Worst House on the Street Logo
Fosse Road North, Leicester - Image 1
Fosse Road North, Leicester - Image 2
Fosse Road North, Leicester - Image 3
Fosse Road North, Leicester - Image 4
Fosse Road North, Leicester - Image 5
Fosse Road North, Leicester - Image 6
Fosse Road North, Leicester - Image 7

Fosse Road North, Leicester

East Midlands

£290,000

Listed on 17/04/2025

Property details

Bedrooms
2
Type
Terraced
Area
1093 sqft

Features

  • Garden
  • Tenanted

Description

This property presents a noteworthy investment opportunity situated in the vibrant area of Fosse Road North, Leicester. The layout comprises a ground-floor commercial space currently operating as a fish and chip shop, alongside a separately accessed first-floor apartment. This arrangement not only offers immediate rental income but also potential for future enhancement or diversification. The ground floor features an inviting customer area with a large shopfront and serving counter, providing excellent visibility and accessibility. Two well-sized kitchen and preparation zones ensure sufficient capacity for food operations, while additional storage and toilet facilities are located at the rear. The outdoor space includes a paved garden area with side access, which could be leveraged for deliveries or potentially expanded upon with appropriate permissions. On the upper level, the self-contained apartment includes three bedrooms, making it suitable for tenants seeking comfortable living arrangements. Accessed through its own entrance, this spacious unit is fully equipped with essential utilities such as electricity, gas, water, and drainage—ensuring ease of management for any property owner. With a combined rental income from both units that yields approximately 5.5%, this freehold property stands out in terms of investment potential. Its location benefits from significant foot traffic and convenient transport links, appealing to both commercial and residential tenants alike. Moreover, there is ample scope for renovation or redevelopment (subject to planning permission), allowing an owner to capitalize on value enhancement over time. Overall, this unique property not only meets current market demand but also invites creative vision for future development opportunities in a thriving community setting.

Unlock investment analysis

Sign up to see below-market value, yields, renovation ROI, and local market trends for this and every other property.

Sign up free

Already have an account? Sign in

Location

Fosse Road North, Leicester
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,096
Based on a loan of £217,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

-6.5% since listed
£290,000£20,000(-6.5%)
17/02/2026
Current price
£310,000Initial listing
14/10/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates