# 2 bedroom flat for sale (LE10 1NX) ## Property Details | Key | Value | |-----|-------| | Address | 6 ST JOHNS, HINCKLEY, LEICESTERSHIRE LE10 1NX | | Price | £140,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Last sold | £125,000 Mar 2022 | ## Description The Property A fantastic opportunity to puchase a two bedroom apartment situated in a popular part of Hinckley. The property is being sold as Chain Free and would be ideal if you are a first time buyer, landlord or if you are considering downsizing. Situated in a convenient residential location with access to local amenities such as shops, bars, restaurants and parks, it is also in close proximity to Hinckley Town Centre & Train Station and offers good travel links to Leicester, Coventry and the M69. Accommodation comprising, communal entrance, entrance hallway, living room, kitchen, two bedrooms and bathroom. There is secure allocated parking and communal areas surrounding the building. **Property ownership information** Ground rent review period: No review period Service charge review period: No review period Lease end date: 24/09/2992 Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks. ## Property Photos - ![Front View](/listings/photos/149175893/502567) - Front View - ![Outside](/listings/photos/149175893/502571) - Outside - ![Hallway](/listings/photos/149175893/502572) - Hallway - ![Lounge](/listings/photos/149175893/502573) - Lounge - ![Lounge](/listings/photos/149175893/502574) - Lounge - ![Kitchen](/listings/photos/149175893/502576) - Kitchen - ![Kitchen](/listings/photos/149175893/502577) - Kitchen - ![Bedroom One](/listings/photos/149175893/502582) - Bedroom One - ![Bedroom One](/listings/photos/149175893/502584) - Bedroom One - ![Bedroom Two](/listings/photos/149175893/502586) - Bedroom Two - ![Bedroom Two](/listings/photos/149175893/502587) - Bedroom Two - ![Bathroom](/listings/photos/149175893/502588) - Bathroom - ![Bathroom](/listings/photos/149175893/502589) - Bathroom ## Floorplans - ![Floorplan 1](/listings/photos/149175893/502591) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/149175893/502592) - epc ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 6 ST JOHNS, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1NX | £125,000 | 04/03/2022 | Flat | | 6 ST JOHNS, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1NX | £94,500 | 17/12/2019 | Flat | | 6 ST JOHNS, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1NX | £45,000 | 22/09/2000 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 30 ST JOHNS, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1NX | £100,000 | 15/03/2024 | Flat | | VICTORIA COURT 12 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £145,000 | 11/10/2022 | Flat | | VICTORIA COURT 11 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £128,000 | 14/09/2022 | Flat | | VICTORIA COURT 5 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £120,000 | 19/08/2022 | Flat | | VICTORIA COURT 9 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £120,000 | 22/07/2022 | Flat | | VICTORIA COURT 13 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £123,500 | 17/06/2022 | Flat | | 9A CHARLES STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1PT | £112,000 | 31/03/2022 | Flat | | 15 ST JOHNS, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1NX | £98,500 | 31/03/2022 | Flat | | 7 ST JOHNS, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1NX | £118,500 | 28/01/2022 | Flat | | THE QUARTERS 14 NEW STREET, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QY | £121,000 | 07/01/2022 | Flat | | VICTORIA COURT 10 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £115,000 | 17/12/2021 | Flat | | VICTORIA COURT 18 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £115,000 | 03/12/2021 | Flat | | 27 ST JOHNS, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1NX | £85,500 | 10/11/2021 | Flat | | VICTORIA COURT 15 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £115,000 | 05/11/2021 | Flat | | VICTORIA COURT 14 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £120,000 | 29/10/2021 | Flat | | VICTORIA COURT 20 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £114,000 | 19/10/2021 | Flat | | VICTORIA COURT 16 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £115,000 | 16/07/2021 | Flat | | VICTORIA COURT 21 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £115,000 | 16/07/2021 | Flat | | VICTORIA COURT 8 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £115,000 | 16/07/2021 | Flat | | VICTORIA COURT 7 DERBY ROAD, HINCKLEY, HINCKLEY AND BOSWORTH, LEICESTERSHIRE, LE10 1QJ | £115,000 | 16/07/2021 | Flat | **Area average:** £115,550 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £113,750 (18 Flat, LE10, 2024–2026) - **Deviation:** +23.1% ## Rental Range *ONS Price Index of Private Rents (Hinckley and Bosworth). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £830/mo - **Realistic:** £922/mo - **Optimistic:** £1,014/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £648/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Ashby Road, LE10 | £950/mo | 2 | 0.35 miles | OpenRent | **Average rent: £950/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.68% (weak for cashflow) - **Max investor price (0.8%):** £118,750 - **Target investor price (1%):** £95,000 *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 £950/mo).* - **Gross yield:** 8.1% - **Cost-to-rent:** 12.3× - **Monthly cashflow:** £279/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 8.2% *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:** -4.4% - **10y growth:** 43.2% ## House Price Index (HM Land Registry) *Official index for Hinckley and Bosworth; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -0.9% - **5y growth (index):** 10.9% - **10y growth (index):** 46.3% ## 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)