Mere Road, Spinney Hills, Leicester

Semi-Commercial Opportunity – 6% Rental Yield!

Seths are delighted to bring to market this fantastic semi-commercial property on Mere Road, Spinney Hills. Ideally located in a bustling area with local schools, shops, and places of worship, this property offers an excellent investment opportunity.

The ground floor comprises a well-established barber shop, generating a steady rental income, while the first floor features a spacious 2-bedroom flat earning rental income from the first day you buy it!

Achieving a strong 6% rental yield, this is a fantastic opportunity for investors looking for a mixed-use property in a prime location.

Contact Seths today to arrange a viewing.

Ground Floor -

Shop Floor - 9.16 x 3.61 (30'0" x 11'10") - Laminate flooring, WC, wash hand basin with electric shower

First Floor -

Entrance Hall -

Kitchen - 3.37 x 2.27 (11'0" x 7'5") - Base and eye level units, sink with mixer tap and drainer, laminate flooring, space for 4 ring gas hob, space and plumbing for washing machine and space for fridge freezer, uPVC double glazed window

Bedroom 1 - 3.38 x 2.03 (11'1" x 6'7") - Carpeted, radiator, uPVC double glazed window

Bedroom 2 - 2.08 x 2.03 (6'9" x 6'7") - Carpeted, radiator, uPVC double glazed window

Lounge / Diner - 5.61 x 2.82 (18'4" x 9'3") - Laminate flooring, x2 radiator, storage cupboard, uPVC double glazed window

Bathroom - WC, wash hand basin with mixer tap and vanity units, shower cubicle with mixer tap, extractor fan, tiled flooring, tiled walls, radiator

Additional Info - Tenure: Freehold
EPC rating: D
Council Tax Band: A (First floor flat)
Council Tax Rate: £1,528.34 (First floor flat)
Mains Gas: Yes
Mains Electricity: Yes
Mains Water: Yes
Mains Drainage: Yes
Broadband availability: Full Fibre Broadband