Leicester Road, Hinckley, LE10
By Newman Property Experts
£ 350,000
Reviews
3 out of 5 stars
Newman Property Experts says ..
***HOUSE WITH WORKSHOP/FACTORY*** Potential for a Business Owner or Conversion to Flats (subject to planning) ***OPEN HOUSE EVENT*** Saturday 7th September 10am-12noon by appointment Call Graham Cross on
Property Oracle says ..
This property on Leicester Road, Hinckley, presents a unique proposition. It comprises a three-bedroom house with two bathrooms, which appears to have undergone some renovations, resulting in a well-presented interior. The kitchen and bathrooms, in particular, are modern and updated. However, the property’s true character lies in its substantial outbuildings which are currently used as a workshop and various storage areas. These spaces could potentially be converted into additional living space or used for a business, though this would require extensive renovation and necessary planning permissions. This additional space significantly impacts the overall value proposition. The presence of a small, manageable garden area, visible in the photographs, offers a bit of outdoor space, but this is far from extensive. The location on Leicester Road in Hinckley offers reasonable access to local amenities and transportation. The closeness of several well-regarded primary schools is a considerable positive. However, proximity to the road does impact tranquility. Overall, the property’s value depends on the buyer’s ability and interest in developing the outbuilding. The renovation needs and the potential use of the outbuildings are key factors to consider when assessing its worth and overall appeal. The list price seems to reflect this combined value.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft (est)
- 1,388.22
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
- 239,071.00 £Decreased by 12.97 %
- Est sale value
- 284,585.10 £Decreased by 26.52 %
- Average area rental value
- 1,059.00 £/moIncreased by 3.52 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 5.32 %Increased by 19.02 %
- Crime Rate
- 18.00 %Unchanged by 0.00 %
Agent Activity
Newman Property Experts created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hinckley Parks Primary School | Academy Converter | 0.29 KM | |
| Saint Peter'S Catholic Primary School, A Voluntary Academy | Academy Converter | Good | 0.30 KM |
| St Mary'S Church Of England Primary School, Hinckley | Voluntary Controlled School | Requires improvement | 0.68 KM |
| R.E.A.L Independent Schools Hinckley | Other Independent Special School | 0.86 KM | |
| Hinckley East Sure Start Children'S Centre | Children's Centre | 1.39 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Langham Close | £ 80,000 | 0 | 0.00 KM |
| Alma Road | £ 0 | 0 | 0.00 KM |
| Woodstreet Close | £ 0 | 0 | 0.00 KM |
| Lilleys Yard | £ 0 | 0 | 0.00 KM |
| Chapel Yard | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hinckley (Leics) | 1870 | HNK | 1.15 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Leicester Road, Hinckley, LE10 | £ 350,000 | BUY | 6 / 10 | 0.00 KM |
| Charles Street, Hinckley | £ 100,000 | BUY | 5 / 10 | 0.09 KM |
| Leicester Road, Hinckley | £ 225,000 | BUY | 6 / 10 | 0.10 KM |
| Leicester Road, Hinckley | £ 225,000 | BUY | 6 / 10 | 0.10 KM |
| Derby Road, Hinckley | £ 125,000 | BUY | 5 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 26 Charles Street | £ 95,250 | 0.09 KM |
| 5 Charles Street | £ 115,000 | 0.09 KM |
| 37 Charles Street | £ 25,000 | 0.09 KM |
| 47 Charles Street | £ 128,000 | 0.09 KM |
| 18 Charles Street | £ 85,000 | 0.09 KM |