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Lansdowne Grove, Wigston, Leicestershire LE18 - Image 1
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Lansdowne Grove, Wigston, Leicestershire LE18 - Image 3

Lansdowne Grove, Wigston, Leicestershire LE18

East Midlands

£150,000
Listed on 17/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
700 sqft

Description

This two-bedroom terrace townhouse presents an excellent opportunity for renovation within a desirable residential neighbourhood, conveniently located near a variety of local amenities. The property is being sold without any upward chain, making it ideal for those looking to move swiftly. While the home has been well-kept over the years, it offers potential owners a chance to enhance its value through modernization. Positioned close to a large supermarket as well as various shops, restaurants, and leisure facilities, this property is particularly attractive to first-time buyers with DIY skills or those in the trade. Additionally, buy-to-let investors and developers seeking immediate value-add opportunities should consider this property seriously. Upon entry, a practical hallway leads into a bright lounge that boasts a sizeable bay window which allows natural light to flood the space. This well-sized room offers ample versatility for furnishings and leads into the kitchen diner, which is spacious enough to accommodate additional storage units. Currently equipped with basic amenities such as a base unit and sink, this area can be reimagined into a modern kitchen suitable for contemporary living. The first floor features two double bedrooms that provide flexibility in usage based on personal preference; both are generously sized with good natural light and room for storage solutions. A bathroom completes this level with essential fixtures already in place but requiring updates. Outside, the garden is low-maintenance with a patio area and lawn that could benefit from landscaping improvements. Access to storage spaces at both the rear of the garden and down the side passage enhances practicality. Wigston offers excellent connectivity to Leicester City Centre via road or rail, making it an appealing location for commuters and families alike due to local schools and facilities. This property not only represents an inviting home but also possesses significant renovation potential in an active market.

Investment Analysis

(LE18 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£214/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£218,295
10% above area average per sq ft
Potential ROI
+24.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LE18)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -0.3%
5 year growth: +19.4%
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

Lansdowne Grove, Wigston, Leicestershire LE18
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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
£541
Based on a loan of £112,500 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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