17 Druid Street, Hinckley, Leicestershire

Description

A very well positioned two bedroomed property with bags of potential and scope to improve, adding to the value. Comprising of front lounge, kitchen/diner, family bathroom and two double bedrooms. Externally to the rear is a garden and to the front is on-street parking. The property is also well placed for access to local schools and colleges, including nearby primary schools and the local college, making the location particularly attractive to families and those studying locally.

Accommodation

Lounge - 3.43m x 3.4m; Kitchen/Breakfast Room/Dining Room - 3.4m x 3.33m; Modern Bathroom - 3.12m x 1.92m; Bedroom 1 - 3.43m x 3.4m; Bedroom 2 - 3.38m x 3.38m

Location

Hinckley is a well-established market town situated in south-west Leicestershire, offering a good balance between town amenities and access to the surrounding countryside. The town centre provides a wide range of shops, supermarkets, restaurants, cafés and everyday services, alongside leisure and recreational facilities. The property is well placed for access to local schools and colleges, including nearby primary schools and the local college.

Tenure / Property Information

Investment Analysis

Five same-street completed sales range from £145,000 to £215,000, but bedroom count, condition, specification and tenure for the comparables are not supplied. The range therefore indicates local price evidence only and does not support a reliable subject-specific GDV. The property is described as having scope to improve, but no detailed condition or works schedule is provided.

Investment Snapshot

Strategy Recommendation

Proceed only after verifying tenure, legal pack, condition, required works, rental demand and all special-condition fees. Do not rely on the guide price or the full comparable-sales range without further evidence.

Works Required

Obtain a full inspection and costed schedule. The supplied description supports general improvement and value-add potential, but does not identify specific defects or works that can be reliably budgeted.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably because refurbishment costs, achievable rent and a defensible subject-specific GDV are unavailable. The same-street sales provide useful context but lack sufficient comparability detail.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Yield calculations are therefore unsupported. The known guide price is £60,000 plus the £1,500 buyer premium, before any other applicable costs or works.

Flip Analysis

A flip surplus cannot be calculated. Completed same-street sales range from £145,000 to £215,000, but the evidence does not establish which value is appropriate for this two-bedroom property or quantify works, selling costs or other project costs.

Investor Risks & Due Diligence

• No subject-property tenure or occupancy information is supplied.

• No sufficiently specific rental evidence is available, so rental income and yield cannot be established.

• The description states scope to improve but provides no detailed condition or costed works schedule.

• Same-street sold comparables vary from £145,000 to £215,000 and lack bedroom and condition details.

• Additional fees may be listed in the Special Conditions of Sale.

• EPC, council tax and heating information is not supplied.

Recommendation

Proceed only after verifying tenure, legal pack, condition, required works, rental demand and all special-condition fees. Do not rely on the guide price or the full comparable-sales range without further evidence.

Strategy Rating

Analysis Confidence

Completed sales are available, but comparable bedroom count and condition are unknown; rent, refurbishment costs, tenure, occupancy, EPC, council tax, heating and additional fees are also unavailable.