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Vandyke Road, Oadby, Leicester

East Midlands

£290,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1076 sqft

Description

This semi-detached family home, situated on Vandyke Road near Ash Tree Road in Oadby, presents a solid foundation for those looking to invest or undertake renovation projects. The property features a well-designed layout, beginning with an entrance porch that flows into a welcoming hallway. The L-shaped lounge diner, with its generous dimensions and natural light from the rear-facing windows and French doors, offers ample space for both relaxation and entertaining. A kitchen equipped with essential amenities awaits your personal touch, including wall and base units, gas cooker point, and plumbing for a washing machine. On the ground floor, there is also a convenient WC. Moving upstairs, the first floor comprises three bedrooms which vary in size but all come with built-in storage options. The stylishly appointed shower room adds modernity to this level. Outside, the property is complemented by front and rear gardens; the low-maintenance front garden features gravel areas and flowerbeds, while the rear garden boasts a paved patio ideal for outdoor seating and leisure activities, bordered by walls and fencing for privacy. Additionally, the driveway leads to a garage where parking availability may depend on vehicle size. The location holds significant advantages for prospective buyers. Oadby is known for its reputable schools and offers easy access to public transportation links into Leicester City Centre. Local amenities abound in nearby Oadby Town Centre, including supermarkets and leisure facilities such as Glen Gorse Golf Club and Leicester Racecourse. While some updating is needed throughout the home to bring it up to contemporary standards, this provides an excellent opportunity for investors or families seeking to create their ideal living space in a desirable area.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -2.3% below area average per sq ft

-2.3%
Potential saving
This Property
£270/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£326,496
10% above area average per sq ft
Potential ROI
+3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 1.6%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on LE2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Vandyke Road, Oadby, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,062
Based on a loan of £217,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE