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Welford Road, Wigston, LE18 3SL - Image 1
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Welford Road, Wigston, LE18 3SL

East Midlands

£195,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house presents an intriguing opportunity for those looking to invest in a property with significant renovation potential. The home features two reception rooms that offer versatility in layout, alongside a practical kitchen space. Upstairs, you will find two bedrooms complemented by a bathroom. Noteworthy is the rear garden, which provides ample room for transformation into an inviting outdoor retreat, along with outbuildings that could serve as storage or even be repurposed for other uses. Situated in a well-connected area of Wigston, this property benefits from a strong sense of community and easy access to local amenities. Shops, cafés, and parks are within walking distance, enhancing the convenience of daily life. Public transport options nearby facilitate straightforward travel to Leicester city centre, making this location appealing for commuters. Families will appreciate the proximity to a variety of educational institutions. Primary schools such as Water Leys Primary and Glenmere Community Primary are just around the corner, while Wigston Academy offers secondary education options rated “Good” by Ofsted. Additionally, Wigston College and South Wigston High School are conveniently situated within the vicinity. With its blend of character and potential for modernization, this property is ideal for a buyer seeking to make their mark in a stable residential community. The combination of location and investment prospects makes this home worth exploring for anyone looking to create value through renovation.

Investment Analysis

(LE18 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.2%

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
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

Welford Road, Wigston, LE18 3SL
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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
£714
Based on a loan of £146,250 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