3-bedroom house · LE18 2BB
For saleListed 119 days
Opportunity summary
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About
This rather unique semi-detached family home is a relatively modern home and is very different and much larger than most of the neighbouring terraced homes on Cherry Street.
The home is very well presented throughout and has been extended at the rear which has created a very impressive lounge diner.
The home is well placed for a wide range of local amenities with excellent access to both Wigston Magna and South Wigston.
These high streets offer a huge range of shops and services, supermarkets, eateries and are close to Wigston's leisure and medical centres.
Commuters will not only find excellent road links into the city of Leicester but will also find that South Wigston train station is readily accessible.
The home itself also offers options to create office space within the home or outside in the garden.
The home is ideally suited to first time buyers, young families and even those looking to downsize but wanting to remain close to local amenities.
Access to the home is via a front door that leads into a spacious refitted kitchen.
The kitchen has a window to the front elevation and includes an extensive range of base and wall-mounted fitted units with roll-edge work surfaces and a one and half bowl stainless-steel sink and drainer.
There is a full range of integrated appliances including a gas hob, with extractor over, built-in eye-level double electric oven, fridge, freezer, dishwasher and washing machine.
A staircase from the kitchen rises to the first-floor landing and a door leads through to the magnificent extended lounge diner.
The lounge diner is a fabulous dual aspect room filled with plenty of natural light thanks to a set of sliding patio doors that open to the garden, a set of French doors that open to the side of the home and in between two further windows.
The lounge section of the room is situated toward the rear with the main focal point being a contemporary flame effect electric fire that is inset into the chimney breast.
The dining area is situated closer to the kitchen and can comfortably accommodate a large dining table and chairs ideal for dinner parties and family occasions.
The room still has ample space for various items of storage and display furniture and could easily take a desk and chair to create a working space if required.
To the first floor, all three bedrooms are double rooms, and all are very smartly decorated. Bedrooms One and Two, which are the largest of the three, both benefit from fitted wardrobes.
The third bedroom has the flexibility to be used as an office or dressing room if not required as a bedroom day-to-day.
These bedrooms are serviced by a stunning family bathroom which comprises a four-piece white suite including a corner shower cubicle, claw foot roll-edge bathtub, low flush WC and pedestal wash hand basin.
To the front of the home there is a block paved parking space, sheltered by the bathroom above.
A set of secure double gates open to a continuation of the driveway behind where two further vehicles can be parked.
The fact the home has off-road parking, and a garage is another feature many of the neighbouring homes do not possess.
At the rear is a private and relatively low maintenance garden with a large paved patio seating area ideal for entertaining family and friends in the summer months.
A lawn offers a space for children to play. Within the garden is a detached garage which, if not used for parking, provides further storage, utility and workshop space.
This is a really deceptive home that must be viewed internally to truly appreciate the space it offers and the quality of presentation throughout.
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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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.
Area
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FAQ
About 7, Cherry Street, Leicestershire
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