Summary - 13 LOWER BOND STREET HINCKLEY LE10 1QU
2 bed 1 bath Block of Apartments
Two flats plus commercial unit with steady rental income and town footfall.
Freehold portfolio: two flats plus ground-floor commercial unit
Current annual gross income of £15,552 with tenants in situ
Victorian shop-front frontage with strong street exposure
On-street parking; fast broadband and excellent mobile signal
No flood risk recorded for the property
Area records very high crime — may affect lettings and insurance
Buyer’s premium applies on sale; check Let Property Pack details
Internal condition unspecified; allow budget for repairs or upgrades
This freehold portfolio on Lower Bond Street combines two residential flats with a ground-floor commercial unit, currently generating an annual gross income of £15,552. Long-term tenants are in situ, offering immediate rental returns and straightforward cashflow for a buyer seeking an income-producing asset.
The Victorian frontage and multiple shop fronts deliver strong street exposure in a busy town-centre location, benefiting from high footfall and a wide range of nearby amenities. Practical positives include on-street parking, no flood risk, fast broadband and excellent mobile signal, helpful for both commercial operators and renters.
Buyers should note material considerations: the building sits in an area with very high recorded crime rates, which may affect letting and insurance costs. A buyer’s premium will apply on sale, and detailed income/expense and tenancy information is available in the Let Property Pack — review this carefully before offer. The current description does not specify internal condition or recent refurbishment, so allow budget for potential repairs or upgrading depending on your strategy.
This opportunity suits investors and developers seeking immediate income with scope to add value through active management or refurbishment. For a clear assessment of yield and refurbishment needs, consult the Let Property Pack and commission surveys before proceeding.
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