2-bedroom flat · LE10 0NQ
Listing removedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom apartment – coventry road, hinckley A well-presented two bedroom apartment, conveniently located on Coventry Road, Hinckley, with easy access to Hinckley town centre and local amenities.
The accommodation comprises a private entrance hall, open-plan living kitchen, two bedrooms and a bathroom. Outside, the property benefits from communal parking. Viewing recommended.
Description A rare opportunity to rent one of 14 luxury apartments being completed for occupation in late October/early November 2021.
They are situated in a very convenient location for both Hinckley town centre and for those wishing to commute via the A5 and M69 junctions to further afield.
The apartments have a contemporary feel being painted throughout in pale grey and having quality fittings including cooking appliances. Internal viewing is essential.
Please Note - Photographs Please note the photographs are for illustration purposes only Communal Hall, Stairs And Landing Leading to First Floor Landing.
Private Inner Hall (3.5m x 2.2m (11'5" x 7'2" )) Having intercom security telephone system and built in airing cupboard housing the electric boiler.
Open Plan Living Kitchen (5.5m x 3.9m (18'0" x 12'9" )) Having an attractive range of pale grey contemporary fitted units including base units, drawers and wall cupboards, butcher block effect work surfaces and single drainer stainless steel sink with mixer tap, ceramic hob with extractor hood over, built in electric oven and grill, space for fridge, space and plumbing for washing machine, inset ceiling lighting, under floor heating and feature window with double doors opening onto Juliette Balcony.
Open Plan Living Kitchen Bedroom One (3.4m x 2.4m (11'1" x 7'10" )) Having storage recess Bedroom Two (3.3m x 3m (10'9" x 9'10" )) Bathroom (2m x 1.7m (6'6" x 5'6" )) Having white suite including panelled bath with fully tiled shower area, shower and screen, vanity unit with wash hand basin, low level w.c., ladder heated towel rail, inset lighting and extractor fan.
Outside Communal Parking. Canal
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
Agent & docs
FAQ
About Flat 8 The Moorings, Wharf Yard, off Coventry Road, Hinckley
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