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Gloucester Crescent, Wigston

East Midlands

£230,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
1087 sqft

Description

This bungalow presents a remarkable opportunity for those seeking a property ripe for modernization. With two spacious double bedrooms and a layout conducive to renovation, it allows for creative enhancements that can truly make it your own. The lounge benefits from natural light through its dual windows, while the adjoining kitchen and conservatory provide flexibility in living space—ideal for reconfiguration according to personal tastes. A three-piece bathroom suite offers a functional base ready for upgrades. In addition to the main living areas, the exterior features a garage accompanied by a workshop and additional storage, catering to various needs. Situated in a desirable neighborhood, this property enjoys proximity to local amenities including shops, schools, parks, and excellent transport links. Commuters will particularly appreciate the nearby South Wigston railway station and accessible road connections. This is not just a home; it's an investment with significant potential for value addition. Viewing is encouraged early on to explore the possibilities that await.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£212/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£343,285
10% above area average per sq ft
Potential ROI
+29.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LE18)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -2.0%
5 year growth: +16.6%
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

Gloucester Crescent, Wigston
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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
£815
Based on a loan of £172,500 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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