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Sussex Road, Wigston, Leicestershire, LE18 - Image 1
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Sussex Road, Wigston, Leicestershire, LE18

East Midlands

£210,000

Listed on 03/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
839 sqft

Description

This semi-detached bungalow offers significant renovation potential for buyers looking to create their ideal home. Set on a spacious plot, it is conveniently located within walking distance of local amenities, including shops and parks. The property features two double bedrooms, with the larger room benefiting from built-in wardrobes. The lounge is generously sized and bright, characterized by its large bay window and traditional fireplace. While the kitchen is functional, most buyers may wish to modernize it to better suit contemporary tastes. It leads into an extended dining area that could easily serve multiple purposes beyond just dining, such as a study or garden room. A shower room with essential fittings exists but could also be refreshed according to personal preferences. Externally, the property provides off-road parking and a detached garage at the rear, enhancing storage options. The mature garden includes a patio area perfect for outdoor relaxation alongside well-maintained borders, ideal for gardening enthusiasts or those desiring a serene outdoor space. This bungalow holds great promise for revitalization and is available with no upward chain.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -13.4% below area average per sq ft

-13.4%
Potential saving
This Property
£250/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£266,810
10% above area average per sq ft
Potential ROI
+8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LE18)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -3.7%
5 year growth: +13.9%
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

Sussex Road, Wigston, Leicestershire, LE18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£793
Based on a loan of £157,500 over 30 years at 4.45% 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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