2-bedroom semi-detached house · LE18 3BE
Under offerListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE GLEN - A unique opportunity to buy a brand new two-bedroom semi-detached house on this sought after scheme in the town of Wigston, near Leicester.
Available on the shared ownership scheme, the price shown is for a 45% share. Shares available from 10% to 75%.
THESE HOMES ARE ESTIMATED TO BE BUILD COMPLETE AT THE END OF JUNE 2026 In brief the accommodation comprises of an open plan lounge/kitchen/diner with under stair storage and access to a rear lobby and cloakroom.
Upstairs you will find the master bedroom and one further bedroom (both with storage) and a family bathroom.
Shared Ownership Shared ownership provides an affordable way for you to become a homeowner, by buying a share in a new home and paying a subsidised rent on the remaining share.
You can then purchase further shares in your home, up to 100%, which we call "staircasing". As further shares are purchased the rent reduces accordingly.
The rent payable based on a 45% share would be £315.10 pm (based on a Full Market Value of £250,000). Plus, you will pay an estimated service charge of £46.73 pm.
Wigston Meadows sits within the town of Wigston, just south of Leicester, where a strong sense of community meets everyday convenience and excellent connectivity.
Green space plays an important role in life at Wigston Meadows. Landscaped open areas, footpaths and cycleways weave through the development, creating space to walk, play and unwind.
Children’s play areas sit alongside green corridors, while the wider Leicestershire countryside and destinations such as Bradgate Park offer further opportunities to explore.
Families are well catered for, with Ofsted ‘Outstanding’ and ‘Good’ rated schools nearby, including Meadow Community Primary School and Beauchamp City Sixth Form, as well as a brand-new school planned within walking distance.
Wigston blends local character with modern convenience.
High-street retailers, independent restaurants, bakeries and supermarkets sit alongside local pubs, gyms and leisure centres, creating places to meet, relax and connect.
Essential services, including a hospital, doctors’ surgeries, dentists and pharmacies are all close at hand, making everyday life well supported.
Nearby attractions such as the King Richard III Visitor Centre, National Space Centre and Wistow Maze add cultural and family-friendly interest, while Leicester city centre offers shopping, dining and entertainment just minutes away.
Perfectly placed for commuters, Wigston Meadows benefits from excellent road links to the M1, M69 and A6.
Leicester city centre is just 15 minutes away, while South Wigston train station provides direct rail services to neighbouring cities and London in around 65 minutes.
External image is computer generated. The specification is subject to change and any dimensions are not guaranteed to be 100% accurate.
New Home - Council Tax Band yet to be set These homes are advertised on behalf of the Amplius. Eligibility rules apply.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Plots D277 and D278, Grey Close, Wigston Meadows, Wigston, Wigston, Leicestershire, LE18 3AZ
Explore nearby