Factory Road, Hinckley, LE10

3 bedroom Terraced House in Hinckley

For Sale
Offers Over £140,000
Current Yield 4.8 %
Potential Yield 7.5 %
Property Reference: 216905938
  • Terraced House
  • 3 Bedrooms
  • 1 Bathrooms
  • 1 Receptions

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long-Term Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Good Condition
  • Expansive Lounge
  • Triple-Fixture Bathroom
  • Private yard at the rear
  • The attic/loft space is boarded and may be used for storage at the tenant's discretion
  • Fully double-glazed throughout
  • On-street Parking
  • Easy Access to Local Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This three-bedroom mid-terraced house is located in Hinckley, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns.

This is a brilliant opportunity for investors!

This property features three bedrooms, a spacious lounge, a kitchen, and a bathroom with three fixtures. Additional benefits include a private rear yard, on-street parking, fully double-glazed windows throughout, and a boarded attic/loft space that can be used for storage at the tenant's discretion.

Investment Details:

The property generates an annual gross income of £7,680 which the new owner could increase to a market rate of £12,000 with long-term tenants currently situated. The purchase price makes it a worthwhile addition to any investor’s portfolio.

Please see the Let Property Pack linked below for more details on this property’s investment potential.

Tenancy Details:

The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.

Helpful Information

Council Tax Band: A
Property Reference: 216905938

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £640
  • Potential Rent pcm: £1,000
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 16 years
  • Tenants means of funding: Employment
Property Reference: 216905938
Property Reference: 216905938

Property Location

Similar Properties

  • Kincraig Place
    Blackpool
    Offers Over £110,000
    • 3
    • 1
    • 1
    Terraced House
    Current Yield: 5.4%
    Potential Yield: 7.0%
    View Property
  • Redruth Road
    Liverpool
    Offers Over £150,000
    • 3
    • 2
    End of Terrace House
    Current Yield: 4.2%
    Potential Yield: 6.0%
    View Property
  • Prendwick Court
    Hebburn
    Offers Over £110,000
    • 3
    • 1
    • 1
    Terraced House
    Current Yield: 5.2%
    Potential Yield: 6.9%
    View Property
  • Robarts Road
    Liverpool
    Offers Over £125,000
    • 3
    • 1
    • 1
    Terraced House
    Current Yield: 5.8%
    Potential Yield: 7.0%
    View Property

Request DetailsFactory Road, Hinckley, LE10

Offers Over £140,000

Make an offer
Factory Road, Hinckley, LE10

Listing Price

Offers Over £140,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.