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Sussex Road, Wigston, Leicestershire, LE18 - Image 1
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Sussex Road, Wigston, Leicestershire, LE18

East Midlands

£200,000Guide Price

Listed on 04/07/2026

Property details

Bedrooms
2
Type
Bungalow

Description

This extended two-bedroom semi-detached bungalow presents a promising opportunity for renovation and investment, ideally located within walking distance of local amenities and William Gunning Park. The property features a welcoming entrance hall that leads to a spacious lounge enriched with natural light from large windows, offering a cozy atmosphere accentuated by a traditional gas fireplace. The kitchen is functional but would benefit from modern updates; it includes ample storage and space for essential appliances. Adjacent to the kitchen, the versatile dining room could easily serve as an additional living space or office, thanks to its dual aspect and access to the garden through sliding doors. Both double bedrooms provide generous accommodation, with one featuring fitted wardrobes for extra storage. The shower room includes essential fixtures but offers scope for improvement. Externally, the property boasts a substantial garden with lawned areas and planted borders, complemented by a detached garage that adds valuable workshop or storage functionality. While some refurbishment is necessary, this bungalow's overall layout and outdoor space contribute to its considerable appeal, making it an excellent candidate for those looking to invest in property enhancement. It’s important to note that this property is offered at auction with specific terms regarding completion and fees, marking it as an appealing prospect for investors looking for potential value.

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Investment analysis

(LE18 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LE18)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -3.4%
5 year growth: +10.9%
Investment Disclaimer: Analysis based on LE18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Sussex Road, Wigston, Leicestershire, LE18
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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