Launceston Road, Wigston, Leicestershire, LE18
SP

Launceston Road, Wigston, Leicestershire, LE18

By Spencers Estate Agency

£ 120,000

Reviews

2 out of 5 stars

Spencers Estate Agency says ..

This spacious and versatile two bedroom upper floor is well presented and is located above a small parade of shops on the sought after Little Hill Estate. Conveniently located for a plethora of local amenities including the medical and leisure centres, a wide selection of shops and eateries as we...

Property Oracle says ..

This two-bedroom flat in Wigston, Leicestershire, is situated above a parade of shops on the Little Hill Estate. The property offers a convenient location, with easy access to local shops, amenities, and schools. The nearby schools include Wigston Menphys Nursery School (rated ‘Good’), Little Hill Primary School, Wigston Birkett House Community Special School (rated ‘Outstanding’), and Wigston Academy. The proximity to South Wigston train station provides a viable transportation link. The internal photographs reveal a property that is habitable but would benefit from some modernisation and refreshing of the décor to enhance its appeal. The two bedrooms are of a decent size, and the bathroom and kitchen are functional. The flat features a small balcony, offering a limited outdoor space. Although the property does benefit from an overall good location and acceptable internal space, the lack of substantial private land and the need for some improvements reduce its overall attractiveness for prospective buyers. At £120,000, the price reflects the condition and location, making it potentially a viable option for first-time buyers or investors seeking a property with the potential for additional capital growth. However, the property is not without its limitations, which must be taken into consideration, for example; the lack of a garden and the need for modernisation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
661.98

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
300,781.00 £
Increased by 8.72 %
from 276,652.00 £
Est sale value
225,073.20 £
Increased by 11.48 %
from 201,903.90 £
Average area rental value
913.00 £/mo
Decreased by 11.70 %
from 1,034.00 £/mo
Est letting value
661.98 £/mo
Unchanged by 0.00 %
from 661.98 £/mo
Est rental Yield
3.64 %
Decreased by 18.93 %
from 4.49 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Spencers Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
Wigston Menphys Nursery SchoolLocal Authority Nursery SchoolGood0.56 KM
Little Hill PrimaryAcademy Converter0.65 KM
Wigston Birkett House Community Special SchoolAcademy Special ConverterOutstanding0.87 KM
Wigston AcademyAcademy ConverterRequires improvement0.92 KM
Thythorn Field Community Primary SchoolCommunity SchoolGood0.96 KM

Images

Front Lounge Diner Kitchen Principal Bedroom Bedroom Two Lounge Diner Kitchen Principal Bedroom Bathroom Balcony Bedroom View Principal Bedroom Lounge Diner Entrance Hall Principal Bedroom Bedroom Two Outlook To Front Open Space Behind Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Barton Close £ 000.00 KM
Buckfast Close £ 270,00000.00 KM
Cedar Avenue £ 000.00 KM
Kingswood Court £ 98,00000.00 KM
Hillside Avenue £ 315,00000.00 KM

Nearby Transport

NameNLCTLCDistance
South Wigston1949SWS2.67 KM
Leicester1947LEI6.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
Launceston Road, Wigston, Leicestershire, LE18 £ 120,000BUY5 / 100.00 KM
Launceston Road, Wigston £ 110,000BUY6 / 100.08 KM
Ringwood Close, Wigston, Leicestershire, LE18 £ 230,000BUYUnknown0.12 KM
Ringwood Close, Wigston, Leicester £ 250,000BUY7 / 100.13 KM
Bodenham Close, Wigston £ 350,000BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
2 Newbury Close £ 290,0000.10 KM
3 Newbury Close £ 315,0000.10 KM
6 Newbury Close £ 245,0000.10 KM
11 Woodford Close £ 96,0000.19 KM
13 Woodford Close £ 182,0000.19 KM