This three-bedroom semi-detached property presents a significant opportunity for renovation and investment. The home has unfortunately suffered from prolonged neglect and will require comprehensive refurbishment, necessitating a complete 'back to brick' restoration. Despite its current state, the potential for value addition is considerable, making it an appealing prospect for investors looking to refurbish for rental or resale.
Situated conveniently within reach of various local amenities and transport links, including access to Wigston Magna, South Wigston, Blaby, and Aylestone, the property benefits from proximity to supermarkets, shops, eateries, leisure facilities, and medical centers. The excellent road connections to Leicester city center and Junction 21 of the M1/M69 enhance its desirability. The home falls within catchment areas for reputable schools catering to all age groups, ensuring that post-renovation it will attract a wide demographic of buyers or renters.
The accommodation includes an entrance hall leading to a spacious lounge and kitchen with integral garage access on the ground floor. Upstairs houses three generously-sized bedrooms alongside a bathroom. There is also ample scope for extension at both sides or the rear of the property, further enhancing its market value.
Required works are extensive and include clearing out the property entirely, rewiring, replumbing, replastering along with installing a new kitchen and bathroom facilities. New glazing and doors will also be essential components of the renovation. While the investment needed is substantial due to these renovations, this pricing structure reflects the work involved—thus promising respectable returns for builders or developers willing to take on this project.
Additionally, features like a driveway and side garage open up further possibilities either through conversion or replacement as part of an extension plan. The sizeable garden at the rear is overgrown but holds potential after clearing and necessary landscaping work.
Those considering undertaking this refurbishment should prepare for a committed investment of time and resources in order to restore this home effectively.
