2-bedroom flat · LE10 1RH
For saleListed 48 days
Opportunity summary
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About
NO ONWARD CHAIN - A fantastic chance to own a two bedroom first floor maisonette, perfectly situated just a short stroll from Hinckley town centre, Hollycroft Park, and local amenities.
The layout features an entrance lobby and stairs to an open-plan lounge and kitchen, two bedrooms and a bathroom.
Additional perks include double glazing, electric heating, and access to a shared communal courtyard. NOTE -The vendor currently holds the freehold for the building, which consists of six maisonettes.
As each flat is sold, the freehold will be divided into six parts, giving each owner a one-sixth share.
The vendor will handle building maintenance until all six maisonettes are sold, after which the owners can either form or hire a management company to take over and set service charges and ground rents.
ENTRANCE A covered entrance with outside light leads to a Upvc double glazed door to the lobby. electric wall heater, stairs to the first floor.
HALLWAY Double glazed window and panel to rear, two loft access hatches . LOUNGE AREA 18' 2" Max x 9' 6" Max (5.553m x 2.913m) Two double glazed windows to front, two electric wall heaters.
KITCHEN AREA 8' 7" x 6' 6" (2.637m x 1.984m) Fitted with a matching range of units with work surfaces above and inset sink unit, space for electric oven with extractor hood above, space and plumbing for washing machine, space for fridge freezer, double glazed window to rear.
BEDROOM ONE 15' 1" x 8' 11" (4.614m x 2.735m) Two double glazed windows to front, electric wall heater, airing cupboard housing hot water cylinder.
BEDROOM TWO 6' 11" x 9' 1" (2.133m x 2.787m) Double glazed window to rear, electric wall heater.
BATHROOM 6' 4" x 5' 11" (1.948m x 1.820m) Panelled bath with a glazed shower screen and mixer tap, pedestal hand wash basin, low-level WC, electric wall fan heater, and an obscure double-glazed window.
OUTSIDE There is a communal courtyard to the rear.
Value & comps
No previous sales on record.
Returns
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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 Upper Bond Street, Hinckley
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