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Outlands Drive, Hinckley, LE10 - Image 1
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Outlands Drive, Hinckley, LE10

East Midlands

£240,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
893 sqft

Description

This charming three-bedroom semi-detached residence presents an excellent opportunity for those looking to invest in a property with significant renovation potential. The layout of the home features a practical entrance porch and hall, leading to an inviting open-plan lounge and dining area that serves as the central hub of the house. A functional kitchen and a recently added ground-floor WC enhance usability. On the upper level, there are three well-sized bedrooms complemented by a modern family bathroom. The property enjoys its unique position on a large corner plot, opening up possibilities for substantial extensions or alterations (subject to planning approval), enabling future owners to create additional living space and increase property value considerably. Located in the desirable area of Hinckley, this property is conveniently close to local amenities, including shops, schools, and parks, making it an ideal choice for families. Connectivity is enhanced with easy access to major routes like the A5 and M69, which link to Leicester, Coventry, and Birmingham. Outdoor space is generous; the rear garden requires minimal upkeep, predominantly paved for convenience. Enhanced off-road parking facilities are also available along with a detached garage equipped with light and power—ideal for storage or as a workshop. This home combines immediate comfort with remarkable investment potential in a sought-after locality.

Investment Analysis

(LE10 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£269/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£274,160
10% above area average per sq ft
Potential ROI
-2.1%
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

Outlands Drive, 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
£879
Based on a loan of £180,000 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