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Castle Street, Hinckley, Leicestershire, LE10 1DA

East Midlands

£675,000
Listed on 29/03/2026

Property Details

Bedrooms
N/A
Type
Retail Property (high Street)
Area
5651 sqft

Description

This property presents a compelling investment opportunity with two well-positioned retail units in the heart of Hinckley town centre, currently leased to reputable national brands. The first unit, housing Savers Health and Beauty Limited, and the second, home to Sportswift Ltd t/a Card Factory, are arranged over three levels. Each unit includes essential amenities such as ancillary storage areas, kitchen facilities, and WCs located at the rear and on upper floors. The development also features a shared yard space accessible from Church Walk. Notably, there exists potential for future development (subject to planning permission) that could allow for the conversion of upper levels into residential accommodation, offering an avenue for value enhancement.

Investment Analysis

(LE10 area)

Below Market Value

This property is priced -57.2% below area average per sq ft

-57.2%
Potential saving
This Property
£119/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,735,535
10% above area average per sq ft
Potential ROI
+123.9%
After renovation
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

Castle Street, Hinckley, Leicestershire, LE10 1DA
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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
£2,391
Based on a loan of £506,250 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.

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