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 %
- Est sale value
- 769,000.10 £Decreased by 26.52 %
- Average area rental value
- 1,059.00 £/moIncreased by 3.52 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 5.32 %Increased by 19.02 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Castle Estates 1982 created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Saint Peter'S Catholic Primary School, A Voluntary Academy | Academy Converter | Good | 0.23 KM |
| Hinckley Parks Primary School | Academy Converter | 0.61 KM | |
| St Mary'S Church Of England Primary School, Hinckley | Voluntary Controlled School | Requires improvement | 0.93 KM |
| R.E.A.L Independent Schools Hinckley | Other Independent Special School | 1.07 KM | |
| Hastings High School | Academy Converter | Good | 1.32 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Woodstreet Close | £ 0 | 0 | 0.00 KM |
| Gladstone Terrace | £ 0 | 0 | 0.00 KM |
| Butt Lane Close | £ 327,500 | 0 | 0.00 KM |
| Langham Close | £ 80,000 | 0 | 0.00 KM |
| Dean Close | £ 290,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hinckley (Leics) | 1870 | HNK | 1.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Spa Lane, Hinckley | £ 395,000 | BUY | 6 / 10 | 0.00 KM |
| Leicester Road, Hinckley | £ 425,000 | BUY | 6 / 10 | 0.02 KM |
| Leicester Road, Hinckley | £ 390,000 | BUY | 5 / 10 | 0.02 KM |
| Plot 6, Hawksley Rise, Leicester Road, Hinckley | £ 365,000 | BUY | 6 / 10 | 0.02 KM |
| Plot 1, Hawksley Rise, Leicester Road, Hinckley | £ 495,000 | BUY | 6 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 55 Leicester Road | £ 565,000 | 0.01 KM |
| 47 Leicester Road | £ 305,000 | 0.01 KM |
| 53 Leicester Road | £ 675,000 | 0.02 KM |
| 9 Leicester Road | £ 150,000 | 0.02 KM |
| 41 Leicester Road | £ 299,995 | 0.02 KM |