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Horndean Avenue, Wigston Fields

East Midlands

£225,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
905 sqft

Description

This 3-bedroom semi-detached home presents a promising opportunity for renovation and modernization. While it features uPVC double glazed windows, the property is in need of significant upgrades throughout. Positioned on a corner plot, it offers potential for side extensions, subject to necessary permissions, alongside internal reconfigurations to create a more functional family space. The layout includes a porch that leads into an entrance hall providing access to multiple downstairs rooms, including a former through lounge that has been divided into two areas—a utility space and dining area with garden views—and a kitchen that requires a complete refurbishment. Upstairs, there are two generous double bedrooms and a single bedroom, with the current bathroom set up as a wet room. The exterior offers ample parking options with access to a single garage and an enclosed rear garden, featuring various landscaping elements. Located in Wigston Fields, this property benefits from proximity to local schools and amenities, making it an ideal candidate for buyers looking to invest in their future.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£249/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£282,224
10% above area average per sq ft
Potential ROI
+6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LE18)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -0.3%
5 year growth: +19.4%
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

Horndean Avenue, Wigston Fields
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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
£811
Based on a loan of £168,750 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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