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Princess Road, Hinckley

East Midlands

£260,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious detached family home presents a valuable opportunity for those looking to invest in a property with significant renovation potential. Nestled in a highly sought-after town center location, the residence is conveniently positioned close to local amenities and transport links, making it ideal for both families and commuters. Upon entering, you are greeted by an entrance hall that leads into the kitchen, providing a functional space with built-in storage and ample room for appliances. The lounge/dining area is generously sized, featuring a traditional brick fireplace and sliding patio doors that open up to the rear garden, creating opportunities for enhancing indoor-outdoor living. The first floor comprises three well-proportioned bedrooms, each benefiting from natural light through UPVC double-glazed windows. The bathroom requires modern updates but offers a classic layout with essential fittings. This presents an excellent chance to personalize the space according to your preferences. Externally, the property offers off-road parking with a driveway leading to a garage equipped with power and light—ideal for additional storage or workshop potential. The mature rear garden is fully enclosed and features a lawn along with various shrubs and flower borders, offering scope for landscaping or expansion of outdoor living areas. With no onward chain, this property invites you to explore its full potential while enjoying the conveniences of its central location. This home is poised for transformation into a modern haven tailored to your individual style.

Investment Analysis

(LE10 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Princess Road, Hinckley
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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
£952
Based on a loan of £195,000 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