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See how verdicts work3-bedroom house · LE18 3UT
Listing removedReduced £25k (−7.7%) on 24 MarListed 304 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and versatile three bedroom semi-detached home occupies a fantastic position overlooking open green space within the new Wigston Meadows estate.
The accommodation arranged over three floors has certainly been designed for modern family living and has a flexible room on the ground floor that could be used as an office space, ideal for those working from home, or even a fourth bedroom if required.
The home is well-positioned for a wide variety of local amenities with supermarkets, smaller shops and services as well as leisure and medical centres all within a short drive or bus ride away.
Commuters will find excellent road links into the city of Leicester and a variety of other destinations.
Access to the home is via a composite front door that opens into an entrance hall which has a tiled floor and stairs rising to the first floor landing.
Off the hallway is a useful ground floor WC which means the home has toilet facilities on each floor. There is also a built-in cupboard and doors through to the study and kitchen diner.
The study room, situated toward the front of the home is a versatile space. Although, best suited as an office space this room could be used in a variety of ways.
It certainly could be used as a play or games room for children, alternatively it could be used as a snug or even a fourth bedroom if required.
The feature space on the ground floor is a superb kitchen diner/family area that benefits from a set of French patio doors that open to the garden.
The kitchen area comprises a modern range of base and wall-mounted fitted units with a high-gloss finish and roll-edge work surfaces.
There is a one and a half bowl stainless-steel sink and drainer, integral gas hob with extractor hood over and a built-in electric oven underneath.
Other integral appliances include a fridge/freezer, dishwasher and washing machine. Further storage is provided by a large under stairs cupboard.
As well as the kitchen area there is also a sizeable reception space which not only accommodates a table and chairs, but also a sofa, making the space ideal for entertaining family and friends.
The main lounge is situated on the first floor. This is a delightful room with a window to the front elevation which enjoys views over green space to the front.
The room is large enough to accommodate a range of living room and display furniture.
If a buyer to preferred to utilise the ground floor only in terms of kitchen and reception space, then the main lounge could be used as a large bedroom.
The principal bedroom is also found on the first floor and has a window the overlooks the garden to the rear and also benefits from an en-suite shower room which comprises a three-piece suite to include a walk-in shower cubicle, low flush WC and pedestal wash hand basin.
A further flight of stairs from the first floor landing rises to the second floor, where there are two further double bedrooms. These bedrooms share a family bathroom positioned between them.
The bathroom again comprises a three-piece suite which includes a bath with shower over, low flush WC and wash hand basin.
To the side of the home a driveway provides ample off-road parking as well as direct car access to a single garage which has light, power and up and over main door.
There is also secure gated access to the rear garden. At the rear is a private garden with a lawn sandwiched between two timber decked seating areas including one that is located behind the garage.
The garden is ideal for relaxing with a drink in the summer sunshine or for children to play.
This superb family home is highly flexible and should consequently appeal to a wide range of prospective buyers.
Internal viewing is highly recommended to truly appreciate the space and finish this property has to offer. Wigston is a suburb situated to the South of Leicester City Centre.
A popular local hub the main High Street provides a wide range of local shops, amenities, restaurants and eateries.
The transport links for commuters are excellent heading into and out of the city by road either by car and regularly serviced bus routes or by rail via South Wigston train station.
In addition, there are a number of reputable local schools for all age groups.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 52, Gregory Way, Leicestershire
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