2-bedroom flat · LE10 1RP
Sold STCListed 149 days
Opportunity summary
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About
THIS ELEGANT 2 BEDROOM GROUND FLOOR APARTMENT IS WITHIN A SOUGHT AFTER COMPLEX AND IS ALSO WITHIN WALKING DISTANCE OF HINCKLEY TOWN CENTRE.
WITH THE BENEFIT OF ALLOCATED PARKING THE BRIGHT AND AIRY LIVING ACCOMMODATION BOASTS, ENTRANCE LOBBY, INNER HALLWAY, LIVING ROOM, KITCHEN, 2 BEDROOMS AND BATHROOM.
HAVING UPVC DOUBLE GLAZING THROUGHOUT AND GAS CENTRAL HEATING THIS APARTMENT IS VERY WELL PRESENTED AND MUST BE VIEWED TO TRULY APPRECIATE THE SIZE.
WITH A LONG LEASE THE APARTMENT WILL APPEAL TO THOSE LOOKING FOR THEIR FIRST HOME, DOWNSIZING OR AS A RENTAL INVESTMENT In brief the property comprises :- Entrance Lobby - 3'11" x 3'2" (1.20 x 0.98m) with upvc main entrance door, main fuse box, laminate flooring Inner Hallway - 3'3" x 11'5" (1.00 x 3.49m) with main intercom entry receiver, 2 walk in storage cupboards, radiator, laminate flooring Living Room - 12'6" x 18'5" (3.83 x 5.61m) with upvc double glazed dual aspect windows, heating controller, radiator Kitchen - 9'0" x 8'9" (2.76 x 2.68m) with range of white gloss door fronted wall and base units, inset sink with mixer tap, roll edge worktop, gas hob, electric oven, integrated appliances to include fridge freezer, dishwasher and washing machine, cupboard housing the boiler, extractor, tiled splash back, upvc double glazed window, radiator, tiled flooring Bedroom 1 - 13'0" x 8'10" (3.98 x 2.70m) with a range of stylish modern grey door fronted fitted wardrobes, upvc double glazed window, radiator Bedroom 2 - 7'6" x 9'7" (2.29 x 2.94m) with upvc double glazed window providing views over the well tended communal garden, radiator Bathroom - 8'3" x 5'2" (2.53 x 1.59m) with white suite comprising bath with shower over, pedestal sink, low level wc, tiled splash back, inset spotlights, extractor, radiator Outside To the front the building is approached via a slabbed footpath leading to the communal entrance door with intercom entry system To the side of the building there is allocated parking for one vehicle and within the car park there are 4 communal visitor parking spaces This apartment is immaculately presented and provides elegant light and airy living accommodation.
Hinckley is a popular market town with a wealth of varied facilities including shops, leisure centre, cinema, restaurants, bars, railway station and the ever popular Hollycroft Park Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed.
If there is any point, which is of importance to you, please obtain professional confirmation. All measurements quoted are approximate.
These particulars do not constitute a contract or part of a contract Tenure: Leasehold, Length of lease (remaining): 125 years 10 months,
Value & comps
No previous sales on record.
Returns
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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, LE10
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