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COMMERCIAL

Hinckley Road, Leicester

£550,000
Berkley Estate & Letting Agents, Leicester
PROPERTY TYPE

Commercial Property

BEDROOMS

4

BATHROOMS

4

SIZE

Ask agent

Key features

  • 4 Individual Apartments - 100% Occupancy
  • Turn Key Investment
  • Long Standing Tenants
  • Strong Rental Yield - Approx 6%

Description

Presented to the market in good condition and generating an immediate, reliable income stream, this imposing and characterful period property on Hinckley Road represents precisely the kind of turnkey investment opportunity that discerning property investors seldom encounter.

Offered for sale with the benefit of four fully let, self-contained apartments, the astute purchaser will find themselves the beneficiary of an established and productive asset from day one, with zero void period to navigate and no remedial work to undertake.

The property itself commands immediate attention - a substantial, characterful building that retains much of its original architectural presence whilst having been thoughtfully converted and finished to a modern standard throughout. Each of the four self-contained apartments is of a similar size and footprint, and whilst the layouts vary between units, each provides a comfortable and practical arrangement of open-plan living, kitchen and dining space, a double bedroom, and a contemporary bathroom. The presentation throughout is of a good standard - clean, modern and well-maintained - the kind of finish that attracts and retains quality tenants with minimal intervention from a landlord.

In investment terms, the numbers speak with considerable clarity. The property currently produces a gross annual rental income of £33,600, with all four apartments occupied, reflecting strong and consistent tenant demand in this well-connected corridor of the city. At the asking price, this translates to a gross yield of approximately 6% - a figure that will rightly appeal to investors seeking a meaningful return in today’s market, particularly when set against the backdrop of a ready-made, professionally presented asset requiring no additional capital expenditure.

Hinckley Road sits within one of Leicester’s most established and well-regarded residential and commercial thoroughfares, connecting the city centre to the sought-after suburbs of the west of the city. The location enjoys excellent transport links, with straightforward access to Leicester’s wider road network and regular public transport connections. A strong local amenity offering — including shops, restaurants, schools and leisure facilities — ensures consistent appeal to the tenant demographic this property naturally attracts. Leicester itself continues to demonstrate solid fundamentals as a rental market, underpinned by two universities, a large and diverse employment base, and ongoing city centre regeneration, all of which serve to sustain demand for well-appointed rental accommodation of exactly this nature.

Viewing is strongly recommended and available strictly by appointment.

Brochures

Hinckley Road, LeicesterBrochure

Hinckley Road, Leicester

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station1.3 miles
  • South Wigston Station3.6 miles
  • Narborough Station4.7 miles

About Berkley Estate & Letting Agents, Leicester

75 Hinckley Road, Leicester, LE3 0TD
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Berkley Estate & Letting Agents have decades of experience in residential sales and lettings throughout Leicestershire.

Being an independent agency we pride ourselves on having a customer driven business meaning your needs are our priority. We value your custom above all else and provide a personal service you will only get from a local independent business. With our pro- active approach and extensive up to date mailing list, our Customer Service is second to none.

Our experienced team have an in- depth knowledge of local markets and offer honest and practical advice with the aim to build reliable and trusted working relationships.

Our office is located in the West End of Leicester, being an independent agency we pride ourselves on having a customer driven business meaning your needs are our priority.

We value your custom above all else and provide a personal service you will only get from a local independent business. With our pro- active approach and extensive up to date mailing list, our Customer Service is second to none.

Our goal is to try to make buying, selling and renting a home as easy as possible.

Understanding the local area is key to providing a top quality service, which is why our agents are always up to speed on what's happening in their local area and can advise you on property prices and trends in the area

Notes

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Disclaimer - Property reference 34534529. 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 Berkley Estate & Letting Agents, Leicester. 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.

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