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Oakland Avenue, Leicester, Leicestershire, LE4 - Image 1
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Oakland Avenue, Leicester, Leicestershire, LE4 - Image 4
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Oakland Avenue, Leicester, Leicestershire, LE4 - Image 9
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Oakland Avenue, Leicester, Leicestershire, LE4

East Midlands

£350,000
Listed on 15/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1021 sqft

Description

This four-bedroom semi-detached house is situated in the desirable neighborhood of Rusty Mead, Leicester, conveniently located just off Melton Road. The property presents a unique opportunity for those looking for a home with renovation potential or an investment project. With close proximity to reputable schools, public transport options, local amenities, and nearby parks, it is well-suited for families and first-time buyers alike. The property occupies a substantial plot that includes a spacious rear garden primarily laid to lawn and complemented by a patio area, mature trees, and shrubs that provide an element of privacy. Two brick storage units add practicality to the outdoor space. A private driveway further enhances accessibility for residents. Inside, the home has been maintained in good condition but offers scope for personalization or modernization. The welcoming lounge features a large bay window that allows ample natural light into the room. The kitchen is functional and includes quality wall and base units along with an electric hob and oven, making it ready for immediate use but also presenting opportunities for upgrades or redesigns according to personal taste. Accommodation comprises four bedrooms: two generous doubles—both equipped with built-in wardrobes—and two smaller rooms, one of which also features additional storage space. The contemporary ground floor bathroom includes essential amenities such as a heated towel rail and modern fixtures. Furthermore, there is excellent potential to extend the property subject to obtaining the necessary planning permissions. This aspect makes it particularly attractive for investors or those looking to increase living space. Viewing this property is highly recommended to grasp its full potential and explore the various possibilities it offers in terms of renovation and investment strategies.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +17.8% above area average per sq ft

+17.8%
This Property
£343/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£326,710
10% above area average per sq ft
Potential ROI
-11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.0%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on LE4 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

Oakland Avenue, Leicester, Leicestershire, LE4
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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