Freehold shop with three bedrooms above — refurbishment opportunity in a well-connected Leicester street.
Freehold Victorian mid-terrace shop with living accommodation
A versatile mid-terrace Victorian shop with freehold living accommodation above, suited to owner-operators or investors. The ground floor provides a sales area, rear store, kitchen, lobby and bathroom; a conservatory opens onto a small private garden. Three bedrooms occupy the first floor, allowing for on-site staff accommodation or family use (note: summary metadata lists one bedroom). The property sits in a busy, primarily residential part of Leicester with good local footfall and excellent mobile and broadband connectivity.
The building retains period character but shows clear signs of neglect and damp in parts; the EPC is very low (234/G) and the walls are solid brick with assumed lack of insulation. These issues mean remedial work will be required to improve thermal performance and long-term condition, but also create scope to add value through refurbishment or conversion works.
Practical positives include mains gas central heating (boiler and radiators), double glazing (installed before 2002), low local crime and very low council tax band. The location is well served by schools (including outstanding and good-rated primary schools), shops and transport links, making the site attractive for a local retail business with accommodation above or as an income-generating investment.
Buyers should be aware of a medium flood risk and the property’s small plot size. For purchasers seeking a project with income potential, this freehold property offers clear upside after targeted repairs, insulation improvements and cosmetic renewal. Internal inspection is recommended to assess scope and costs precisely.