Summary - 8, Station Street LE18 4TH
5 bed 2 bath Terraced
Chain-free five-bed HMO with scope to refurbish and reconfigure for higher returns..
- Freehold mid-terrace HMO with five lettable bedrooms
- Sold in conjunction with 66–68 Blaby Road (single lot)
- Chain free; long-standing tenants currently in situ
- FTTP broadband and mains gas central heating present
- EPC rating D; walls likely uninsulated (assumed)
- Small plot, on-street parking only
- Lower-ground room dated with damp risk and low ceiling
- Area: deprived with higher local crime rates
A practical investment with immediate rental potential, this five-bedroom mid-terrace on Station Street is offered chain free and as part of a wider lot (sold with 66–68 Blaby Road). Currently run as a small HMO with long-standing tenants, the property delivers steady income and scope for reconfiguration to increase returns subject to planning.
The building is traditional solid-brick Victorian stock with double glazing and mains gas central heating. It benefits from modern broadband (FTTP) and a Council Tax Band B freehold title. The upper floors provide four lettable bedrooms and a shower room, while the ground floor includes a communal kitchen-diner, storage and WC; one bedroom has an en-suite shower room.
There are clear refurbishment and layout-improvement opportunities: the lower-ground/small basement room is dated and shows potential damp and low ceilings; walls are assumed uninsulated; the EPC is D. On-street parking only and the plot is small, but these are typical for central town properties. The area has good transport links and local amenities close by, though it sits within a deprived, higher-crime locality — factors to weigh when setting rents and management arrangements.
This lot will suit a hands-on investor or developer able to manage tenant transition, planned upgrades and any necessary remedial work. Verify condition details with a surveyor (damp, wiring, insulation) and check local planning if you intend to alter room layouts or expand. Offered at £180,000, the property represents a low-entry-price opportunity in Wigston’s rental market.
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