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Horndean Avenue, Wigston, Leicestershire, LE18 - Image 1
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Horndean Avenue, Wigston, Leicestershire, LE18

East Midlands

£225,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
889 sqft

Description

This three-bedroom semi-detached home is situated on a desirable corner plot, offering ample renovation potential for buyers looking to customize their living space. With no upward chain, this property presents an attractive opportunity for investors and homeowners alike. While significant refurbishment is required throughout the house, the potential for adding substantial value through renovations is evident. Conveniently located near numerous amenities including shops, supermarkets, and leisure facilities, as well as good transport links to Leicester City Centre, this property benefits from its prime position. Upon entering, a small porch leads into an entrance hall with stairs accessing the first floor. The spacious lounge features a large bay window which infuses the room with natural light but has been previously partitioned from the dining area. This layout can be reimagined; prospective buyers may consider restoring it to its original design or creating an open-plan kitchen diner by adjusting the dividing wall. The kitchen requires full refurbishment but offers essential unit space and connections for appliances; a back door leads out to the garden. Upstairs are two generously sized double bedrooms and a smaller single room that could serve as an office or guest accommodation. These rooms share a wet room which also stands to benefit from modernisation. The corner plot provides additional off-road parking opportunities with hard-standing areas leading up to a garage featuring an electric roller door—potential buyers might see value in extending or reconstructing this space. The low-maintenance rear garden presents further possibilities for outdoor enhancement. Overall, this property holds great promise for those eager to engage in DIY projects or renovations to create their ideal home.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£253/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£284,862
10% above area average per sq ft
Potential ROI
+7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LE18)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -4.0%
5 year growth: +13.5%
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

Horndean Avenue, Wigston, Leicestershire, LE18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£803
Based on a loan of £168,750 over 30 years at 3.97% 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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