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Eastmere Road, Wigston LE18

East Midlands

£550,000

Listed on 07/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow

Description

This extended bungalow presents a versatile living opportunity with an independent one-bedroom annexe, making it ideal for multi-generational families or as a rental income source. The three-double bedroom main residence enjoys ample space and sits on a larger-than-average plot, which offers significant potential for further extensions or development, pending the necessary planning approvals. The interior features include a welcoming porch leading to a hallway with distinctive wooden flooring, two spacious reception areas—one with elegant dual bay windows and another perfect for dining that opens onto the garden. The kitchen diner is well-equipped with modern amenities and provides convenient access to a utility room and guest WC. Three generously-sized bedrooms complete the main bungalow layout. The annexe serves as a self-contained living space, complete with its own entrance, kitchen diner, lounge, double bedroom with built-in storage, and a wet room—ideal for guests or extended family members. Outdoors, the property boasts extensive parking capabilities alongside a large workshop in the rear garden area and well-maintained lawns surrounded by mature plants and trees. A patio area creates a welcoming outdoor space suited for entertaining. Given its location on the outskirts of Wigston, this home is conveniently situated near local amenities and transport links to Leicester City Centre. With its generous proportions and flexible living arrangements, this property holds great promise for those looking to invest in renovation or expansion opportunities.

Investment Analysis

(LE18 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
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

Eastmere Road, Wigston 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
£1,962
Based on a loan of £412,500 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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