-street frontage, open-plan retail/office space and good visibility, while the flat provides immediate rental income or easy occupation after vacant possession. The property is chain-free and presented as an investment with an estimated 8.6% rental yield.
The building dates from the early 20th century and has attractive Victorian features such as bay windows and high ceilings, but the walls are likely uninsulated solid brick. Heating is gas-fired boiler radiators; glazing is double glazed though fit date is unknown. Practical extras include a small rear garden/yard and off-street parking for two cars.
Important considerations: the site sits in a very deprived area with above-average crime and a high flood risk — both factors that materially affect insurance and occupancy. The building may need energy-efficiency upgrades, external repairs or internal refurbishment to maximise rental value or change of use. Broadband speeds are fast and the local catchment suits students and professionals, supporting lettings but also higher tenant turnover.
Overall this is a clear-value opportunity for investors or an owner-operator prepared to manage location-specific risks and carry modest refurbishment works. The mixed-use layout gives flexibility: hold as an income-producing asset, convert the commercial space subject to planning, or refresh both units to increase rents.
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