5 The Borough, Hinckley, LE10 1NL

Description

• PRIME NEW LISTING. We are excited to present this tenanted mixed-use property with a commercial and residential components located within a prime location Hinckley, LE10 1NL.

• **9, The Borough, Hinckley LE10 1NL previously sold for £500,000. 4, Priesthills Road, Hinckley LE10 1AJ previously sold for £550,000.*

• For rental investors, this entire unit is currently tenanted and generates a remarkable £80,800 in rent per annum, offering the potential for an exceptional gross yield if achieved at the guide price.

• The property is being offered at an attractive price to secure an auction sale, presenting a unique opportunity for investors and buyers alike.

•  Positioned in a prime location, the property is conveniently surrounded by a myriad of local amenities and facilities, enhancing its appeal to both commercial and residential tenants.

PRIME NEW LISTING. We are excited to present this tenanted mixed-use property with a commercial and residential component located within prime location in 5 The Borough, Hinckley, LE10 1NL.

The property comprises three floors, featuring a welcoming café / restaurant and spacious, comfortable residential space currently being used as a HMO

For rental investors, this entire unit is currently tenanted and generates a remarkable £80,800 in rent per annum, offering the potential for an exceptional gross yield if achieved for the guide price.

The property is being offered at an attractive price to secure an auction sale, presenting a unique opportunity for investors and buyers alike.

Positioned in a prime location, the property is conveniently surrounded by a myriad of local amenities and facilities, enhancing its appeal to both commercial and residential tenants.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**9, The Borough, Hinckley LE10 1NL sold for £500,000. 4, Priesthills Road, Hinckley LE10 1AJ sold for £550,000.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

**Location**

Hinckley is a vibrant market town located in Leicestershire. With a rich historical background, it boasts an array of modern amenities, excellent transport links, and a thriving local community. The area offers a blend of historical charm and contemporary living, making it an attractive place for both residents and businesses.

Map

Need help funding this purchase?

Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.