Buy
£375,000
Residential
Prime Investment Opportunity in Leicester
23 Meadvale Road, Knighton, Wigston, Leicestershire, LE18 3UG, United Kingdom
2 Beds
1 Baths
Property TypeResidential
TenureFreehold
StatusActive
Floor Area—
Key Features
- Detached Two Bedroom Bungalow Occupying a Generous Corner Plot
- Spacious Lounge/Diner, Conservatory & Fitted Kitchen
- Principal Bedroom with Fitted Wardrobes & En-Suite Shower Room
- Driveway for Multiple Vehicles, Detached Garage & Gated Side Access
- Low Maintenance Split-Level Rear Garden with Patio Areas & Timber Outbuildings
- Sought-After Wigston Meadows Location Offered for Sale with No Upward Chain
About This Property
Situated in the heart of Leicester, this residential property offers a unique opportunity for investors looking to capitalize in a bustling market. Leicester is known for its vibrant culture and economic growth, making it an ideal location for property investment. Whether you're looking to buy or let, this property offers various potential uses tailored to your investment plans. Our agency, rooted in Leicester since 2021, provides unmatched local insight and personal service. We believe in straightforward advice and clear communication, ensuring your investment process is as smooth as possible from the first conversation to completion day. Leicester's property market has shown a steady increase in demand, driven by its strategic location and robust infrastructure. Investing here not only promises potential yields but also an opportunity to be part of a thriving community. Our team is here to guide you through every step, from valuation to closing the deal, with our hands-on, client-focused approach.
Call about this propertyAsk about Prime Investment Opportunity in Leicester, availability, or viewing options.
Verified public data
LE18 3UGProperty & area intelligence
Recorded facts for this postcode and, where an exact address match is available, this home.
Nearby essentials
Straight-line distances from the mapped property location.
Transport
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Schools
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Healthcare
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Shops
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Rental enquiry
Running-Costs Calculator
Estimate key household costs such as gas, electricity, water, and council tax alongside the mortgage tools.
Estimated running costs£404 / mo
Annual running costs£4,848 / yr
Indicative monthly estimate only. Edit the figures with known supplier rates, EPC details, council band, or actual bills before making a rental decision.
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Live indicative rates, repayment versus interest-only, and an affordability estimate built into the listing.
Your mortgage
Loan £300,000LTV 80.0% (band 80%)
Monthly payment
Repayment£1,000per month for 25 years
Interest only£0capital still owed at end of term
Total interest£0
Total repaid£300,000
First 10 years of repayment breakdown
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | £12,000 | £0 | £288,000 |
| 2 | £12,000 | £0 | £276,000 |
| 3 | £12,000 | £0 | £264,000 |
| 4 | £12,000 | £0 | £252,000 |
| 5 | £12,000 | £0 | £240,000 |
| 6 | £12,000 | £0 | £228,000 |
| 7 | £12,000 | £0 | £216,000 |
| 8 | £12,000 | £0 | £204,000 |
| 9 | £12,000 | £0 | £192,000 |
| 10 | £12,000 | £0 | £180,000 |
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AI Property Guide
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Listed byPropertyZoom
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