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Lansdowne Grove, Wigston, Leicestershire, LE18 - Image 1
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Lansdowne Grove, Wigston, Leicestershire, LE18

East Midlands

£150,000
Listed on 16/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
700 sqft

Description

This two-bedroom terrace townhouse is positioned in a desirable residential area, conveniently located within walking distance to a variety of local amenities. Although the property has been kept in good condition, it presents a significant opportunity for modernisation and enhancement, making it an appealing investment for buyers looking to increase value. The location is advantageous, with a large supermarket nearby and an array of smaller shops, services, and dining options just a short stroll away. Wigston offers excellent leisure and medical facilities as well, alongside convenient transport links that make commuting into Leicester straightforward via both road and rail. With South Wigston train station close at hand, this home is also perfect for buy-to-let investors or developers seeking to apply their skills and capitalize on immediate renovations. Upon entering the property through the front door, you are welcomed into a small entrance hall leading up to the first floor. The spacious lounge benefits from abundant natural light thanks to a large bay window at the front, providing ample space for various furniture arrangements. Adjacent to the lounge is a generously sized kitchen diner that currently features basic storage solutions but has great potential for upgrades; there is room for new cabinetry and appliances as well as plumbing connections already in place. The first floor accommodates two double bedrooms—each capable of serving as the principal room depending on preference—with one offering garden views. The layout allows for additional storage options like wardrobes and drawers. Completing the upper level is a three-piece bathroom suite that could be modernized further. Outside, the front garden offers privacy thanks to hedging from passersby, while the rear presents a manageable outdoor space with patio seating area and lawn divided by pathway access to storage solutions. This property indeed holds immense potential for those willing to invest time into its refurbishment.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£214/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £22,000
Target Value
£218,295
10% above area average per sq ft
Potential ROI
+26.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Lansdowne Grove, Wigston, Leicestershire, LE18
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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
£541
Based on a loan of £112,500 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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