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Property for sale
5 The Borough, Hinckley, LE10 1NL
£555,000
5 The Borough, Hinckley, LE10 1NL
£555,000
Our Summary
- *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
- 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
- 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 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
Description
This prime new listing presents a unique opportunity for investors and buyers alike, offering a tenanted mixed-use property with a commercial and residential component in a prime location in Hinckley, Leicestershire. The property, located at 5 The Borough, Hinckley, LE10 1NL, features three floors, including a welcoming café/restaurant and spacious residential space currently used as a HMO. Currently tenanted, the property generates a remarkable £80,800 in rent per annum, offering an exceptional gross yield if achieved at the guide price. The property is being offered at an attractive price to secure an auction sale, with excellent sales evidence in the area, including previous sales of similar properties for £500,000 and £550,000. With its prime location, surrounded by local amenities and facilities, this property presents a straightforward purchase with excellent upside potential.