Saville Close, Hinckley

This is a rare opportunity to acquire an attractive freehold residential investment portfolio which has been in the ownership of the current owners from new and is now only available due the planned retirement of the more senior owner directors.

In brief the investment comprises 12 modern town houses in four blocks which are now available to acquire as a complete portfolio or potentially as two lots of 6 units each. Each block has 1 x 3 bedroom and 2 x 2 bedroom houses with front and rear gardens and garage en-bloc. Two blocks are situated at each end of the cul de sac.

All of the houses are constructed in cavity brickwork surmounted by pitched and tiled roofs and benefit from uPvc double glazing together with gas fired central heating (although please note that no tests have been applied).

At this time the investment is fully let generating a combined rental of £111,900 per annum with significant potential for future rental growth.

The subject properties are situated on Saville Close which forms part of the favoured Stoneygate residential housing estate lying just over 1 mile to the north of Hinckley town centre. The properties occupy a sought after cul de sac position, within easy walking distance of local bus routes, local shops and also an Asda superstore.

Hinckley is a popular Leicestershire market town with a population in the order of 55,000 (Local Authority 112,000) lying approximately 13 miles to the south west of Leicester.

The town enjoys good motorway connections with junction 1 of the M69, being located on the south eastern fringe of the conurbation approximately 2 miles from the town centre.

All mains services are connected to the subject properties. Heating is provided by way of gas fired central heating systems to each property.

The subject properties are available to be acquired as a complete freehold residential investment opportunity subject to the current occupational tenancies as previously detailed.

The preference of the owners is to sell this portfolio as a single lot albeit the freeholders may be prepared to entertain the sale of two separate lots, each consisting of 6 homes and 6 garages.

Purchase price upon application.

Each party to bear their own legal costs.

The individual dwellings which make up this investment benefit from C or D EPC ratings with 8 of the units rated C and 4 rated D.

A full schedule of the currently lodged EPC's can be provided on request.