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Leicester Road, Wigston

East Midlands

£330,000

Listed on 10/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1342 sqft

Description

This spacious 1930s double bay-fronted semi-detached house boasts over 1,300 square feet of living space, situated on a generous plot that offers considerable renovation potential. While the property has been well-maintained over the years, it provides a blank canvas for those looking to modernize or extend, subject to appropriate planning permissions. The size and layout allow for various transformation options, making it an appealing long-term family home. The entrance features a welcoming porch leading into a hallway that showcases the character of the era. The expansive through lounge and dining area spans the full depth of the house, designed for both comfortable family living and entertaining. A lovely walk-in bay window brightens this versatile space, while a practical pantry enhances storage options beneath the stairs. At the rear, the kitchen benefits from garden views and presents an opportunity for reconfiguration into a contemporary open-plan layout. The adjoining utility area includes a WC and offers additional storage; it could also serve as a workshop or hobby room alongside the garage that holds potential for future conversion. Upstairs, three well-sized bedrooms filled with natural light await, including a principal bedroom boasting fitted wardrobes and bay window charm. The family bathroom caters to all three rooms. The standout feature is undoubtedly the private rear garden with its sunny aspect—ideal for outdoor gatherings. A substantial patio expanse is perfect for entertaining while an expansive lawn offers plenty of room for activities or gardening pursuits. Steps lead to another raised patio area that could be transformed into an alfresco dining space or outdoor kitchen to maximize enjoyment of this tranquil setting. With its traditional 1930s charm and vast scope for enhancement, this property stands ready for its next owners to realize its full potential—be it through sympathetic restoration, expansion to meet modern needs, or comprehensive renovations.

Investment analysis

(LE18 area)

Below Market Value

This property is priced -14.6% below area average per sq ft

-14.6%
Potential saving
This Property
£246/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Target Value
£424,924
10% above area average per sq ft
Potential ROI
+3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LE18)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -3.4%
5 year growth: +10.9%
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

Leicester Road, Wigston
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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
£1,247
Based on a loan of £247,500 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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