2-bedroom house · LE18 2AN
Listing removedListed 94 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious two bedroom bay fronted, pallisaded terraced home available to rent in the heart of Wigston.
Situated ideally for local shops and amenities, the property comprises two reception rooms, kitchen and store downstairs, together with two double bedrooms, office space and bathroom upstairs.
The property has been well maintained and is available for viewings immediately.
EPC Rating: D Disclaimer & Important Information Phillips George Sales & Lettings for themselves and the landlords of this property whose agents they are, give notice that these particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract.
Potential tenants must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars.
The landlords do not make or give and neither do Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to the property.
None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given.
All floor plans and dimensions have been provided as a guide for prospective tenants only, and should not be relied on as a true representation.
Current money laundering regulations require us to confirm the proof of identity together with other information of anyone intending to let the property.
We ask for your co-operation in providing the necessary documentation in order to avoid delays in agreeing the let. Parking - On Street There is on street, permit parking the front of the property.
At time of publishing the permit costs £55 per year.
Disclaimer Phillips George Sales & Lettings give notice that any particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars.
Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to any property.
None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given.
All floorplans and dimensions have been provided as a guide for prospective buyers only, and should not be relied on as a true representation.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 13 Paddock Street, Wigston
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