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See how verdicts work4-bedroom semi-detached house · LE18 3RJ
Listing removedReduced £25k (−6.7%) on 21 MayListed 543 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superb four bedroom semi-detached family home occupies a very attractive South facing plot in one of Wigston's most sought after residential areas.
The home has been extended to both side and rear and the garage has also been converted resulting in spacious and versatile living accommodation.
Conveniently located for a wide variety of local amenities the property is in close proximity to large supermarkets, an array of smaller shops, services and eateries as well as Wigston's leisure and medical centres.
For commuters there are excellent roads links into and out of the city of Leicester.
The accommodation itself includes a porch area that flows into the main entrance hall with stairs rising to the first floor.
Doors from the entrance hall lead through to the lounge, dining room, office and a ground floor shower room.
The lounge is a delightful and light space thanks to a large bay window to the front elevation.
However, the room's main focal point is an impressive stone fireplace that has inset a wood burning stove.
The second reception room is a dining room, which also a freestanding wood burning set into a central chimney breast.
The dining room easily accommodates a large table and chairs and sits open plan to the kitchen which was repositioned following the addition of a full width rear extension.
The kitchen is now a superb family area and again is filled with natural light due to a set of French patio doors that open to the garden with to large windows either side.
The kitchen itself includes a modern range of base and wall mounted fitted units, high quality laminate work surfaces and stainless steel sink and drainer.
There is space for a range cooker with extractor hood over and integral appliances include a fridge, freezer and dishwasher.
On the other side of the extension is a charming seating area, although this could also be used as a dining space which would free the dining room to be used for other purposes if required.
The home's original kitchen space has been turned into a separate utility room which has space and plumbing for both a washing machine and tumble dryer. There is also an additional sink and drainer.
The garage has also been converted into a versatile addition room which many buyers might use as an office space, especially those who work from home.
This avoids compromising one of the bedrooms upstairs.
A ground floor shower room has also been created which comprises a three piece suite to include a shower cubicle, low flush WC and wash hand basin that sits on top of a vanity unit.
To the first floor, the principal bedroom is a generous double with a bay window to the front elevation and ample room for a range of freestanding wardrobes and drawers.
The second bedroom is also a double room that overlooks the garden and benefits from a built-in storage cupboard/wardrobe.
The third bedroom, which was the old box room has been extended over the former garage to become a quirky space with two spaces connected via an open archway.
The fourth bedroom is a single room but does have a built-in wardrobe and again enjoys views over the fantastic rear garden.
Finally, on the first floor is a family bathroom which comprises a four piece suite to include a bath, separate corner shower cubicle, low flush WC and pedestal wash hand basin.
To the front of the home a block paved driveway provides off-road parking for two vehicles. At the rear is a very attractive and mature South facing garden with timber decked patio seating area.
Two distinct lawned areas are flanked by planted borders containing a variety of flora.
In addition, there is a timber-built outbuilding that offers useful storage space for garden tools and furniture.
This really is a wonderfully presented family home which offers both spacious and very versatile living accommodation as well as delightful outside space.
The home has wide ranging appeal and internal viewing is highly recommended. 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
Agent & docs

FAQ
About Mere Road, Wigston, Leicestershire, LE18
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