2-bedroom property · LE18 3YA
Sold STCReduced £11k (−5.2%) on 21 JunListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two double bedroom house presents an excellent opportunity for both investors and first-time buyers.
The property features a generous open plan lounge and dining room, which is perfect for entertaining and family gatherings.
A door from this area leads directly to the rear garden, where you will find a small patio and a well-maintained lawn, ideal for enjoying the outdoors.
On the first floor, you will discover two double bedrooms, providing ample space for relaxation and rest. The shower room is conveniently located to serve both bedrooms.
Outside, the property benefits from an allocated off-road parking space.
Situated in a popular residential area of Wigston, this home is just a short distance from the town centre, local schools, shops, and various amenities.
The excellent road and public transport links make commuting to the city and accessing the motorways a breeze.
This property is an ideal investment opportunity, or it could serve as a delightful first home for those looking to settle in a vibrant community.
For further information and to arrange a viewing, please contact Hunters estate agents.
Hallway Kitchen (2.09 x 2.04 (6'10" x 6'8")) Lounge (4.72 x 3.67 (15'5" x 12'0")) Bedroom 1 (3.63m x 2.46m (11'11" x 8'1")) Bedroom 2 (3.63 x 2.13 (11'10" x 6'11")) Bathroom (0.3m) Material Information - Wigston Lettings Verified Material Information Monthly rent: £995 Council tax band: B Council tax annual charge: £1729.38 a year (£144.12 a month) Tenure: Freehold Property type: House Property construction: Standard form Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: None Heating features: None Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Good, Vodafone - Great, Three - Good, EE - Good Parking: Allocated Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: Yes: Shared garden Long-term area flood risk: Yes Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: Yes Energy Performance rating: E All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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.
Area
Agent & docs
FAQ
About 53, Acorn Way, Wigston
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