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The Borough, Hinckley LE10 Property for sale
The Borough, Hinckley LE10
£555,000
The Borough, Hinckley LE10
£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 HMOFor 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 is a tenanted mixed-use property with a commercial and residential component located in Hinckley, Leicestershire. The property features a welcoming café/restaurant and spacious residential space currently used as a HMO, generating a remarkable £80,800 in rent per annum. The property is being offered at an attractive price to secure an auction sale, presenting a unique opportunity for investors and buyers alike. With its prime location surrounded by local amenities and facilities, the property is conveniently situated for both commercial and residential tenants. The property has excellent sales evidence in the area, with similar properties selling for £500,000 and £550,000. The property is open to immediate offers and will feature in an upcoming timed online auction, making it a fantastic opportunity for those looking for a straightforward purchase with excellent upside potential.