Property investment stats for Wigston, East Midlands

• The top postcode district offers a rental yield of 5.4%, making it particularly attractive for buy-to-let investors seeking higher returns.
• The current median asking rent for a 3-bedroom house is £1,238, while the sale price is £287,500, supporting the case for healthy rental income versus purchase price.
• Homes are achieving a median discount of £1,000 (the typical achieved discount) off asking prices, which could give buyers a slight edge in negotiations.

• Capital growth over the past year has changed by -0.9%, which may concern investors focused on short-term appreciation.
• The population aged 60 and over is in the 72nd percentile, highlighting a more mature demographic that could affect future rental demand and turnover.
• The proportion of private rented housing is in the 32nd percentile, suggesting the rental market is smaller than in many other areas.

Looking ahead, Wigston’s property market appears stable, underpinned by a high level of owner-occupation and steady sales activity. The affordability metrics, with a price-to-income ratio of 5.3 and a rent-to-income ratio of 22.6%, suggest that both buyers and renters should find the area accessible compared to pricier parts of the country.

Rental yields, particularly in the top postcode district at 5.4%, remain a highlight for investors, even as capital growth has changed by -0.9% over the past year. The mature population profile may mean slower turnover, but it also hints at a stable, settled community. Investors should expect modest but reliable performance, with opportunities for both income and gradual capital appreciation.