Front View / Car Standing

1 bed Flat For Sale £95,000
Granville Gardens, Hinckley


Description
LOCATION:
Nestled just a short stroll away from the heart of the picturesque town of Hinckley, this buy-to-let gem presents a lucrative investment opportunity for those seeking a hassle-free venture with robust returns. Conveniently situated within walking distance of a plethora of local amenities, including the train station, town centre shopping, supermarkets, leisure facilities, and verdant green spaces, this first-floor apartment in Granville Gardens offers both convenience and comfort. 

PROPERTY FEATURES:
Boasting a host of desirable features, this well-maintained apartment comprises a spacious lounge, a separate kitchen, a cosy bedroom, a modern bathroom, and ample built-in storage. With the added perks of allocated parking, double-glazed windows, and efficient gas central heating, the property ensures a comfortable and economical living environment. Furthermore, its commendable Energy Performance Certificate rating of C and Council Tax Band A designation underscore its cost-effectiveness and sustainability. 

FIRST TIME BUYERS
Granville Gardens could make an exceptional first rung on the housing ladder for a first time buyer who will appreciate the apartments locale and amenities.  

FINANCIAL CONSIDERATIONS:
As an investment property we would estimate a rental income of £625pcm meaning this investment promises lucrative returns of around 8%. A modest service charge of £76.17 per month, coupled with an annual ground rent of £50, ensures seamless management of communal areas and grounds. Moreover, the property's leasehold tenure of 999 years, with an outstanding 962 years remaining, guarantees long-term stability without the need for renewal or extension. 

MARKET OUTLOOK:
Capitalize on Hinckley's burgeoning popularity among commuters and families, thanks to its strategic location providing easy access to major cities such as Birmingham, Leicester, Coventry, and London via well-connected roadways and rail networks. Amidst a thriving rental market and favourable trends in Buy-to-Let mortgages, investing in property remains a reliable avenue for long-term stores of wealth and capital appreciation.

Don't miss out on this exceptional opportunity to secure a hassle-free investment with promising returns in Hinckley's vibrant rental market. Contact us today to arrange a viewing and take the first step towards building your investment portfolio. 

Follow the link for more information:
        
onthemarket.com

  
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