2-bedroom bungalow · LE18 3SX
Sold STCReduced £50k (−20%) on 2 OctListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a two bedroom detached bungalow occupying a larger than average plot position within a quiet cul-de-sac location in the heart of Wigston.
Requiring complete renovation throughout, the property offers fantastic potential for further improvement and extension subject to relevant planning permissions.
Benefiting from ample off-road parking, garage and generous rear gardens, this home is ideally suited for buyers looking to create a bespoke property within a highly regarded residential area.
Contact Phillips George to view.
Entrance Hall Step inside via the entrance hall, which also provides access to a useful storage cupboard, ideal for everyday household items and additional storage needs.
Lounge Dimensions: 14' 4" x 13' 8" (4.37m x 4.17m).
The lounge is positioned to the front of the property and offers a comfortable living space with carpeted flooring, radiator, and a double glazed window allowing plenty of natural light to flow through the room.
Kitchen Dimensions: 12' 6" x 10' 8" (3.81m x 3.25m). The kitchen is fitted with a range of wall and base level units with work surfaces, incorporating sink and drainer facilities.
There is a double glazed door and window overlooking the rear garden, radiator, and space for further appliances, creating a practical kitchen area with direct garden access.
Bedroom One Dimensions: 13' 8" x 11' 3" (4.17m x 3.43m).
Bedroom one is a generous double bedroom featuring fitted wardrobes, double glazed window to the front elevation, radiator, and carpeted flooring.
Bedroom Two Dimensions: 10' 8" x 7' 4" (3.25m x 2.24m).
Bedroom two enjoys views over the rear garden and benefits from fitted cupboards, radiator, and double glazed window, making it an ideal guest bedroom, nursery, or home office.
Bathroom The bathroom/shower room is fitted with a four piece suite comprising shower cubicle, bath, low level flush WC, wash hand basin, bidet, radiator, and obscure double glazed window to the rear.
Outside Outside, the property continues to impress with a brick and double glazed veranda/lean-to providing additional versatile space and access to the rear garden.
The rear garden itself has been landscaped with patio seating areas, artificial lawn, mature shrubs, and planted borders, creating a low maintenance outdoor space ideal for relaxing or entertaining.
Front Area To the front, the property occupies a larger than average plot with ample off-road parking, lawned frontage, and access to the garage.
The garage benefits from power, lighting, and an up-and-over door. Thinking Of Selling? We would be delighted to provide you with a free market appraisal/valuation of your own property.
Please contact Phillips George to arrange a convenient appointment on . Buying To Let?
Phillips George are expert, ARLA qualified letting agents with experience of all kinds of rental property across city and county.
Should you need a rental valuation for your new property or on any of your existing portfolio, or simply want some advice on the current rental market, call us now on .
Disclaimer And Important Information Phillips George Sales & Lettings for themselves and the vendors of this property whose agents they are, give notice that these particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars.
The vendors do not make or give and neither do Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to the property.
None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given.
All floorplans and dimensions have been provided as a guide for prospective buyers only, and should not be relied on as a true representation.
Current money laundering regulations require us to confirm proof of identity and residency of anyone intending to purchase.
We ask for your co-operation in providing the necessary documentation in order to avoid delays in agreeing the sale.
Disclaimer Phillips George Sales & Lettings give notice that any particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars.
Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to any property.
None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given.
All floorplans and dimensions have been provided as a guide for prospective buyers only, and should not be relied on as a true representation.
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
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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.
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FAQ
About 1 Windmill Bank, Wigston
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