Spa Lane, Hinckley
CA

Spa Lane, Hinckley

By Castle Estates 1982

£ 395,000

Reviews

3 out of 5 stars

Castle Estates 1982 says ..

A rare opportunity to purchase one of Hinckley's most prestigious Victorian buildings standing on the corner off Leicester Road and Spa Lane. Formerly the local registry office and has had various uses over the years including purely residential. It is situated within close proximity o...

Property Oracle says ..

Spa Lane, Hinckley is a four-bedroom, two-bathroom detached property situated in Hinckley, Leicestershire. The property benefits from a sizeable plot of 3,791.05 sqft. The house itself is 3,751.22 sqft. The property appears to be a period property, requiring some degree of modernisation. While some rooms show evidence of recent refurbishment, others are largely unfinished or require significant work. The kitchen, in particular, is incomplete, and several rooms exhibit exposed walls and flooring. The presence of an outbuilding with garages adds to the property’s overall size and potential. The location is reasonably convenient, with a primary school within walking distance and a train station approximately 1.29km away. The proximity to several schools provides families with options for their children’s education. However, the immediate vicinity of the property appears to be primarily residential. Considering the property’s size, the list price of £395,000 appears to be in line with the average price per square foot in the area. However, the need for renovation will likely influence the final sale price. While the average price per square foot in the area is £261, the property’s condition and the need for significant work will likely impact its market value. The presence of the outbuilding and garages could add value, but this will depend on the buyer’s needs and preferences.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
7
Bedrooms
4
Bathrooms
2
Sqft (est)
3,751.22
Lot (est)
3,791.05

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
239,071.00 £
Decreased by 12.97 %
from 274,696.00 £
Est sale value
769,000.10 £
Decreased by 26.52 %
from 1,046,590.38 £
Average area rental value
1,059.00 £/mo
Increased by 3.52 %
from 1,023.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 3,751.22 £/mo
Est rental Yield
5.32 %
Increased by 19.02 %
from 4.47 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Castle Estates 1982 created the listing.

Nearby Schools

NameTypeOfstedDistance
Saint Peter'S Catholic Primary School, A Voluntary AcademyAcademy ConverterGood0.23 KM
Hinckley Parks Primary SchoolAcademy Converter0.61 KM
St Mary'S Church Of England Primary School, HinckleyVoluntary Controlled SchoolRequires improvement0.93 KM
R.E.A.L Independent Schools HinckleyOther Independent Special School1.07 KM
Hastings High SchoolAcademy ConverterGood1.32 KM

Images

dji_fly_20250501_163624_849_1747651130277_photo_op Front (Exterior) SITTING ROOM KITCHEN OUTSIDE OUTSIDE ENTRANCE HALL ENTRANCE HALL SITTING ROOM LOUNGE DINING ROOM DINING ROOM DINING ROOM KITCHEN KITCHEN KITCHEN FIRST STUDY FLOOR LANDING MASTER BEDROOM BEDROOM TWO BEDROOM THREE BEDROOM FOUR FAMILY BATHROOM ANNEXE - WORK SHOP ANNEXE - WORK ROOM dji_fly_20250501_163922_850_1747651140910_photo_op

Nearby Streets

NameAverage PriceAverage SqftDistance
Woodstreet Close £ 000.00 KM
Gladstone Terrace £ 000.00 KM
Butt Lane Close £ 327,50000.00 KM
Langham Close £ 80,00000.00 KM
Dean Close £ 290,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Hinckley (Leics)1870HNK1.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spa Lane, Hinckley £ 395,000BUY6 / 100.00 KM
Leicester Road, Hinckley £ 425,000BUY6 / 100.02 KM
Leicester Road, Hinckley £ 390,000BUY5 / 100.02 KM
Plot 6, Hawksley Rise, Leicester Road, Hinckley £ 365,000BUY6 / 100.02 KM
Plot 1, Hawksley Rise, Leicester Road, Hinckley £ 495,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
55 Leicester Road £ 565,0000.01 KM
47 Leicester Road £ 305,0000.01 KM
53 Leicester Road £ 675,0000.02 KM
9 Leicester Road £ 150,0000.02 KM
41 Leicester Road £ 299,9950.02 KM