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Wigston, Leicestershire
Bridging Finance
in Wigston
Expert bridging finance for property developers in Wigston. We connect you with competitive funding from our panel of 100+ lenders.
Wigston, Leicestershire
Bridging Finance
in Wigston.
Live market data
Wigston
market snapshot.
HM Land Registry sold-price data for Wigston over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £275,000
- Sales (12m)
- 763
- YoY change
- -0.5%
- Approved (recent)
- 87
- Pipeline units
- 404
- Pipeline GDV
- £107.1M
Planning pipeline
Planning activity
in Wigston.
87 approved (last 12 months)
·42 pending
·404 units in pipeline·£107.1M estimated GDV·64% approval rate (last 12 months)Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 25/00394/FUL | Erection of Entrance Feature Wall Land East Of Welford Road Wigston Leicestershire | - | - | Pending | 22/10/2025 |
| 25/00392/FUL | Erection of 1 no. unit to be used for storage & distribution (B8 use class) Folly Farm Newton Lane Wigston Leicestershire LE18 3SH | 1 | £275,000 | Pending | 21/10/2025 |
| 25/00387/FUL | Retrospective planning permission for sliding steel front entrance gate 178 Saffron Road Wigston Leicestershire LE18 4UP | - | - | Pending | 17/10/2025 |
| 25/00368/FUL | Proposed single storey rear and front extension 89 Rosemead Drive Oadby Leicestershire LE2 5PP | - | - | Pending | 01/10/2025 |
| 25/00433/FUL | Single storey side and rear extension 15 Seagrave Drive Oadby Leicestershire LE2 5GH | - | - | Pending | 24/11/2025 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 26/00348/COU | Change of use of the ground floor from Funeral Services to a Sui Generis mixed u… 112 Aylestone Lane Wigston Leicestershire LE18 1BA | 1 | £275,000 | Pending | 18/09/2026 |
| 26/00342/FUL | Single storey side and rear extension 17 Northumberland Road Wigston Leicestershire LE18 4WL | - | - | Pending | 14/09/2026 |
| 26/00339/FUL | Conversion of a garage to a habitable room 4 Carbery Close Oadby Leicestershire LE2 4TA | - | - | Pending | 10/09/2026 |
| 26/00329/FUL | Two storey side and rear extension, with single storey front, side and rear exte… 14 Adlington Road Oadby Leicestershire LE2 4NA | - | - | Pending | 28/08/2026 |
| 26/00327/FUL | Garage conversion to bedroom and wet room with increased roof height 47 Granville Avenue Oadby Leicestershire LE2 5FL | - | - | Pending | 26/08/2026 |
Deal intelligence
Key schemes
in Wigston.
Indicative appraisals of the largest residential schemes in the Wigston planning pipeline (all currently awaiting decision). These 3 schemes represent an estimated £99.9M in combined GDV across 346 units, with indicative capital stacks for each.
Major Residential Development Awaiting decision
Land North Glen Gorse Golf Club Glen Road Oadby Leicestershire LE2 4RF
£54.9M
Estimated GDV
Units
190
GDV / Unit
£289k
Build Cost (Range)
£24.5M–£31.0M
Residual Land Value
£3.0M
GDV estimated from the HM Land Registry blended median of £275,000 plus a 5% new-build premium (assumed). At benchmark build costs, the implied residual land value is £3,026,000 (£16k/unit) after a 17.5% developer profit target. Calculate GDV
| Gross Development Value | £54.9M |
| Construction (12,920 sqm @ £2,150/sqm mid) | −£27.8M |
| Externals, fees & contingency | −£8.2M |
| Finance (65% LTGDV, 24m) & sales costs | −£6.3M |
| Developer profit target (17.5% on GDV) | −£9.6M |
| Implied residual land value | £3.0M |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Major Residential Development Awaiting decision
Land At Oadby Grange Devonia Road Oadby Leicestershire
£42.2M
Estimated GDV
Units
146
GDV / Unit
£289k
Build Cost (Range)
£18.9M–£23.8M
Residual Land Value
£2.3M
GDV estimated from the HM Land Registry blended median of £275,000 plus a 5% new-build premium (assumed). At benchmark build costs, the implied residual land value is £2,325,000 (£16k/unit) after a 17.5% developer profit target. Calculate GDV
| Gross Development Value | £42.2M |
| Construction (9,928 sqm @ £2,150/sqm mid) | −£21.3M |
| Externals, fees & contingency | −£6.3M |
| Finance (65% LTGDV, 24m) & sales costs | −£4.8M |
| Developer profit target (17.5% on GDV) | −£7.4M |
| Implied residual land value | £2.3M |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Residential Development Awaiting decision
Kilby Bridge Farm Durnford Road Wigston Leicestershire LE18 2RG
£2.9M
Estimated GDV
Units
10
GDV / Unit
£289k
Build Cost (Range)
£1.6M–£2.0M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £275,000 plus a 5% new-build premium (assumed). At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £2.9M |
| Construction (850 sqm @ £2,150/sqm mid) | −£1.8M |
| Externals, fees & contingency | −£485k |
| Finance (65% LTGDV, 18m) & sales costs | −£286k |
| Developer profit target (17.5% on GDV) | −£505k |
| Implied residual land value | Marginal |
Broker insight: For a 10-unit scheme in Wigston, we would typically structure senior debt at 60-65% LTGDV with mezzanine available to reduce equity to as little as 10%. Run an appraisal to model your returns.
Appraisal assumptions
- GDV: HM Land Registry blended median of £275,000 plus a 5% new-build premium (assumed).
- Build cost: £1,900-£2,400/sqm (new build, indicative range informed by BCIS regional tender-price data, 2025/26) × 68 sqm/unit (NDSS-derived).
- On-costs: externals 12.5%, professional fees 10%, contingency 5%, sales & legals 3.5000000000000004% of GDV. Excludes CIL/Section 106, which vary by charging schedule and scheme.
- Finance: senior facility at 65% LTGDV, 8.5% pa on an average 57.49999999999999% drawdown over 24 months, plus 2.5% arrangement and exit fees.
- Residual land value assumes the industry-standard 17.5% developer profit-on-GDV target. Indicative appraisal, not a valuation or lending offer.
Land Registry data
Recent property sales
in Wigston.
763 residential transactions in the last twelve months. Median sold price £275,000 (-0.5% YoY). 26 new-build transactions with a +43.6% premium over existing stock.
Detached
£380,000
Semi-Detached
£260,000
Terraced
£190,000
Flat
£120,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 29 Jul 2026 | 2, HAYES ROADLE18 3RH | Detached | £205,000 | Freehold |
| 20 Jul 2026 | 2, WELDON ROADLE18 1NX | Semi-Detached | £270,000 | Freehold |
| 17 Jul 2026 | 12, DART CLOSELE2 4JA | Semi-Detached | £268,000 | Freehold |
| 17 Jul 2026 | 3, HIGHFIELD DRIVELE18 1NN | Semi-Detached | £271,500 | Freehold |
| 16 Jul 2026 | 5, SIMONS CLOSELE18 3UD | Semi-Detached | £250,000 | Freehold |
| 16 Jul 2026 | 12, UPTON DRIVELE18 3WP | Semi-Detached | £276,000 | Freehold |
| 15 Jul 2026 | 64, HIDCOTE ROADLE2 5PF | Detached | £400,000 | Freehold |
| 9 Jul 2026 | 2, WYE DEAN DRIVELE18 3UE | Detached | £455,000 | Freehold |
| 8 Jul 2026 | 137, COUNTESTHORPE ROADLE18 4PG | Terraced | £145,000 | Freehold |
| 7 Jul 2026 | FLAT 7, REDWOOD COURT, BULL HEAD STREETLE18 1PA | Flat | £105,000 | Leasehold |
Source: HM Land Registry price paid data, 12 months to September 2026 · Oadby & Wigston Borough Council planning register, retrieved September 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Indicative terms
Bridging Finance rates
for Wigston deals.
Typical pricing for bridging finance in Wigston. Actual terms depend on GDV, leverage, location and your experience — the numbers below are where most structured deals land.
Interest Rate
From 6.5% p.a.
Loan to Value
Up to 70% LTGDV
Typical Term
12-24 months
Arrangement Fee
1-2% of facility
Indicative only, subject to individual assessment. Actual terms issued against a completed Deal Room submission.
Representative deal
Example bridging finance
structure.
Illustrative 9-Unit Scheme, Wigston
An indicative appraisal for a nine-unit residential scheme priced at Wigston's own HM Land Registry medians with the locally measured new-build premium applied. Build costs use the regional £/sqm benchmark; every figure updates with the underlying market data.
GDV
£2,457,000
Loan Amount
£1,597,000
LTV
65% LTGDV
Loan Type
Bridging Finance
Representative only. Actual terms vary based on scheme specifics and are issued after underwriting.
Common questions
Bridging Finance in Wigston
— answered.
How active is the development pipeline in Wigston?
The Oadby & Wigston Borough Council planning register currently shows 42 residential applications awaiting decision in Wigston, together proposing 368 units — the largest single scheme proposes 190 units. An active pipeline signals both developer confidence in local demand and lender familiarity with the market, which typically translates into more competitive finance terms.
Market intelligence
Local market
reports.
5 min read
Wigston Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition
Median price £275,000, 763 sales, -0.5% YoY. Leicestershire county.
6 min read
Leicestershire Property Market: Prices, Trends & Development Finance, Q3 2026 Edition
7 towns analysed. Median price £260,000, 13,493 transactions, -1.7% YoY.
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your Bridging Finance enquiry in Wigston and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.
Where we fund
Wigston,
Leicestershire.
Adjacent products
Other services
in Wigston.
Development Finance
From 6.5% p.a. · Up to 65-70% LTGDV
Mezzanine Finance
From 12% p.a. · Up to 85-90% LTGDV
Bridging Loans
From 0.55% p.m. · Up to 75% LTV
Equity & Joint Ventures
Profit share from 40% · Up to 100% of costs
Refurbishment Finance
From 0.65% p.m. · Up to 75% LTV
Commercial Mortgages
From 5.5% p.a. · Up to 75% LTV
Development Exit Finance
From 0.55% p.m. · Up to 75% LTV
Nearby markets