Minimum Rent

Select the property minimum rent
£0

Minimum Yield

Select the property minimum yield
0%

Bedrooms

Select how many bedrooms you want

Type of Property

Select the property types you want

view 0 listings
Property ID: 218471945
Monthly Income
£5,833
Current Yield
11.3%
Tenancy status
Tenanted
Capital Appreciation
+4.3%
Exclusive Investment Grade Opportunity

A portfolio of flat and commercial unit located in Hinckley with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.


For investors looking for a rewarding investment, this is a brilliant opportunity!


The portfolio feature 6 flats and a coffee shop, lounge, kitchen, bathroom and street parking.


Investment details


The portfolio currently produces an annual gross income of £69,996 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.


For greater detail on this property's investment potential, please see the Let Property Pack linked below.


If you are interested, please call us.


Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income5833/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£5833 pcm
Current Rental Yield
11.3%
Potential Market Value Rent
£5833 pcm
Potential Rental Yield
11.3%
Estimated Monthly Capital Appreciation
£2222
Area Capital Appreciation Rate
+4.3%

Tenancy Checks

Tenancy Agreement

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Proof of Rental Income

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Tenant Means of Funding:

Self Funded

Length of Tenancy information has been provided by the seller as verbal and written confirmation.

Property Checks

Property Tenure

Verified as Leasehold with 170 years on lease

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

HMO License

HMO License documentation has been provided to Let Property and has been Verified.

Interactive street-level view of the property location and surrounding area.

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Factor Name
unknown
Total Estimated Costs
unknown
Offers Over
£620,000
Location
The Borough, Hinckley, LE10 1NL
Bedrooms
6
Type of property
Portfolio

Additional Benefits

Fully Pre Checked by Let Property
Available First Come, First Serve
Over £1 Billion of UK Investment Property Sold.
Enquire for Detailed Returns Breakdown.
Loading...
Yearly Net Profit
Current Yearly Rent
£69,996
Annual Capital
Appreciation
£12,400
Factor Fees/Service
Charge
Unknown
Other Yearly Costs
None
Indicated
Annual Net Returns
£82,396