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See how verdicts work2-bedroom house · LE10 0GP
No longer listedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented (shared ownership), 2 bedroom modern inner town house with canal frontage and located at the head of a picturesque cul de sac.
The property has been maintained to the highest standard and has the additional benefits of gas central heating, PVCu double glazing, modern fitted kitchen, spacious lounge/dining room, bedroom 1 with feature Juliette balcony, bedroom 2 with Juliette feature balcony, luxury bathroom with electric shower, PVCu fascia and soffit boards, low maintenance enclosed rear garden, attractive fore garden, 2 (side by side) allocated car parking spaces, water meter, smart electric and gas meters, wired up for High -Speed Fibre Optic Internet .etc, Ideally located in one of Hinckley's most popular locations, close to all local amenities including local shops, schools and regular public transport services.
Viweing essential. Conveniently located with commuting distance of all major road links such as the A5, M69, M6 and M1. 75% share representing £135,000. 75% share available for purchase.
25% share owned by Heylo Housing. No rent paid on non-owned share. Future purchase of non-owned share can be brought from Heylo. Leasehold Years unexpired: 125 years from 01-01-2001.
Ground rent £200 pa. Service charge £400 pa. Enclosed Porch. (1.25 x 0.56, (4'1" x 1'10", )) Feature arch Reception Hall. (4.20 x 1.96 (max).
(13'9" x 6'5" (max).)) Composite double glazed door, staircase with spindle balustrade, laminate floor, and room stat. Modern Fitted Kitchen (Front). (3.11 x 1.92.
(10'2" x 6'3".)) Stainless steel sink unit, range of attractive base and wall units (3 base and 4 wall), associated work surfaces, plumbing for a washing machine and dishwasher, associated work surfaces, split level gas hob and an electric (fan assisted) oven, extractor hood (ducted), PVCu double glazed window, radiator, ceramic wall tiling and a wall mounted (fan assisted) gas fired regular (Ideal Classic lxff) regular boiler.
Guest Cloakroom. (1.50 x 0.97. (4'11" x 3'2".)) Suite in white, wash hand basin, low flush wc, laminate floor and extractor fan. Spacious Lounge/Dining Room (Rear). (3.97 (max) x 3.64 (max).
(13'0" (max) x 11'11" (ma) PVCu double glazed window, PVCu double glazed door, laminate floor and radiator. First Floor Landing. (2.87 (max) x 1.99 (max).
(9'4" (max) x 6'6" (max).) Airing cupboard, roof void access, radiator and smoke alarm. Bedroom 1 (Front). (3.97 max) x 2.96 (max).
(13'0" max) x 9'8" (max).)) Twin PVCu double glazed French doors with a Juliette balcony, laminate floor, radiator and fitted cupboard with a hanging rail. Bedroom 2 (Front). (3,97 x 1.94.
(9'10", 318'2" x 6'4".)) Twin PVCu double glazed French doors with a Juliette balcony, PVCu double glazed window laminate floor, and radaitor. Modern Bathroom (Side). (1.89 x 1.80.
(6'2" x 5'10".)) Full suite in white, panel bath with an electric shower (Triton Enrich) with a rainfall shower head, wash hand basin, low flush wc, extractor fan, radiator and ceramic tiled floor.
Outside. Attractive fore garden with patio area and artificial lawn over looking the scenic view of the canal and wild life.
Enclosed low maintenance rear garden with establish lawn, paved patio, security light and gated rear access leading to 2 side by side allocated car parking spaces.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 16, Teal Drive, Hinckley
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