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Ferness Road, Hinckley, LE10

East Midlands

£99,000
Listed on 01/05/2026

Property Details

Bedrooms
2
Type
Maisonette

Description

This two-bedroom upper floor maisonette presents a solid opportunity for renovation and investment, especially appealing to first-time buyers and those looking to enter the rental market. The property features an entrance hallway leading to a spacious living room, which provides access to a full-length balcony—a valuable outdoor space that could be enhanced with some modern touches. The kitchen includes fitted units and essential appliances but would benefit from updates to enhance functionality and aesthetics. Both bedrooms offer natural light, with the main bedroom featuring built-in storage, while the second bedroom is versatile enough to serve as an office or hobby space. The bathroom includes standard fixtures but may need refurbishment for optimal comfort. Situated conveniently near local shops, schools, and major transport routes, this maisonette's potential can be unlocked through thoughtful modernization.

Investment Analysis

(LE10 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
65
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE10)

Area prices are falling by -2.4% over the last 12 months
3 year growth: +1.1%
5 year growth: +13.5%
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

Ferness Road, Hinckley, LE10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£353
Based on a loan of £74,250 over 30 years at 3.97% 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

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