Berkley Estate & Letting Agents
3 Station Street
Kibworth
Leicester
LE8 0LN
Hinckley Road, Leicester
£550,000
4 Bedroom House - Terraced
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.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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