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Farleigh Avenue, Wigston, Leicestershire

East Midlands

£240,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1061 sqft

Description

This three-bedroom semi-detached house is situated in a tranquil cul-de-sac in Wigston, presenting an excellent investment opportunity for those looking to create their ideal family home. While the interior requires modernisation, it offers a solid foundation and ample space for refurbishment. The property features a welcoming entrance porch leading into a spacious hallway, with an open-plan living and dining area that opens via sliding doors to the rear garden, enhancing the potential for indoor-outdoor living. A separate fitted kitchen provides additional functionality on the ground floor, which also includes good storage options. Upstairs, you will discover three bedrooms—two double rooms and one single—along with a family bathroom equipped with three pieces of essential fixtures. Furthermore, the loft access presents possibilities for conversion, adding further value to the property. Externally, off-road parking is available via a hard-standing driveway, complemented by a garage at the rear with side access. The generous garden space features a lawn area and ample room for outdoor relaxation during warmer months. Conveniently located near Wigston town centre, this home benefits from close proximity to everyday amenities such as shops, medical services, and highly-rated schools including All Saints Primary School and Wigston Academy. Additionally, with excellent transportation links to Leicester city centre and surrounding areas, this property embodies significant renovation potential in a desirable location.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -20.6% below area average per sq ft

-20.6%
Potential saving
This Property
£226/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£332,565
10% above area average per sq ft
Potential ROI
+20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (LE18)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -1.5%
5 year growth: +18.5%
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

Farleigh Avenue, Wigston, Leicestershire
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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
£866
Based on a loan of £180,000 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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