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Brighton Avenue, Wigston, Leicester - Image 1
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Brighton Avenue, Wigston, Leicester

East Midlands

£240,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1001 sqft

Description

This three-bedroom semi-detached property presents a promising opportunity for those looking to undertake a renovation project or invest in an area with solid growth potential. Offering a spacious lounge and kitchen, the interior layout allows for flexibility in design and modernisation, making it an ideal canvas for personalisation. On the first floor, you will find two generously sized double bedrooms alongside a single bedroom and a family bathroom. The original features, such as open fireplaces in the bedrooms and lounge, may appeal to buyers looking to retain some of the property's character while making updates. Although the home requires some updating, it offers significant potential whether you're entering the housing market as a first-time buyer or seeking a buy-to-let investment. Located in Wigston Magna, this property is well-positioned for convenient access to everyday necessities. Local amenities include Sainsbury's and Aldi supermarkets, as well as reliable bus services connecting you to Leicester City Centre and nearby Knighton Park. This accessibility enhances its attractiveness for future tenants or resale. The front garden features a mixture of paved and gravel areas with shared side access leading to the rear garden. The rear garden includes a paved patio area, lawn, and outbuildings—providing additional utility or storage options—and is enclosed by fencing and walls, ensuring privacy. Overall, this property stands out not only for its size but also for its location within a community that offers various amenities and transport links. Given its renovation requirements and potential for enhancement, this could be an excellent investment opportunity for the right buyer.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -15.9% below area average per sq ft

-15.9%
Potential saving
This Property
£240/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
£313,979
10% above area average per sq ft
Potential ROI
+16.3%
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

Brighton Avenue, Wigston, Leicester
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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
£879
Based on a loan of £180,000 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