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Wigston Road, Blaby, Leicester, Leicestershire. LE8 4FU - Image 1
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Wigston Road, Blaby, Leicester, Leicestershire. LE8 4FU

East Midlands

£285,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
710 sqft

Description

This three-bedroom semi-detached house in Old Blaby presents a promising opportunity for investors and buyers looking to add value. Situated within a short walk of Blaby village, the property is conveniently placed near local shops and amenities, making it an attractive option for families and first-time buyers alike. The ground floor features an inviting entrance hall that leads to a bright lounge and a functional kitchen/diner, complemented by a convenient downstairs WC. Upstairs, you will find three bedrooms and a family bathroom, all ready for personalisation. The sizable rear garden offers potential for landscaping or even extension possibilities, especially given the approved planning permission (Blaby District Council Ref: 25/0014/HH) that allows for enhancements to the existing layout. Additional features include off-road parking, a large garage suitable for storage or conversion into additional living space (subject to permissions), as well as the practicality of gas central heating and uPVC double glazing throughout. While it's move-in ready, there are various avenues for renovation that could significantly augment its value.

Investment Analysis

(LE8 area)

Above Market Value

This property is priced +31.8% above area average per sq ft

+31.8%
This Property
£401/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£237,775
10% above area average per sq ft
Potential ROI
-26.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE8)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +0.9%
5 year growth: +7.3%
Investment Disclaimer: Analysis based on LE8 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 Road, Blaby, Leicester, Leicestershire. LE8 4FU
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,009
Based on a loan of £213,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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