Under Offer

TypeResidential Investments

LE10 The Moorings, Wharf Yard, Hinckley

TenureFor sale

The Moorings, Wharf Yard, Hinckley, LE101/5

Specification

Property type
Property typeResidential Investments
Tenure
TenureFor sale

Description

Modern Unbroken Freehold Investment.

The property comprises a modern freehold apartment scheme which completed in 2021, providing 14 self-contained apartments arranged over four storeys, with a mix of one, two and three bedroom apartments and duplexes.

The apartments are finished to a modern specification, generally providing open-plan living accommodation and benefitting from electric underfloor heating.

Externally, there is allocated parking for each apartment, together with additional visitor spaces.

Unbroken freehold apartment development completed in 2021

Scheme comprises 14 apartments and duplexes with designated parking

Estimated rental value of £149,280 p.a.

Passing rental income of £127,440 p.a.

Private position set back from B4666 Coventry Road

Within 1 mile of Hinckley Town Centre, with excellent connectivity to the wider Midlands region

Asset management potential via rental uplift and letting of vacant apartment

Location

The property is located in the market town of Hinckley, Leicestershire, within 1 mile of the town centre, in a predominantly residential area.

The property is situated at the end of Wharf Yard, accessible off the B4666 Coventry Road, in a private position adjacent to a canal wharf.

Hinckley is a popular commuter , centrally positioned within the Midlands, being 14 miles to the south west of Leicester, 14 miles north east of Coventry and 30 miles east of Birmingham.

Hinckley benefits from excellent transport links to the wider Midlands region and beyond due to its proximity to the M69, M1 and M6 Motorways and the arterial A5. Hinckley Railway Station offers regular direct services to Birmingham and Leicester.

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