Summary -
75a, Leicester Road,Mountsorrel,LOUGHBOROUGH,LE12 7AJ
LE12 7AJ
2 bed 1 bath Flat
Ready-made rental income with development potential in a central location.
Freehold two-bedroom flat above commercial premises
Current gross annual rent £8,220; tenant in situ and paying reliably
Indicative gross yield approximately 7.15% at £115,000
Approx. 667 sq ft — compact, average-sized accommodation
On-street parking only; no private parking provision
Victorian mixed-use building — potential, subject to planning
Above-average local crime rates to consider for lettings
Average mobile and broadband speeds; not high-tech ready
A two-bedroom flat set above ground-floor commercial premises on Leicester Road, Mountsorrel, offered freehold and currently let. The property produces a gross annual rent of £8,220, giving an indicative gross yield of about 7.15% at the asking price of £115,000 — a straightforward addition for a buy-to-let portfolio.
The flat is compact (approximately 667 sq ft) with lounge, two bedrooms, kitchen and three-piece bathroom. Tenants have occupied the property for several years, pay rent reliably and do not intend to vacate, creating immediate income but meaning the sale will be subject to an existing tenancy. On-street parking is available only; there is no private parking.
This property sits in a Victorian mixed-use building on a main road, which brings passing trade and potential commercial activity at street level. That location suits investors seeking steady rental income or developers willing to explore alternative uses, though any residential-to-commercial conversion or significant works would require planning permission and local consultation.
Notable constraints include above-average local crime rates, average mobile and broadband speeds, and the Buyers Premium that will apply to secure a purchase. These factors, plus the urban main-road setting and on-street parking, are realistic considerations for long-term lettings or re-letting to different tenant profiles.
2 bedroom flat for sale in Jordean Court, Brook Street, Sileby, LE12 — £103,500 • 2 bed • 1 bath • 527 ft²
2 bedroom flat for sale in East Leake, Loughborough, LE12 — £85,000 • 2 bed • 1 bath
2 bedroom flat for sale in Sandhills Avenue, Leicester, Leicestershire, LE5 — £120,000 • 2 bed • 2 bath • 689 ft²
2 bedroom flat for sale in Grosvenor Gate, Leicester LE5 — £110,000 • 2 bed • 2 bath • 813 ft²
2 bedroom flat for sale in River Buildings, Western Road, Leicester, LE3 — £117,000 • 2 bed • 1 bath • 689 ft²
1 bedroom flat for sale in Watkin Road, Leicester, LE2 — £125,000 • 1 bed • 1 bath • 613 ft²
