This property has been taken off the market.

House For Sale Melton Road, Leicester, LE7

£450,000

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Last Updated: 25th April 2024

Description

The property is located on Melton Road, Syston within an area populated by professional commercial offices and various local and national retailers.\r
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The property was converted to it's current use from 2 cottages dating back to Victorian era. Outside there is a small rear yard with a pedestrian gate on to Central Park and off road parking to the side elevation.\r
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The property has flexible and adaptable accommodation over two floors and would suit a variety of commercial uses.\r
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Potential to convert back into residential use:\r
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Basement - 3.90m x 3.50m\r
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Ground Floor\r
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Entrance porch leading to hall\r
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Office 1 - 4.10m x 4.10m\r
Office 2 - 4.10m x 3.90m\r
Store Room - 4.25m x 3.20m\r
Kitchen\r
WC\r
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First Floor\r
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Office 3 - 4.10m x 4.10m\r
Office 4 - 4.10m x 4.00m\r
Office 5 - 4.70m x 2.50m\r
Office 6/Store Room - 3.70m x 2.50m\r
Store Room - 2.50m x 1.65m\r
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Rates\r
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The properties current rateable value (1 April 2023 to present) is £10,500.\r
This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.\r
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Important Information:\r
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All statements contained in these particulars are provided in good faith and are believed to be correct, but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are or are intended to be statements or representations of fact or opinion by either the vendor or Roy Green or its employees or agents. All illustrations are for marketing purposes only and all interested parties are to make their own enquiries into the boundaries and title plans.\r
Neither Roy Green its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.\r
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Health & Safety:\r
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You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting.\r
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VIEWING\r
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Viewing is strictly via appointment only and with Sole agents - Roy Green
Agent Details
Roy Green Surveyors, Letting & Estate Agents
First Floor, 15 The Nook, Anstey, Leicester, LE7 7AZ

Investment Analysis

Annual Rent:
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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested