2-bedroom semi-detached house · LE18 3YA
Sold STCReduced £10k (−4.8%) on 16 SepListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive and spacious two-bedroom semi-detached property situated within the popular Wigston Meadows area.
Sold with a tenant in situ and offering a potential rental yield of 6.29%, this property presents an excellent opportunity for investors seeking an established rental investment.
The property briefly comprises an entrance porch leading into a fitted kitchen, with a generous lounge to the rear featuring French doors opening onto the garden and a spiral staircase rising to the first floor.
Upstairs are two double bedrooms and a family bathroom.
Ground Floor Entrance Porch Fitted Kitchen– 3.76m x 2.16m Spacious Lounge– 4.83m x 3.76m First Floor Bedroom One- 3.76m x 2.54m Bedroom Two– 2.92m x 2.24m Family Bathroom– 2.16m x 1.40m Front Garden An attractive established garden featuring a gravelled area with flowerbeds and shrubs, steps leading to a paved pathway and front entrance.
A paved driveway provides off-road parking. Rear Garden A good-sized, established rear garden with tiered patio seating area, lawn, flowerbeds and shrubs.
The garden also benefits from a shed, fenced boundaries and side access leading to the front of the property.
An excellent investment opportunity, sold with a tenant in situ and offering a potential rental yield of 6.29%. Internal viewing is highly recommended.
Conveniently located, the property is within easy reach of everyday amenities along Kelmarsh Avenue, with additional facilities available in Wigston Magna.
Families will appreciate the proximity to reputable local schools, such as Meadow and Glenmere Community Primary Schools.
For those commuting, regular bus services connect to Leicester City Centre, while the nearby Brocks Hill Country Park offers a delightful escape into nature.
This property is a true gem, and internal viewing is highly recommended to fully appreciate the accommodation and its prime location.
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 16, Acorn Way, Wigston
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