3-bedroom bungalow · LE18 3RF
Sold STCListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grasmere Road, LE18 3RF An exceptional opportunity to acquire an extensive three-bedroom detached bungalow, occupying an enviable and generous plot in the highly sought-after ”Meres” area of Wigston.
This beautifully presented home offers a perfect blend of spacious living, high-quality finishes, and spectacular outdoor space.
An Impressive Welcome Arriving at the property, you are greeted by a sweeping in-and-out driveway providing parking for multiple vehicles.
This leads to the front entrance, opening into a bright and welcoming central reception hall that sets the tone for the rest of the home.
Living & Entertaining At the heart of the home is a spacious open-plan lounge and dining room.
The lounge features a cosy focal fireplace and flows seamlessly toward the conservatory, offering views over the expansive rear grounds.
The dedicated dining area easily accommodates a large dining table, making it an ideal space for hosting guests.
The recently refitted kitchen maximizes both style and functionality, boasting a wealth of storage, an integrated hob with an extractor fan, and an eye-level oven and grill.
A built-in breakfast bar provides a casual dining spot, while a large window floods the room with natural light and overlooks the garden.
There is also ample plumbing and space for additional appliances. Bedrooms & Bathroom The property offers three well-proportioned bedrooms.
Bedrooms one and two are positioned at the front of the bungalow, while bedroom three sits to the rear.
Serving the bedrooms is a contemporary four-piece family bathroom, complete with a freestanding shower, a separate bathtub, a low-level WC, and a wash hand basin.
The Ultimate Garden Retreat Externally, the mature rear garden delivers a true 'wow' factor.
Step outside onto a paved patio area that leads onto a manicured lawn, framed by established borders, vibrant flowers, and mature trees.
The garden continues into a further hidden garden space, featuring a tranquil water feature and additional mature landscaping.
Garage & Location To the side of the property is a detached single garage equipped with power, lighting, a traditional up-and-over door, and convenient side access.
Tucked away in a peaceful residential pocket, this home is ideally situated for easy access to both Wigston and Oadby town centres.
It also offers excellent transport links into Leicester City Centre, Fosse Park, and the motorway network, perfectly balancing privacy with connectivity.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 3, Grasmere Road, Wigston
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