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Wigston Lane, Aylestone, Leicester

East Midlands

£190,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
988 sqft

Description

This three-bedroom semi-detached house presents a prime opportunity for cash buyers looking for a project in a desirable location. The property requires updating throughout but offers significant potential to create a comfortable family home or investment property. The layout includes a through lounge diner, kitchen, and a bathroom that can be modernized to enhance functionality and appeal. Outside, you’ll find off-road parking at the front and an easily maintained paved garden at the rear, which could benefit from landscaping or additional features. Situated in an area that's conveniently close to local amenities yet retains a sense of tranquility, this property is ideal for those ready to make their mark. The auction format allows flexibility in financing approaches, making it an attractive option for savvy buyers willing to invest time and resources into renovations.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -31.2% below area average per sq ft

-31.2%
Potential saving
This Property
£192/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£303,652
10% above area average per sq ft
Potential ROI
+38.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on LE2 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 Lane, Aylestone, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£685
Based on a loan of £142,500 over 30 years at 4.06% 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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