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This property was removed from Dealsourcr.

8 Bed HMO, Hinckley, LE10 0AZ £600,000

23 Regent Street, Hinckley, LE10 0AZ - 22 views - a year ago
  1. Deal Search
  2. Hinckley
  3. LE10
  4. LE10 0AZ
Sold STC
HMO
Planning
ROI: 2%
~248 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Hinckley
  • More Deals in LE10
  • More HMO Deals
  • More HMO Deals in Hinckley
  • More HMO Deals in LE10

Property History

Listed for £600,000

December 20, 2024

Description

  • Popular town centre location +
  • Gross passing rent £50,940 per annum +
  • Estimated rental value £90,000 per annum +
  • Comprising six one bedroom flats and two ensuite rooms with a shared kitchen +
  • Planning granted for an additional five ground floor flats (Ref 21/01386/FUL) +

The subject property comprises a mid terrace property which currently provides ground floor commercial accommodation fronting Regent Street, along with four one bedroom flats to the first and second floors above the same. To the rear, accessed from Blockley's Yard, there is a four bedroom HMO comprising two one bedroom flats and two en suite rooms with a shared kitchen.

The property benefits from planning permission (Reference 21/01386/FUL with Hinckley & Bosworth Borough Council) for the conversion of bar/nightclub into 5 no. studio apartments including the demolition of an area of flat roof to create a courtyard and the insertion of a new stair to the upper floor. Creation of a small retail unit (approx. 55 sq m) to the front of the building at ground floor. Plans are available from our offices upon request.

Agent Details

Wards Residential, Hinckley

01455 242391

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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