£600,000
8 bed block of flats for saleRegent Street, Hinckley, Leicestershire LE10
8 beds
- Freehold
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About this property
Popular town centre location
Gross passing rent £50,940 per annum
Estimated rental value £90,000 per annum
Comprising six one bedroom flats and two ensuite rooms with a shared kitchen
Planning granted for an additional five ground floor flats (Ref 21/01386/ful)
The subject property comprises a mid terrace property which currently provides ground floor commercial accommodation fronting Regent Street, along with four one bedroom flats to the first and second floors above the same. To the rear, accessed from Blockley's Yard, there is a four bedroom HMO comprising two one bedroom flats and two en suite rooms with a shared kitchen.
The property benefits from planning permission (Reference 21/01386/ful with Hinckley & Bosworth Borough Council) for the conversion of bar/nightclub into 5 no. Studio apartments including the demolition of an area of flat roof to create a courtyard and the insertion of a new stair to the upper floor. Creation of a small retail unit (approx. 55 sq m) to the front of the building at ground floor. Plans are available from our offices upon request.
Flats a-d (Accessed From Regent Street)
HMO Flats & Rooms 1-4 (Accessed From Blockleys Yard)
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