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Wigston Lane, Aylestone, Leicester

East Midlands

£230,000
Listed on 06/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
988 sqft

Description

This three-bedroom semi-detached house represents an intriguing investment opportunity, particularly for cash buyers looking to revitalise a property in a desirable location within the East Midlands. The home is set in a tranquil area that balances convenience with peaceful living while being close to local amenities. Although the interior requires updating, it provides a solid foundation for those wishing to add value through renovation. Key features include a spacious through lounge diner with abundant natural light, a functional kitchen, and three well-proportioned bedrooms. The bathroom is equipped with essential fittings, but will benefit from modernisation. Externally, there's off-road parking available and a manageable paved rear garden. Prospective buyers are encouraged to perform their due diligence as they explore the potential this house holds for transformation into a contemporary family home or investment property.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£233/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£299,794
10% above area average per sq ft
Potential ROI
+17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 1.6%
5 year growth: 18.2%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 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