George Street, Hinckley, Leicestershire, LE10 0AL - Image 1

George Street, Hinckley, Leicestershire, LE10 0AL - Image 2

George Street, Hinckley, Leicestershire, LE10 0AL - Image 3

George Street, Hinckley, Leicestershire, LE10 0AL

East Midlands

£350,000

Listed on 23/04/2026

Property Details

Bedrooms

N/A

Type

Light Industrial

Area

2755 sqft

Description

This property, previously used as a garage by Royal Mail, presents a unique opportunity for redevelopment in the heart of Hinckley town centre. Constructed with cavity brickwork and featuring a flat roof, the premises come equipped with a concertina loading door facing Lancaster Road, providing adaptable access for various business needs. The interior hosts metal framed double glazed windows, solid concrete flooring, and suspended ceilings fitted with fluorescent strip lighting. Given its location and structure, this property holds significant potential for transformation into diverse commercial or mixed-use projects, pending planning approval.

Investment Analysis

(LE10 area)

Below Market Value

This property is priced -54.5% below area average per sq ft

-54.5%

Potential saving

This Property

£127/sq ft

Area Average

£279/sq ft

Avg Rent (weekly)

£222

Avg Yield

3.8%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£25,000 - £50,000

Target Value

£846,116

10% above area average per sq ft

Potential ROI

+111.5%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

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

George Street, Hinckley, Leicestershire, LE10 0AL

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments

£1,240

Based on a loan of £262,500 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

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

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Similar Properties

George Street, Hinckley, Leicestershire, LE10 0AL

Property Details

Description

Investment Analysis

Below Market Value

Renovation Potential

Local Market Trend (LE10)

Location

Mortgage Calculator

Stamp Duty Calculator

Next Steps

Get help with this property

Next Steps

Get help with this property

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