4-bedroom semi-detached house · LE18 2HN
Sold STCListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hampsons are delighted to present to the market with NO UPWARD CHAIN this purpose built four bedroomed semi-detached home with a non-overlooked rearward aspect and a much larger than average plot with a large rear garden.
Requiring a scheme of modernisation but offering excellent potential to extend subject to planning and being positioned in a sought after area on the very edge of Wigston, an early inspection is advised to avoid disappointment.
The internal accommodation comprises in brief; a porch leading into an entrance hall with a staircase rising to the first floor and doors off to a lounge with a walk in bay window to the front and a feature fireplace.
A set of double doors leads through to a dining room which in turn leads into the conservatory.
The kitchen is fitted with a range of wall and base units, integrated cooker and space for appliances and there is a rear lobby with two store cupboards, a WC and access to the integral garage.
To the first floor there are three double bedrooms with a very generous single room, with the master and second bedroom both having fitted wardrobes.
The family bathroom is fitted with a panelled bath with shower over, low flush WC and a wash hand basin set into a vanity unit.
Externally, the front of the property has a driveway affording off road parking for two cars and giving access to a single integral garage.
The rear gardens are of exceptional proportions, have a good degree of privacy and are mainly laid to lawn with flagstoned patio areas, a large timber shed and a selection of mature shrubs.
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 Homestead Drive, Wigston, LE18
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