5 The Borough, Hinckley, LE10 1NL
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- PRIME NEW LISTING. We are excited to present this tenanted mixed-use property with a commercial and residential component located within a prime location in 5 The Borough, Hinckley, LE10 1NL.
- **9, The Borough, Hinckley LE10 1NL previously sold for £500,000. 4, Priesthills Road, Hinckley LE10 1AJ previously sold for £550,000.*
- For rental investors, this entire unit is currently tenanted and generates a remarkable £80,800 in rent per annum, offering the potential for an exceptional gross yield at the guide price.
- The property is being offered at an attractive price to secure an auction sale, presenting a unique opportunity for investors and buyers alike.
- Positioned in a prime location, the property is conveniently surrounded by a myriad of local amenities and facilities, enhancing its appeal to both commercial and residential tenants.
Description
- PRIME NEW LISTING. We are excited to present this tenanted mixed-use property with a commercial and residential components located within a prime location Hinckley, LE10 1NL.
- **9, The Borough, Hinckley LE10 1NL previously sold for £500,000. 4, Priesthills Road, Hinckley LE10 1AJ previously sold for £550,000.*
- For rental investors, this entire unit is currently tenanted and generates a remarkable £80,800 in rent per annum, offering the potential for an exceptional gross yield if achieved at the guide price.
- The property is being offered at an attractive price to secure an auction sale, presenting a unique opportunity for investors and buyers alike.
- Positioned in a prime location, the property is conveniently surrounded by a myriad of local amenities and facilities, enhancing its appeal to both commercial and residential tenants.
PRIME NEW LISTING. We are excited to present this tenanted mixed-use property with a commercial and residential component located within prime location in 5 The Borough, Hinckley, LE10 1NL.
The property comprises three floors, featuring a welcoming café / restaurant and spacious, comfortable residential space currently being used as a HMO
For rental investors, this entire unit is currently tenanted and generates a remarkable £80,800 in rent per annum, offering the potential for an exceptional gross yield if achieved for the guide price.
The property is being offered at an attractive price to secure an auction sale, presenting a unique opportunity for investors and buyers alike.
Positioned in a prime location, the property is conveniently surrounded by a myriad of local amenities and facilities, enhancing its appeal to both commercial and residential tenants.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
**9, The Borough, Hinckley LE10 1NL sold for £500,000. 4, Priesthills Road, Hinckley LE10 1AJ sold for £550,000.**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
**Location**
Hinckley is a vibrant market town located in Leicestershire. With a rich historical background, it boasts an array of modern amenities, excellent transport links, and a thriving local community. The area offers a blend of historical charm and contemporary living, making it an attractive place for both residents and businesses.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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5 The Borough, Hinckley, LE10 1NL
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Visit our security centre to find out moreDisclaimer - Property reference 218490544. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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