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Wigston Street, Countesthorpe, Leicester, Leicestershire, LE8 - Image 8
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Wigston Street, Countesthorpe, Leicester, Leicestershire, LE8 - Image 10

Wigston Street, Countesthorpe, Leicester, Leicestershire, LE8

East Midlands

£162,000
Listed on 26/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
707 sqft

Description

This two-bedroom semi-detached home presents a significant opportunity for renovation and investment. Offering a foundation that can be tailored to your personal style, the property features a spacious reception area, perfect for both relaxation and entertaining guests. The adjacent kitchen area holds promise for modernization, allowing you to create a culinary space that meets contemporary standards and personal preferences. Both bedrooms are generous in size, adaptable for use as comfortable living quarters or multipurpose spaces like home offices or guest rooms. Located in a desirable area of Countesthorpe, this property benefits from excellent transport links to Leicester city centre and surrounding locations. Families will appreciate the close proximity to reputable schools alongside various local amenities including shops and cafes which ensure convenience in daily life. While the house requires modernisation, it stands as an ideal candidate for those looking to add value through renovation—be it first-time buyers eager to make their mark or investors searching for a promising asset. This property truly awaits your vision and creativity to transform it into an inviting home.

Investment Analysis

(LE8 area)

Below Market Value

This property is priced -24.0% below area average per sq ft

-24.0%
Potential saving
This Property
£229/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£234,515
10% above area average per sq ft
Potential ROI
+19.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -0.1%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on LE8 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

Wigston Street, Countesthorpe, Leicester, Leicestershire, LE8
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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
£593
Based on a loan of £121,500 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