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Strathmore Road, Hinckley, LE10 - Image 1
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Strathmore Road, Hinckley, LE10

East Midlands

£150,000
Listed on 26/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
675 sqft

Description

Nestled on a desirable residential street in Hinckley, this traditional bay-fronted detached house presents an exciting opportunity for renovation enthusiasts. Currently designed as a two-bedroom home, there is significant potential to reconfigure the space into a three-bedroom layout, enhancing its appeal for families or investors. The property also boasts ample room for potential extensions, pending appropriate planning permissions, making it ideal for those looking to expand and add value. While it requires comprehensive refurbishment—most notably lacking a central heating system—it offers a blank canvas for creative renovations. The expansive rear garden adds outdoor potential, complementing the property's proximity to local amenities and reputable schools such as Richmond Primary School and Hastings High School. Additionally, convenient access to major roadways like the A5 and M69 enhances its appeal for commuters seeking regional links.

Investment Analysis

(LE10 area)

Below Market Value

This property is priced -20.4% below area average per sq ft

-20.4%
Potential saving
This Property
£222/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£207,232
10% above area average per sq ft
Potential ROI
-13.7%
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

Strathmore Road, 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
£549
Based on a loan of £112,500 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