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: 218463734
Monthly Income
£1,460
Current Yield
9.3%
Tenancy status
Tenanted
Capital Appreciation
+3.8%
Exclusive Investment Grade Opportunity

This is a commercial property located in Hinckley with a tenant situated that is currently generating a steady, rewarding rental income for the current landlord.


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


The property features commercial unit downstairs, 3 bedroom flat, kitchen, bathroom and street parking.


Investment details


It currently produces an annual gross income of £17,520 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 Income1460/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£1460 pcm
Current Rental Yield
9.3%
Potential Market Value Rent
£1460 pcm
Potential Rental Yield
9.3%
Estimated Monthly Capital Appreciation
£602
Area Capital Appreciation Rate
+3.8%

Tenancy Checks

Tenancy Agreement

Proof of Rental Income documentation has been verified against the rental amount in the Tenancy Agreement by Let Property.

Proof of Rental Income

Recent Proof of Rental Income has been Verified by Let Property.

Length of Tenancy

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

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.

Council Tax Band

Council Tax Band: A

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
£190,000
Location
Regent Street, Hinckley, LE10 0AZ
Bedrooms
3
Type of property
Commercial Unit

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
£17,520
Annual Capital
Appreciation
£3,800
Factor Fees/Service
Charge
Unknown
Other Yearly Costs
None
Indicated
Annual Net Returns
£21,320