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Barnstaple Close, Wigston, LE18 2 - Image 1
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Barnstaple Close, Wigston, LE18 2

East Midlands

£240,000
Listed on 13/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
942 sqft

Description

This three-bedroom semi-detached home on a quiet cul-de-sac in Wigston presents a promising opportunity for investors or those looking to add value through targeted refurbishment. With the foundation of modern updates already laid, including new carpeting and freshly plastered walls, the property provides a functional base for further enhancements. The open-plan kitchen/dining area features contemporary shaker-style cabinetry and stylish herringbone flooring—ideal for attracting prospective tenants or future owners. While the bathroom is in need of modernization, its pre-installed wiring for an electric shower simplifies potential upgrades. Additionally, the spacious rear garden and detached garage offer room for expansion or alternative uses pending appropriate permissions. Overall, this residence not only caters to the needs of families and professionals thanks to its favorable location near essential amenities but also stands as an appealing investment with excellent rental yield potential.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£255/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£295,265
10% above area average per sq ft
Potential ROI
+13.6%
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

Barnstaple Close, Wigston, LE18 2
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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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