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Leicester Road, Hinckley

East Midlands

£425,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached

Description

This Victorian detached property situated in the heart of Hinckley town centre presents a rare opportunity for both investors and developers. Currently functioning as commercial offices, it has secured planning permission for the conversion into four self-contained apartments, making it an ideal candidate for redevelopment. The property boasts many original features and includes a large rear car park and a generous garden space with potential for extension. With gas central heating and double glazing already installed, the groundwork is laid for a successful transformation into residential units or can be reverted to a spacious family home if desired. Located within walking distance of local amenities and transport links, this site promises significant investment potential in a sought-after area. Early interest is encouraged to capitalize on this unique opportunity.

Investment Analysis

(LE10 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE10)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +1.0%
5 year growth: +14.0%
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

Leicester Road, Hinckley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,505
Based on a loan of £318,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

+9.0% since listed
£425,000+£35,000(+9.0%)
20/03/2026
Current price
£390,000Initial listing
01/01/2026

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