Leicester Road, Hinckley

East Midlands

£400,000

Listed on 06/03/2026

Property details

Bedrooms

Type

Detached

Description

This converted Victorian detached property located in the centre of Hinckley offers significant renovation and investment potential. Currently utilized as commercial office space, it has received planning permission to transform into four residential apartments, capitalizing on the high demand for housing in the area. The property features a spacious rear car park and a large garden, providing opportunities for further development or enhancements. A viewing is recommended to fully appreciate the possibilities this versatile space affords.

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Investment analysis

(LE10 area)

Area Average

£279/sq ft

Avg Rent (weekly)

£223

Avg Yield

3.8%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£150,000 - £250,000

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

11%

Properties sold annually

Local Market Trend (LE10)

Area prices are stable by -2.0% over the last 12 months

3 year growth: +2.7%

5 year growth: +13.4%

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

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£1,511

Based on a loan of £300,000 over 30 years at 4.45% 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

Buyer type *

I am a UK resident

Price History

-5.9% since listed

£400,000£25,000(-5.9%)

26/06/2026

Current price

£425,000Initial listing

06/03/2026

Next Steps

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Similar properties

Leicester Road, Hinckley

Property details

Description

Interested in similar properties?

Investment analysis

Renovation Potential

Local Market Trend (LE10)

Location

Mortgage calculator

Stamp duty calculator

Price History

Next Steps

Get help with this property

Next Steps

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