Summary - Haynes Road, Leicester LE5 4AQ
1 bed 1 bath Industrial Development
**Standout Features:**
- **Large Site:** Approximately 0.3 acres with a total area of 13,068 sq. ft.
- **Development Potential:** Indicative plans for 9 residential units; also suitable for various alternative uses.
- **Mixed-Use Space:** Includes commercial units, residential dwelling, and two self-contained flats, all needing renovation.
- **Chain-Free Sale:** Immediate possession available.
- **Excellent Transport Links:** Situated near Uppingham Road (A47), just 2 miles from Leicester city center.
- **Off-Street Parking:** Generous rear yard space contributing to storage and circulation.
- **Historical Rental Income:** Previously generated around £50,000 p.a. at below-market rates.
**Concerns:**
- **Condition:** All properties require modernisation.
- **Crime Rate:** Above average in the locality.
- **Market Competition:** New-build houses nearby priced between £300,000 - £325,000.
Elevate your development portfolio with this expansive freehold industrial site located in Leicester's vibrant LE5 postcode. Offering substantial redevelopment potential, this property spans a generous 0.3 acres and features a mix of commercial and residential spaces, ideal for investors seeking to capitalize on the growing demand in the area. With indicative plans available for a nine-unit residential venture, this site presents an exciting opportunity for the proactive developer.
Although the properties require significant renovation, the well-established mixed-use locality is well-connected and within reach of essential amenities, schools, and community facilities, making it a strategic investment. Given its historical rental income and the current demand for residential properties in the vicinity, this listing represents an exclusive opportunity not to be missed. Act fast to explore the transformative possibilities of this large plot, as such potential seldom lingers on the market.
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