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Middlefield Lane, Hinckley, LE10 - Image 1
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Middlefield Lane, Hinckley, LE10

East Midlands

£350,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
980 sqft

Description

Nestled in one of Hinckley’s well-established residential neighborhoods, this detached home offers significant opportunities for renovation and investment. The property is strategically situated on a sizable plot, featuring an extensive garden that spans approximately 110 feet. This outdoor space not only presents possibilities for landscaping but also offers the potential for future development, pending necessary approvals. Convenience is a key highlight of this location, with access to local schools, shopping amenities, and transport links nearby. Such accessibility makes it an appealing choice for families and commuters alike. Properties in this area are seldom available on the market, and with no onward chain, this home stands out as a rare opportunity for those looking to enhance its value over time. Upon entering, you are greeted by an entrance hallway that retains the original hardwood parquet flooring beneath the carpet, allowing for restoration that would bring character back into the space. The lounge features a charming bay window and a brick-built fireplace, both elements ripe for modernization while keeping the home's nostalgic charm intact. The kitchen showcases shaker-style cabinetry and opens into a utility room that includes plumbing provisions for various appliances. This layout provides ample scope for reconfiguration or redesign to suit contemporary living standards. The sunroom at the rear invites natural light and offers additional access to the property’s garage. The upstairs bedrooms include built-in storage solutions and share a bathroom equipped with essential fixtures. The expansive garden is predominantly laid to lawn with patio areas perfect for entertaining or relaxing outdoors. A unique feature is the remains of a working well with an electric pump, which could add an interesting dimension to any landscaping plans. For parking needs, there is both a large driveway suited for multiple vehicles and a garage equipped with power and lighting. Overall, this property holds genuine long-term potential; whether through updates to its existing structure or exploring expansion options in one of Hinckley's most desirable locales.

Investment Analysis

(LE10 area)

Above Market Value

This property is priced +28.0% above area average per sq ft

+28.0%
This Property
£357/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£300,870
10% above area average per sq ft
Potential ROI
-22.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE10)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 2.3%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on LE10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Middlefield Lane, Hinckley, LE10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE