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Coombe Rise, Oadby, Leicester

East Midlands

£350,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
926 sqft

Description

This detached bungalow presents an exceptional opportunity for renovation and investment, sitting on a generously sized plot that offers considerable potential for expansion or reconfiguration (subject to planning permission). Located in a desirable area known for its excellent high schools, the property is well-positioned for families and individuals seeking accessibility to educational facilities. Inside, the layout includes a welcoming porch that leads into an entrance hall featuring a storage cupboard and loft access via a drop-down ladder. The spacious lounge-diner boasts large windows and patio doors that open onto the rear garden, providing ample natural light and a seamless connection between indoor and outdoor spaces. The kitchen is functional, equipped with base and wall-mounted units, plumbing for appliances, and direct access to the garden. With three bedrooms of varying sizes, there's flexibility depending on your needs—each room features built-in wardrobes or pleasant views of the surroundings. The wet room is fully tiled and includes essential amenities such as a shower area, wash hand basin, and low flush WC. Externally, the property benefits from well-maintained front and rear gardens. The front garden is laid to lawn with landscaped borders while the rear offers additional outdoor space ideal for relaxation or entertainment. A driveway provides ample off-road parking leading to a detached garage, which could be repurposed or enhanced further. This bungalow not only offers comfortable living but also presents significant potential to maximize its value through renovation or extension. Whether as a family home in a sought-after location or as an investment property with promising returns, this residence invites creative possibilities for those looking to make their mark.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +37.0% above area average per sq ft

+37.0%
This Property
£378/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£280,981
10% above area average per sq ft
Potential ROI
-28.0%
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

Coombe Rise, 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
£1,282
Based on a loan of £262,500 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