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See how verdicts work3-bedroom house · LE18 2JS
Sold STCReduced £30k (−10.3%) on 10 SepListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superbly presented and significantly extended three/four bedroom semi-detached family home occupies a plot within a sought after residential area.
The extension accommodates a dining area off the main lounge.
The garage has also been fully converted which has created a highly versatile room which could be used as an office space, playroom or even a fourth bedroom.
Another addition is a bespoke outbuilding which the current owners use as a games/entertainment space.
The home is well positioned for a plethora of local amenities including supermarkets, a variety of smaller shops, services and eateries, as well as leisure and medical centres.
The home is also within the catchment for the highly regarded Little Hill Primary school and Wigston Academy.
The home is spacious, very well looked after and will appeal to a wide range of potential buyers.
Access to the home is via a composite front door that opens to a welcoming entrance hall with stairs rising to the first floor landing and doors that open to the lounge and office/bedroom four.
The lounge is generous and filled with plenty of natural light thanks to a large window to the front elevation, and further natural light coming through the window and patio doors found in the extended dining area.
The main focal point of the room is a delightful feature fireplace that is set onto a central chimney breast.
The extended dining area sits open plan to the lounge and is a dual aspect room with a set of French patio doors with floor to ceiling windows on either side and a further window to the side elevation.
The kitchen has a contemporary range of base and wall-mounted fitted units with timber effect roll-edge work surfaces and a one and a half bowl composite sink and drainer.
Integrated appliances include an induction hob, with extractor over, built-in electric oven and fridge/freezer. In addition, there is space and plumbing for a washing machine.
A window to the rear overlooks the garden and a back door provides access to the garden. The final room on the ground floor is the converted garage.
This flexible space has a multitude of potential uses. The current owners choose to use the room as a gym with space to accommodate a treadmill, exercise bike and a weights rack.
However, it could easily be a large office space, negating the need to compromise a bedroom, a second sitting room, play room for children or alternatively a fourth bedroom if required.
To the first floor there are three well-proportioned bedrooms, all of which have space for freestanding wardrobes and drawers.
The bedrooms are serviced by a bathroom that compromises a three-piece white suite to include a corner bath with shower over, low flush WC and pedestal wash hand basin.
To the front of the home a block paved driveway provides ample side by side parking and a shingle bed with a line of evergreen trees offer the home an attractive kerb appeal.
At the rear is a low maintenance garden with a paved patio seating area ideal for outdoor furniture and a place to relax in the sunshine.
In addition to the outside space there is a fabulous bespoke outbuilding with French patio doors that is currently used as an entertainment/games room.
There is a bar area, space for a pool table and/or dartboard and plenty of comfortable seating. Again, this outbuilding is versatile and could be a garden office or simply used for storage.
This is a wonderful and magnificently presented home 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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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
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FAQ
About 3, Cawsand Road, Leicestershire
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