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Wigley Road, LEICESTER, Leicestershire, LE5

East Midlands

£200,000
Listed on 23/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1002 sqft

Description

This two-bedroom semi-detached home offers a prime opportunity for those looking to take on a renovation project in a sought-after residential area. The property features substantial space throughout, including two sizable reception rooms that lead into a conservatory, providing potential for enhanced living areas. Upstairs, you'll find two bedrooms and a shower room, all of which require comprehensive modernisation. Outside, there is off-road parking and a rear garden, perfect for creating an outdoor retreat or expanding the living footprint. This property is well-suited for investors aiming to add value or first-time buyers eager to personalise their future home in a convenient location.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -29.4% below area average per sq ft

-29.4%
Potential saving
This Property
£200/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£311,482
10% above area average per sq ft
Potential ROI
+29.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +8.4%
5 year growth: +22.6%
Investment Disclaimer: Analysis based on LE5 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

Wigley Road, LEICESTER, Leicestershire, LE5
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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
£721
Based on a loan of £150,000 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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