Stanhope Road, Wigston, LE18
SP

Stanhope Road, Wigston, LE18

By Spencers Estate Agency

£ 280,000

Reviews

3 out of 5 stars

Spencers Estate Agency says ..

This three bedroom detached bungalow is offered with no upward chain and occupies a generous corner plot within a sought after residential area. The property does require modernisation and refurbishment throughout but does offer huge potential to any buyer to add significant value post purchase.<...

Property Oracle says ..

This three-bedroom detached bungalow in Wigston, Leicestershire, presents a mixed opportunity. Located on Stanhope Road within the Wigston Meadowcourt area, the property benefits from a relatively convenient location near several well-regarded primary schools (The Meadow Community Primary School and Thythorn Field Community Primary School, both rated ‘Good’ by Ofsted) making it attractive for families. The nearby South Wigston and Leicester train stations offer good transport links. The property itself, however, requires substantial modernisation. The photos reveal dated décor and fittings in the kitchen, bathroom, and bedrooms that are in need of a complete refurbishment. While the structure appears sound, the considerable renovation needed should be factored into any purchase decision. A significant positive is the presence of a sizable garden, providing outdoor space and potential for enhancement. The listing price of £280,000 appears reasonable in relation to other similar properties in the area which are also listed in need of modernisation, but buyers should budget for extensive renovations. Potential buyers should be prepared for significant expenditure to upgrade the property to modern standards, taking this into consideration when assessing its overall value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,307.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
355,872.00 £
Increased by 11.25 %
from 319,886.00 £
Est sale value
623,439.00 £
Increased by 35.13 %
from 461,371.00 £
Average area rental value
983.00 £/mo
Decreased by 14.52 %
from 1,150.00 £/mo
Est letting value
1,307.00 £/mo
Unchanged by 0.00 %
from 1,307.00 £/mo
Est rental Yield
3.31 %
Decreased by 23.20 %
from 4.31 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Spencers Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
The Meadow Community Primary SchoolAcademy ConverterGood0.87 KM
Thythorn Field Community Primary SchoolCommunity SchoolGood1.04 KM
Wigston Magna Sure Start Children'S CentreChildren's Centre1.11 KM
All Saints Church Of England Primary SchoolAcademy Converter1.24 KM
Wigston Menphys Nursery SchoolLocal Authority Nursery SchoolGood1.36 KM

Images

Kitchen Kitchen Bedroom Three Garden Bathroom Garden Front Lounge Garden Room Lounge Bedroom One Bedroom Two Bedroom One Front and Side Rear Elevation

Nearby Streets

NameAverage PriceAverage SqftDistance
Welford Road £ 342,50000.00 KM
Grassington Drive £ 000.00 KM
Naseby Close £ 000.00 KM
Hillside Avenue £ 315,00000.00 KM
Preston Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Wigston1949SWS3.88 KM
Leicester1947LEI6.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stanhope Road, Wigston, LE18 £ 280,000BUY6 / 100.00 KM
Stanhope Road, Wigston £ 280,000BUYUnknown0.00 KM
Stanhope Road, Wigston £ 425,000BUY6 / 100.04 KM
Stanhope Road, Wigston, Leicester £ 440,000BUYUnknown0.05 KM
Harcourt Road, Wigston £ 169,995BUY6 / 100.16 KM

Nearby Properties

AddressPriceDistance
14 Stanhope Road £ 175,0000.00 KM
26 Stanhope Road £ 165,0000.00 KM
17 Stanhope Road £ 375,0000.00 KM
2 Stanhope Road £ 335,0000.00 KM
52 Stanhope Road £ 545,0000.00 KM