Hinckley Road, Leicester, LE3

- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
4
- BATHROOMS
4
- SIZE
1,808 sq ft
168 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 4 Individual Apartments - 100% Occupancy
- Turn Key Investment
- Long Standing Tenants
- Strong Rental Yield - Approx 6%
Description
PRIME LEICESTER INVESTMENT OPPORTUNITY
Four Fully Let Self-Contained Apartments
13-Year Continuous Void-Free Letting History
Current Income £30,800 Per Annum
Anticipated Gross Yield Circa 7.8% Following Rent Review
A rare opportunity to acquire a substantial and characterful period property comprising four fully self-contained apartments, all currently let and producing an immediate income.
What sets this investment apart is its exceptional rental track record. The property has enjoyed a continuous 13-year void-free letting history, demonstrating sustained tenant demand and providing prospective purchasers with the reassurance of a proven, long-established income-producing asset.
The property is offered in good condition and represents a genuine turnkey investment, with no initial void period to absorb and no immediate programme of remedial works required.
Each of the four apartments is of a broadly similar size and provides well-planned accommodation comprising open-plan living, kitchen and dining space, a double bedroom and modern bathroom facilities. Layouts vary between apartments, giving each unit its own character whilst maintaining a consistent standard throughout the building.
Internally, the accommodation is clean, modern and well maintained, supporting the strong letting performance the property has achieved over more than a decade.
Investment Performance
The property currently generates £30,800 per annum in rental income.
The rents are presently under review and, following implementation of the anticipated revised rental levels, the property is expected to produce a gross rental yield of approximately 7.8%, subject to confirmation.
The strength of this opportunity lies not only in the prospective yield, but in the combination of income performance and an established rental history spanning approximately 13 years without a void period.
For investors seeking a mature residential investment rather than an untested letting proposition, this provides a particularly compelling combination of:
• Four fully let self-contained apartments
• Immediate rental income from completion
• Continuous 13-year void-free letting history
• Current annual income of £30,800
• Rents presently under review
• Anticipated gross yield of approximately 7.8% following review
• Established and proven tenant demand
• Well-maintained accommodation
• Strong Leicester location
• Turnkey investment proposition
Location
The property occupies a prominent position on Hinckley Road, Leicester, one of the city’s established residential and commercial thoroughfares.
The location provides convenient access to Leicester city centre, the surrounding western suburbs and the wider road network, together with regular public transport connections.
A broad range of shops, restaurants, schools, leisure facilities and everyday amenities are available within easy reach, all of which contribute to the area’s continuing appeal to tenants.
Leicester itself benefits from a substantial employment base, two major universities and continued investment and regeneration, supporting long-term demand for well-located residential rental accommodation.
A Proven Income-Producing Asset
Investment properties with a strong headline yield can be readily identified. Far fewer can demonstrate a 13-year continuous void-free letting history.
That record provides powerful evidence of both the underlying demand for the accommodation and the resilience of the property as a rental investment.
With all four apartments currently occupied, established income from day one and potential for improved returns following the current rent review, this represents an excellent opportunity to acquire a proven residential investment in Leicester.
Viewing is strongly recommended and strictly by appointment.
Rental income, anticipated rents and yield figures are provided for guidance and will be confirmed prior to the instruction of solicitors. Prospective purchasers should satisfy themselves as to all financial and tenancy information prior to exchange of contracts.
Disclaimer
This property advertisement is for general guidance only. Berkley Letting and Estate Agents do not guarantee that all details—including measurements, floor plans, descriptions, photos, appliances, fixtures, or services—are accurate or in working order. The information does not form part of any contract or offer. Prospective buyers or tenants should verify all details themselves by inspection or other independent means. For further information, including Energy Performance Certificates or other documents required by UK law, please contact the agent directly.
- 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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Visit our security centre to find out moreDisclaimer - Property reference f2f2129e-a0d3-4ba9-92f7-e467eddbaf8c. 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, Kibworth. 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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