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Factory Road, Hinckley, LE10

East Midlands

£150,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
702 sqft

Description

Presenting an excellent investment opportunity in a desirable central location of Hinckley, this two-bedroom mid-terrace property on Factory Road is perfect for those looking to make their mark. While the home requires some updating throughout, the bathroom has already benefited from a recent renovation, allowing for immediate usability. This aspect makes it particularly appealing to first-time buyers and investors eager to personalize a space according to their tastes. Ideally situated within walking distance of the town centre, residents will enjoy easy access to local amenities, including shops, cafés, restaurants, supermarkets, and schools, as well as main bus routes that enhance convenience for daily commuting. Upon entry, you are greeted by a carpeted front lounge that overlooks the street through its large window. The rear of the property features a functional kitchen diner equipped with base units and appliances that offer both practicality and potential for modernization. Adjacent to the kitchen is a useful rear lobby leading to the back door and utility area with plumbing for laundry appliances. The spacious principal bedroom boasts high ceilings and a characterful fireplace while inviting natural light from its double windows. A second generously sized double bedroom at the back provides additional comfort and storage options. The external space comprises a manageable garden with patio areas for outdoor enjoyment and good potential for off-road parking subject to relevant permissions. This property stands out as a unique chance to acquire a home in need of thoughtful updates in a prime location.

Investment Analysis

(LE10 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£214/sq ft
Area Average
£280/sq ft
Avg Rent (weekly)
£228
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£216,293
10% above area average per sq ft
Potential ROI
+23.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (LE10)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +1.4%
5 year growth: +17.3%
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

Factory Road, Hinckley, LE10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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