4-bedroom detached house · LE18 3RB
Sold STCListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EXTENDED BUNGALOW WITH SELF CONTAINED ANNEXE!
- Newton Fallowell are delighted to bring to the market this significantly extended three double bedroomed detached bungalow with the addition of a one bedroom annexe, perfect for extended families in search of a well proportioned home occupying a desirable position on the outskirts of Wigston.
Sitting on a larger than normal plot with amazing potential for further extensions and development subject to necessary consent, it truly needs to be seen to be fully appreciated.
Benefiting from gas central heating and double glazing, the internal layout offers a porch, hall, two reception rooms, kitchen diner, utility and guest WC, with three double bedrooms and a bathroom.
The annexe features an entrance lobby, kitchen diner, lounge, double bedroom and wet room.
Offering parking for multiple vehicles and lawned gardens, large workshop to the rear, an early viewing is recommended.
Step inside your new home: Upon entering the bungalow, you are welcomed into a porch leading through to a hallway with characterful wooden flooring.
The main reception room is bright and airy, featuring dual bay windows and a fireplace, while a second reception room offers an ideal dining space with built-in storage and patio doors opening to the patio and garden.
The kitchen diner is fitted with a range of units, work surfaces, a built-in oven, space for a cooker, and a 1.5 bowl sink, along with an island and room for dining.
It also provides access to the outside and a utility room with WC. There are three well-proportioned bedrooms, two with built-in wardrobes, and a bathroom fitted with a five-piece suite.
Self Contained Annexe: A key feature of the property is the annexe extension, ideal for extended family living.
It benefits from its own front door leading into an entrance lobby with a walk-in cloak room, housing the annexe gas central heating boiler.
The kitchen is fitted with a range of units, a built-in oven, hob with extractor hood, and space for appliances.
A door opens into a bright reception room with dual aspect glazing and patio doors opening to the patio and garden.
The double bedroom includes built-in wardrobes and provides access to both the main bungalow and a private wet room fitted with a shower, wash basin, and WC.
Larger than normal plot: A standout feature of the bungalow is its generous plot, offering excellent potential for extension or further development, subject to the necessary consents.
A driveway runs alongside the property to the rear, providing ample off-road parking for multiple vehicles and access to a large workshop and garage.
To the right-hand side, there is a well-enclosed lawned garden that enjoys a high degree of privacy, complemented by a variety of mature plants, shrubs, and trees.
A patio area adjoins the bungalow, creating an ideal space for outdoor seating and entertaining.
The workshop is 8.1m x 4.3m Location: The property is ideally located for convenient access to everyday amenities in Wigston Magna, including Sainsbury’s and Aldi supermarkets, as well as well-regarded local schools.
It also benefits from regular bus routes providing easy connections to Leicester City Centre and Knighton Park.
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 Eastmere Road, Wigston, LE18
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