Summary - 5 THE BOROUGH HINCKLEY LE10 1NL
6 bed 6 bath Block of Apartments
Income-producing mixed-use block with short-term refurbishment upside.
6 self-contained flats plus ground-floor coffee shop commercial unit
Freehold title with long-term tenants in situ
Current gross annual income £69,996 (Let Property Pack available)
Requires modernization and active asset management to increase rents
Located on a busy Hinckley high street with good footfall potential
Area flagged as deprived with very high local crime — higher risk
On-street parking only; no dedicated parking for residents
Buyer's premium applies on purchase (details in sale documentation)
This freehold portfolio comprises six self-contained flats above a ground-floor commercial unit currently operated as a coffee shop. Long-term tenants are in place and the portfolio currently produces a gross annual income of £69,996, making it a clear buy-to-let opportunity for investors seeking immediate rental income.
The building is an Edwardian-style frontage on a busy town street in Hinckley with good pedestrian visibility and fast broadband and mobile coverage. The commercial unit and some residential flats will benefit from modernization and repositioning to maximise rental value or redeployment to alternative uses subject to consents.
Buyers should note material considerations: the property sits in a deprived area with very high local crime levels, and on-street parking only. A buyer’s premium applies on sale. Full investment detail and tenancy information are available in the Let Property Pack for serious purchasers and developers.
This opportunity suits an investor or small development specialist comfortable managing a town-centre mixed-use block, undertaking targeted refurbishment, and operating in a higher-risk but income-yielding location.
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