4-bedroom semi-detached house · LE18 2BN
Sold STCListed 298 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This deceptively spacious four bedroom end terrace property occupies a well-proportioned plot with a sought after Cul-de-Sac position.
The home is well presented and provides versatile living accommodation that will suit a varied array of potential buyers.
The extra bedroom space will appeal to those with larger families or perhaps require office space for those who work from home.
The home is conveniently positioned for a wide range of amenities both in Wigston Magna and South Wigston.
Wigston's leisure and medical centres are within walking distance and supermarkets and a variety of smaller shops and services are all only a short drive or bus ride away.
For commuters there are excellent road links into the city and South Wigston train station is readily accessible.
The property does offer scope to add value, either through extension, the full conversion of the loft or the general updating the existing space.
The current owner has replaced the double-glazed windows throughout the property.
Access to the home is via a recently fitted composite front door, done at the same time as the windows, and leads through to an entrance hall with stairs rising to the first floor landing and doors through to the lounge, kitchen and ground floor bathroom.
The lounge is a good size room with ample space for a range of living room and display furniture. There is a window to the front elevation and a hard-wearing laminate flooring.
It is a wonderful space to sit an unwind after a long day but is large enough to entertain gatherings of friends and family.
The kitchen diner is situated toward to the rear of the home and is filled with plenty of natural light thanks to a a set of French patio doors that open to the garden alongside a further window to the rear.
The kitchen section has a range of base and wall-mounted units with roll-edge work surfaces and porcelain sink and drainer.
There is space for a range cooker, freestanding fridge/freezer and space and plumbing for a washing machine and tumble dryer. The dining area has room for a large table and chairs.
Finally, on the ground floor, is the family bathroom which comprises a three piece white suite to include a bath with shower over, low flush WC and wash hand basin set on top of a vanity/storage unit.
The four bedrooms on the first floor does leave the option open for buyers to move the bathroom upstairs if preferred.
To the first floor, the principal bedroom is the largest of the four and overlooks the garden to the rear.
The second and third bedrooms are also double rooms both of which have windows to the front elevation.
The fourth bedroom is probably best described as a good size single room and does offer the flexibility to be used as an office space for those who work from home or even a dressing room if not required as a bedroom day-to-day.
The landing has a loft hatch with a drop-down ladder where an attic room can be accessed. Although not fully converted the loft room is another usable space.
To the front of the property a hard standing driveway provides off-road parking and there is secure gated access to the side and opens to the garden.
At the rear is a well-proportioned family garden which has a covered paved patio seating area and a lawn beyond. At the bottom of the garden is a timber-built storage shed.
The garden is an excellent space for kids to play and adults to entertain. The garden would also allow scope for significant extension without compromising too much of the outside space.
This delightful home represents fantastic value and will appeal to those who need the additional bedroom space but are working with tighter budgets than most four bedroom properties that are locally available.
Internal viewing is recommended to truly appreciate the space it offers and the future possibilities it holds. 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
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FAQ
About Coronation Avenue, Wigston, Leicestershire, LE18
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