Leicester Road, Hinckley, LE10
NE

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 %
from 274,696.00 £
Est sale value
284,585.10 £
Decreased by 26.52 %
from 387,313.38 £
Average area rental value
1,059.00 £/mo
Increased by 3.52 %
from 1,023.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,388.22 £/mo
Est rental Yield
5.32 %
Increased by 19.02 %
from 4.47 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Newman Property Experts created the listing.

Nearby Schools

NameTypeOfstedDistance
Hinckley Parks Primary SchoolAcademy Converter0.29 KM
Saint Peter'S Catholic Primary School, A Voluntary AcademyAcademy ConverterGood0.30 KM
St Mary'S Church Of England Primary School, HinckleyVoluntary Controlled SchoolRequires improvement0.68 KM
R.E.A.L Independent Schools HinckleyOther Independent Special School0.86 KM
Hinckley East Sure Start Children'S CentreChildren's Centre1.39 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Langham Close £ 80,00000.00 KM
Alma Road £ 000.00 KM
Woodstreet Close £ 000.00 KM
Lilleys Yard £ 000.00 KM
Chapel Yard £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hinckley (Leics)1870HNK1.15 KM

Nearby Listings

AddressPriceTypeScoreDistance
Leicester Road, Hinckley, LE10 £ 350,000BUY6 / 100.00 KM
Charles Street, Hinckley £ 100,000BUY5 / 100.09 KM
Leicester Road, Hinckley £ 225,000BUY6 / 100.10 KM
Leicester Road, Hinckley £ 225,000BUY6 / 100.10 KM
Derby Road, Hinckley £ 125,000BUY5 / 100.12 KM

Nearby Properties

AddressPriceDistance
26 Charles Street £ 95,2500.09 KM
5 Charles Street £ 115,0000.09 KM
37 Charles Street £ 25,0000.09 KM
47 Charles Street £ 128,0000.09 KM
18 Charles Street £ 85,0000.09 KM