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Roehampton Drive, Wigston

East Midlands

£260,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1016 sqft

Description

Nestled in the desirable suburb of Wigston, this detached bungalow presents a promising opportunity for those looking to invest in a property with renovation potential. Featuring three well-proportioned bedrooms—one currently utilized as a dining room—this home offers adaptability to meet varying lifestyle requirements. The spacious lounge serves as a central gathering spot, while the separate kitchen awaits your personal design choices. While the interior would benefit from some modernization, it provides an ideal canvas for new owners to infuse their style and preferences. The layout can be reconfigured or extended, subject to necessary planning permissions, opening up further possibilities for transformation. Conveniently situated, this bungalow boasts excellent access to major roadways and public transport, making it particularly appealing for commuters navigating the city and surrounding areas. The property comes with the advantage of no upward chain, facilitating an uncomplicated transition for future occupants. For those interested in exploring its full potential, a 360-degree virtual tour is available, allowing prospective buyers to appreciate both the current layout and the many opportunities this property holds. With its inherent charm and location benefits, this bungalow is poised to attract attention from various buyers keen on turning it into their dream home or investment project.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -10.3% below area average per sq ft

-10.3%
Potential saving
This Property
£256/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£318,684
10% above area average per sq ft
Potential ROI
+9.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE18)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.4%
5 year growth: 19.2%
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

Roehampton Drive, Wigston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE