For sale Flat

Upper Bond Street

Hinckley, Leicestershire, LE10 1RT

300000

none

# The subject property comprises former hosiery factory premises within the Druid Quarter of Hinckley, situated between Bond Street and Druid Street.

The property has planning permission for demolition and erection of new apartment building and associated landscaping works and parking.

The approved plans comprises 6 one bedroom (approx. 50 sq m) and 3 two bedroom apartments (approx. 80 sq m), arranged over three storeys, with 9 associated car parking spaces. (LE10 1RT)

## Property Details

| Key | Value |
|-----|-------|
| Address | Upper Bond Street, Hinckley, Leicestershire, LE10 1RT |
| Price | 300000 |

## Description

The subject property comprises former hosiery factory premises within the Druid Quarter of Hinckley, situated between Bond Street and Druid Street.

The property has planning permission for demolition and erection of new apartment building and associated landscaping works and parking.

The approved plans comprises 6 one bedroom (approx. 50 sq m) and 3 two bedroom apartments (approx. 80 sq m), arranged over three storeys, with 9 associated car parking spaces.

## Property Photos

- ![Photo 1](/listings/photos/759468286222672/1281615) - Photo 1
- ![Photo 6](/listings/photos/759468286222672/1281616) - Photo 6
- ![Photo 2](/listings/photos/759468286222672/1281617) - Photo 2
- ![Photo 5](/listings/photos/759468286222672/1281618) - Photo 5
- ![Photo 7](/listings/photos/759468286222672/1281619) - Photo 7
- ![Photo 4](/listings/photos/759468286222672/1281624) - Photo 4
- ![Photo 5](/listings/photos/759468286222672/1281625) - Photo 5
- ![Photo 8](/listings/photos/759468286222672/1281626) - Photo 8

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PRAETOR HOUSE 2 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RP | £137,500 | 21/11/2025 | Flat |
| PRAETOR HOUSE 5 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RP | £130,000 | 26/09/2025 | Flat |
| TRIBUNE HOUSE 18 FACTORY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DU | £127,000 | 22/08/2025 | Flat |
| JURIST HOUSE 4 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RW | £136,000 | 14/03/2025 | Flat |
| UPPER HOUSE, 79 - 81 FLAT 12 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1WB | £112,500 | 28/02/2025 | Flat |
| [Same street] 139 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RT | £193,000 | 27/01/2025 | Terraced |
| [Same street] 153 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RT | £173,000 | 16/11/2023 | Terraced |
| TRIBUNE HOUSE 21 FACTORY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DU | £128,000 | 31/07/2023 | Flat |
| [Same street] 155 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RT | £151,408 | 28/07/2023 | Terraced |
| TRIBUNE HOUSE 14 FACTORY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DU | £65,000 | 13/07/2023 | Flat |
| 15 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX | £130,000 | 30/06/2023 | Flat |
| 9 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS | £115,000 | 30/06/2023 | Flat |
| 11 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX | £130,000 | 30/06/2023 | Flat |
| 17 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX | £102,000 | 30/06/2023 | Flat |
| 2 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS | £130,000 | 23/06/2023 | Flat |
| 5 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS | £135,000 | 23/06/2023 | Flat |
| 4 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS | £130,000 | 23/06/2023 | Flat |
| 3 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS | £130,000 | 23/06/2023 | Flat |
| 51 FACTORY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DW | £145,000 | 23/06/2023 | Flat |
| 7 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS | £130,000 | 23/06/2023 | Flat |
| 23 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX | £115,000 | 23/06/2023 | Flat |
| 9 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX | £130,000 | 23/06/2023 | Flat |
| 8 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS | £130,000 | 23/06/2023 | Flat |

**Street average:** £172,469 (3 sales)
**Area average:** £124,400 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £110,935 (23 Flat, LE10, 2024–2026)
- **Deviation:** +170.4%

## Rental Range

*ONS Price Index of Private Rents (Hinckley and Bosworth). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £833/mo
- **Realistic:** £926/mo
- **Optimistic:** £1,019/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Terraced House, Factory Road, LE10 | £875/mo | 1 | 0.06 miles | OpenRent |
| 3 Bed Terraced House, Factory Road, LE10 | £1,125/mo | 3 | 0.07 miles | OpenRent |
| 2 Bed Terraced House, Albert Road, LE10 | £950/mo | 2 | 0.14 miles | OpenRent |
| 1 Bed Flat, Former Police Station, LE10 | £995/mo | 1 | 0.21 miles | OpenRent |
| Studio Flat, Edward St, LE10 | £600/mo | 1 | 0.22 miles | OpenRent |
| 2 Bed Flat, Weavers Court, LE10 | £1,200/mo | 2 | 0.3 miles | OpenRent |
| 1 Bed Flat, Castle Street, LE10 | £645/mo | 1 | 0.32 miles | OpenRent |
| 6 Bed Detached House, Kirfield Drive, LE10 | £625/mo | 6 | 0.67 miles | OpenRent |

**Average rent: £877/mo (8 listings)**

## 1% Rule

- **Rent ratio:** 0.3% (weak for cashflow)
- **Max investor price (0.8%):** £114,125
- **Target investor price (1%):** £91,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £913/mo).*

- **Gross yield:** 3.7%
- **Cost-to-rent:** 27.4×
- **Monthly cashflow:** £-385/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -5.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -7.7%
- **10y growth:** 20.8%

## House Price Index (HM Land Registry)

*Official index for Hinckley and Bosworth; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -2.7%
- **5y growth (index):** 9.9%
- **10y growth (index):** 40.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

FREEHOLD

Local average

£110,935 (+170.4%)

Deprivation

Decile 5 (16,476 of 33,755)

Street crime

222 incidents within 1 mile (May 2026)

Key features

Planning permission for demolition and a new build block of 9 apartments (Reference 24/00366/FUL)
Situated within the Druid Quarter of Hinckley
Frontages to Druid Street and Upper Bond Street
Site area 0.18 acres (0.07 hectares)

Description

The subject property comprises former hosiery factory premises within the Druid Quarter of Hinckley, situated between Bond Street and Druid Street.

The property has planning permission for demolition and erection of new apartment building and associated landscaping works and parking.

The approved plans comprises 6 one bedroom (approx. 50 sq m) and 3 two bedroom apartments (approx. 80 sq m), arranged over three storeys, with 9 associated car parking spaces.

Listed by

Wards Commercial, Hinckley

Reference: 759468286222672

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address	Current	Potential	Floor area	Age band	Type
135, Upper Bond Street, HINCKLEY	51	92	93 m²	England and Wales: 1900-1929	Terraced
137, Upper Bond Street, HINCKLEY	72	90	82 m²	England and Wales: before 1900	Terraced
139, Upper Bond Street, HINCKLEY	57	88	88 m²	England and Wales: before 1900	Terraced
141, Upper Bond Street, HINCKLEY	17	86	86 m²	England and Wales: 1930-1949	Terraced
143, Upper Bond Street, HINCKLEY	62	82	81 m²	England and Wales: before 1900	Terraced
145 Upper Bond Street, HINCKLEY	59	79	82 m²	England and Wales: 1900-1929	Terraced
145, Upper Bond Street, HINCKLEY	63	78	78 m²	England and Wales: before 1900	Terraced
153, Upper Bond Street, HINCKLEY	48	75	80 m²	England and Wales: 1900-1929	Terraced
155 Upper Bond Street, HINCKLEY	64	80	71 m²	England and Wales: 1900-1929	Terraced
155, Upper Bond Street, HINCKLEY	72	93	67 m²	England and Wales: 1900-1929	Terraced
157 Upper Bond Street, HINCKLEY	70	81	67 m²	England and Wales: 1900-1929	Terraced
157, Upper Bond Street, HINCKLEY	63	84	66 m²	England and Wales: 1900-1929	Terraced
165, Upper Bond Street, HINCKLEY	42	79	122 m²	England and Wales: before 1900	Terraced
169 Upper Bond Street, HINCKLEY	56	78	82 m²	England and Wales: 1900-1929	Terraced
173 Upper Bond Street, HINCKLEY	74	79	122 m²	England and Wales: 1900-1929	Terraced

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Listed for sale	—	£300,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
PRAETOR HOUSE 2 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RP	£137,500	21/11/2025	Flat
PRAETOR HOUSE 5 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RP	£130,000	26/09/2025	Flat
TRIBUNE HOUSE 18 FACTORY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DU	£127,000	22/08/2025	Flat
JURIST HOUSE 4 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RW	£136,000	14/03/2025	Flat
UPPER HOUSE, 79 - 81 FLAT 12 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1WB	£112,500	28/02/2025	Flat
Same street 139 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RT	£193,000	27/01/2025	Terraced
Same street 153 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RT	£173,000	16/11/2023	Terraced
TRIBUNE HOUSE 21 FACTORY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DU	£128,000	31/07/2023	Flat
Same street 155 UPPER BOND STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1RT	£151,408	28/07/2023	Terraced
TRIBUNE HOUSE 14 FACTORY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DU	£65,000	13/07/2023	Flat
15 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX	£130,000	30/06/2023	Flat
9 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS	£115,000	30/06/2023	Flat
11 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX	£130,000	30/06/2023	Flat
17 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX	£102,000	30/06/2023	Flat
2 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS	£130,000	23/06/2023	Flat
5 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS	£135,000	23/06/2023	Flat
4 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS	£130,000	23/06/2023	Flat
3 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS	£130,000	23/06/2023	Flat
51 FACTORY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DW	£145,000	23/06/2023	Flat
7 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS	£130,000	23/06/2023	Flat
23 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX	£115,000	23/06/2023	Flat
9 GARDEN ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0DX	£130,000	23/06/2023	Flat
8 HARRIS PLACE, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 0PS	£130,000	23/06/2023	Flat

Street average: £172,469 (3 sales)

Area average: £124,400 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -7.7%

10y growth 20.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Hinckley and Bosworth. Series: Flats and maisonettes. As of April 2026.

1y (index) -2.7%

5y (index) 9.9%

10y (index) 40.8%

Rental Range

Estimated market rent for Hinckley and Bosworth. Low = conservative, Realistic = average, Optimistic = best case.

Low £833/mo

Realistic £926/mo

Optimistic £1,019/mo

Based on Local Authority from postcode lookup → Hinckley and Bosworth.

LHA (30th percentile) floor for Leicester: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View LE10 1RT

Address

Druid Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Londis	0.1 miles
Bus stop	New Street	0.1 miles
Bus stop	Upper Bond Street	0.1 miles
Shop	Hole in the Wall	0.3 miles
Train station	Hinckley	0.8 miles
Train station	Shenton	4.1 miles
Hospital	Stewart House	7.2 miles
Hospital	George Elliot Medical Centre	10.5 miles
University	Unknown	11.1 miles

Street-level crime

Category	Count
Violence and sexual offences	87
Anti-social behaviour	42
Criminal damage and arson	27
Shoplifting	14
Public order	13
Other theft	10
Drugs	8
Vehicle crime	5
Other crime	4
Burglary	3
Possession of weapons	3
Theft from the person	3
Bicycle theft	2
Robbery	1
Total incidents	222

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Saint Peter's Catholic Primary School, A Voluntary Academy	Primary	0.4 miles	Good — 11 Jun 2013
Hinckley Parks Primary School	Primary	0.4 miles	Good — 4 Sep 2014
St Mary's Church of England Primary School, Hinckley	Primary	0.4 miles	Good — 3 Oct 2023
R.E.A.L Independent Schools Hinckley	Other	0.6 miles	Good — 14 Nov 2021
Richmond Primary School	Primary	0.6 miles	Good — 12 Jan 2020

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Terraced House, Factory Road, LE10	£875/mo	1	0.06 miles	OpenRent
3 Bed Terraced House, Factory Road, LE10	£1,125/mo	3	0.07 miles	OpenRent
2 Bed Terraced House, Albert Road, LE10	£950/mo	2	0.14 miles	OpenRent
1 Bed Flat, Former Police Station, LE10	£995/mo	1	0.21 miles	OpenRent
Studio Flat, Edward St, LE10	£600/mo	1	0.22 miles	OpenRent
2 Bed Flat, Weavers Court, LE10	£1,200/mo	2	0.3 miles	OpenRent
1 Bed Flat, Castle Street, LE10	£645/mo	1	0.32 miles	OpenRent
6 Bed Detached House, Kirfield Drive, LE10	£625/mo	6	0.67 miles	OpenRent

Average rent: £877/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.3%

Max investor price (0.8%) £114,125

Target investor price (1%) £91,300

Gross yield 3.7%

Cost-to-rent ratio 27.4×

Monthly cashflow £-385/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -5.3%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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