Wharf Yard, Hinckley, LE10
MC

Wharf Yard, Hinckley, LE10

By McGowan Housing

£ 2,320,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Multi-Unit Property | Buy-to-Let Opportunity | Tenants Currently Situated | Block of 14 Residential with Total of 29 Bedroom Apartments | Modern Kitchen & Bathroom | Allocated Parking Available | City Centre Location - Perfect for Renters!

Property Oracle says ..

This property, located at Wharf Yard in Hinckley, Leicestershire, is a substantial building featuring 29 bedrooms and 14 bathrooms, covering approximately 1,249.69 square feet. The images showcase a modern and well-maintained interior, with a contemporary design and finish. The property is presented in excellent condition throughout. The open-plan layout is both practical and spacious, making it suitable for a variety of uses. The kitchen is newly fitted and well-equipped, and the bathrooms are clean and modern. The property is close to Hinckley train station and local amenities, offering easy access to both local services and transportation. The location offers proximity to reputable schools, adding to its appeal. However, the surrounding area does not appear to be as desirable residential area, with closer comparable properties indicating lower values. The lack of any substantial outdoor space is a notable drawback. The significant list price needs careful consideration given the smaller plot size and lower average house prices for the nearby areas. A comprehensive valuation considering potential income from the property’s large number of bedrooms is crucial in assessing its overall value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
9
Location
7
Land
1
Bedrooms
29
Bathrooms
14
Sqft (est)
1,249.69

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
220,000.00 £
Decreased by 14.11 %
from 256,154.00 £
Est sale value
279,930.56 £
Decreased by 17.04 %
from 337,416.30 £
Average area rental value
1,181.00 £/mo
Increased by 11.42 %
from 1,060.00 £/mo
Est letting value
1,249.69 £/mo
Unchanged by 0.00 %
from 1,249.69 £/mo
Est rental Yield
6.44 %
Increased by 29.58 %
from 4.97 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Westfield Infant SchoolCommunity SchoolOutstanding1.16 KM
Hinckley Sure Start Children'S CentreChildren's Centre1.26 KM
Westfield Junior SchoolCommunity SchoolGood1.47 KM
Battling Brook Primary SchoolAcademy ConverterGood1.69 KM
Dovetree SchoolOther Independent Special SchoolGood1.80 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Dove Close £ 262,50000.00 KM
Pinfold Close £ 000.00 KM
Battling Brook Green Corridor £ 300,00000.00 KM
Normandy Way cycleway £ 240,00000.00 KM
Sparrow Close £ 350,07100.00 KM

Nearby Transport

NameNLCTLCDistance
Hinckley (Leics)1870HNK2.59 KM
Nuneaton1077NUN7.63 KM
Bermuda Park6543BEP9.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Coventry Road, Hinckley £ 375,000BUY6 / 100.09 KM
Coventry Road, Hinckley £ 249,950BUY7 / 100.11 KM
Oban Road, Hinckley £ 220,000BUY7 / 100.14 KM
Whitworth Avenue, Hinckley, LE10 £ 250,000BUY6 / 100.18 KM
Whitworth Avenue, Hinckley, LE10 £ 165,000BUY6 / 100.22 KM

Nearby Properties

AddressPriceDistance
332 Coventry Road £ 187,5000.05 KM
304 Coventry Road £ 210,0000.05 KM
296 Coventry Road £ 205,0000.05 KM
274 Coventry Road £ 192,0000.05 KM
330 Coventry Road £ 355,0000.05 KM