3 Homestead Drive, Wigston
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3 Homestead Drive, Wigston

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We have confidence in this estimated current valuation Updated recently
£230,750
Or £1,500 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Oct 28, 2023
£175,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 3 Homestead Drive, Wigston, a cozy and compact semi-detached type home with 3 bed in the LE18 2HP area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band C.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £230,750 and a rental potential of £1,500 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Oct 28, 2023. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" Three Bedroom Semi-Detached Home
No Upward Chain
Generous Corner Plot
Refurbishment and Modernistaion Required Throughout
Spacious Lounge
Potential Kitchen Diner
Scope to Extend Subject to Local Planning
Off-Road Parking & Garage
Front & Rear Gardens
Available via Modern Method of Sale


Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.

This three bedroom semi-detached home is offered with no upward chain and occupies a generous corner plot within a sought after residential area. The plot would allow scope for extension to both side and rear subject to planning. However, extension is not the only way to add significant value to this property.

The accommodation itself will require a comprehensive refurbishment and modernisation throughout and therefore the ability to add value will be immediate through any improvements made to the existing footprint without the need to extend.

The property includes a generous lounge with window to the front elevation and a feature fireplace. The lounge flows through to a dining area which in turn sits adjacent to the kitchen. The dining area has a window to the rear elevation and the kitchen has windows to both side and rear and a door that opens to the garden. This space is ripe to create a stunning kitchen diner that would overlook the garden.

To the first floor there are two good size double bedrooms and a further versatile third single bedroom. There is also a bathroom with a separate WC. Most potential buyers would probably look to knock the WC and bathroom into one larger space which might allow for a four piece suite if carefully designed.

To the front of the home there is a front garden which enhances the homes kerb appeal. The back garden wraps around to the side of the home and is made up of a lawn, paved patio seating area and planted borders. Also at the rear is a detached garage with driveway in front which provides off road parking.

Although, this property certainly needs some time and work it does not take much imagination to realise just how delightful this home could be. Internal viewing is highly advised.

Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of ยฃ6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of ยฃ300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
"

Property Data

Data point Compared to road
Tax band C
275 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,050 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Little Hill Primary
0.1mi
Wigston Menphys Nursery School
0.2mi
All Saints Church of England Primary School
0.2mi
Wigston Academy
0.2mi
Wigston Birkett House Community Special School
0.3mi
Nearby Stations
South Wigston Station
1.0mi
Leicester Station
3.3mi
Narborough Station
3.9mi
Syston Station
7.8mi
Sileby Station
10.2mi

Comparable properties

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Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 3 Homestead Drive, Wigston worth?

    3 Homestead Drive, Wigston is now worth £230,750 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 3 Homestead Drive, Wigston - click click here to get a valuation with no strings attached.

  2. What is the rental value of 3 Homestead Drive, Wigston?

    The current rental valuation for this property is £1,500 per month, within a price range of £1,350 and £1,650.

  3. How many bedrooms does 3 Homestead Drive, Wigston have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 3 Homestead Drive, Wigston?

    Nearby schools in include Little Hill Primary, Wigston Menphys Nursery School, All Saints Church of England Primary School, Wigston Academy, Wigston Birkett House Community Special School

    Nearby stations in include South Wigston Station, Leicester Station, Narborough Station, Syston Station, Sileby Station.

  5. What type of property is 3 Homestead Drive, Wigston

    This is a Semi-Detached property. There are 15 other Semi-Detached properties on HOMESTEAD DRIVE, and 21 in total.

  6. When was 3 Homestead Drive, Wigston built? How old is 3 Homestead Drive, Wigston?

    3 Homestead Drive, Wigston was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Leicester, Leicestershire Hinckley, Leicestershire Loughborough, Leicestershire Melton Mowbray, Leicestershire Oakham, Rutland Market Harborough, Leicestershire Lutterworth, Leicestershire Wigston, Leicestershire