Land for sale

Welford Road, Wigston, Leicester LE18

Presenting a unique turn-key development opportunity at Weighbridge House in the charming area of Kilby Bridge, Leicester. This historic, former Canal Trust property, dating back to 1840, comes with the benefit of full planning permission to transform it into a stunning and spacious 4-bedroom home. The envisioned development would significantly expand the floor space from approximately 127 square meters to an impressive 264 square meters.

Coming out of the gates of Weighbridge House, the Grand Union Canal is only a few steps away. This is the British canal system at its best. Follow the canal path to the famous Foxton Locks, a rich tapestry of history and culture.

Weighbridge House holds immense potential for significant financial returns. The anticipated gross development value is estimated to be in excess of £1 million to £1.150 million. This projection is subject to the quality of final finishes and fixtures, presenting an exciting and lucrative opportunity for discerning developers to maximise their investment and create a property of exceptional value and appeal.

The redevelopment of this property offers the chance to introduce modern luxury and contemporary design to this desirable canal setting. This exceptional development opportunity at Weighbridge House is perfect for investors and developers seeking a project with modern appeal, or for a family looking to create their forever home.

The anticipated increase in floor space and the potential for a high gross development value make this an attractive and worthwhile investment. With careful planning and high-quality finishes, Weighbridge House can be transformed into a prestigious and valuable property, offering both a luxurious living space and a sound financial return.

Location

Situated in the picturesque and tranquil surroundings of Kilby Bridge, Weighbridge House offers stunning canal views and easy access to the renowned Foxton Locks, a short and scenic walk along the canal. The area is known for its natural beauty, providing an idyllic setting for creating a dream home that combines historic elegance with contemporary living. Wigston offers a welcoming and vibrant community, with a variety of amenities, shops, and schools, making it an ideal location for families and individuals seeking a high quality of life.

Wigston's charm extends beyond its natural beauty, offering a range of recreational activities. The town's rich history and vibrant community make it a desirable location for those seeking a blend of peaceful living and easy access to Leicester's city centre.

Disclaimer

Please note that measurements are approximate and provided as a guide only. We have not tested mains services, appliances, or fixtures and fittings, so buyers should inspect before committing to purchase. Knightsbridge Estate Agents and its employees cannot make any representations or warranties. Floor plans are not to scale and are intended as a layout guide only. Anti-money laundering checks are mandatory for all property transactions. Initial checks are conducted by Lifetime Legal upon instruction or offer acceptance, at a cost of £60 (incl. VAT), payable in advance. This fee covers data acquisition, manual checks, and ongoing monitoring. Payments should be made directly to Lifetime Legal and are non-refundable. We receive a portion of this fee for their services.