East Park Road, Evington, Leicester, LE5 5HH

For Sale : Offers Over £300,000
3 bedrooms

Energy Efficiency Rating

Current
Potential
(92-100) a
(81-91) b
(69-80) c
(55-68) d
(39-54) e
(21-38) f
(1-20) g
69
81

Environmental Impact Rating

Current
Potential
(92-100) a
(81-91) b
(69-80) c
(55-68) d
(39-54) e
(21-38) f
(1-20) g
70
85

DO NOT MISS OUT ON THIS SUPERB INVESTMENT OPPORTUNITY This imposing three storey Villa is situated in the heart of the popular city suburb of Evington, being well served for an array of everyday shopping amenities, Leicester University the train station and local Mosques. The accommodation is currently Part Commercial and Part Residential and offered as a part going concern with tenants in situ in the flats, generating a good rental income with the potential to add value. The property currently comprises, Ground Floor, commercial use, First Floor two bed self contained flat and Second Floor one bed self contained flat. The ground floor could be converted to residential use subject to the necessary consents. EPC D-E HIGHLY RECOMMENDED - BOOK EARLY

PROPERTY INFORMATION

The Ground Floor accommodation is currently unoccupied and has formally been used for commercial purposes offering a potential income of £8,000 to £10,000 PA
Alternatively the accommodation could be converted to flats (subject to the necessary consents)
The flats on the first & second floors were converted two years ago
Double Glazed throughout
Electric Heating
Flat 1 E / Flat 2 D

GROUND FLOOR - Commercial

Front Reception Room: 15'8 x 10'8
Rear Reception Room: 13'x 10'9
Utility Room: 4'4 x 3'3
Utility Room: 6'4 x 6'1
Utility Room: 6'1 x 4'9
Sluice Room: 4'9 x 4'7

FIRST FLOOR - Flat 1

Two Bed Flat comprising:
Open plan Lounge with fitted kitchen 15'8 X 10'8
Bed One 10'9 x 10
Bed Two 9 x 7'9
One Shower Room
One WC

SECOND FLOOR - Flat 2

One Bed Flat comprising:
Open plan Lounge with fitted kitchen 15'8 X 10'8
One Double Bedroom 10'9 x 10
One Shower Room

OUTSIDE

Having side gated entry providing independent access to First & Second floor flats:
To the rear of the ground floor is a courtyard area.

RENTAL INCOME

Ground Floor - Commercial £8,000 to £10,000 PA potential revenue
Flat 1 £7,680 PA
Flat 2 £6,000 PA

FREE VALUATION

Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your own property. Please contact Barkers to arrange a mutually convenient appointment on Tel: 0116 270 9394

GENERAL REMARKS

We are unable to confirm whether certain items in the property are in fully working order (i.e. gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate. Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner. Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
MONEY LAUNDERING
Under the Protection Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport or driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase of the sale of a property.
MORTGAGES
Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.
VIEWING TIMES
Viewing strictly by appointment through Barkers Estate Agents.
Hours of Business:
Monday to Friday 9am -5.30pm,
Wednesdays late night until 7pm
Saturday 9am - 4pm

14303379-11876-1-A 27615377
Featured Property
At a Glance...
  • Investment Opportunity
  • Part Commercial - Vacant
  • Part Residential - Let
  • Two Self-contained Flats
  • Three Storey Accommodation
  • Superb Sought After Location
  • Rental Potential £24,000 PA
  • Current Income £13,680 PA

Interested in this property?