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Oakland Avenue, Leicester, Leicestershire, LE4

East Midlands

£350,000
Listed on 05/03/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1021 sqft

Description

This four-bedroom semi-detached house offers an appealing opportunity for those looking to invest in a property with renovation potential. Located in the desirable Rusty Mead area of Leicester, it is conveniently positioned near local amenities, well-rated schools, and public transport options. The generous plot includes a spacious rear garden primarily laid to lawn with a patio area, alongside two brick storage units, enhancing its outdoor appeal. Inside, the property is presented in generally good condition but provides scope for modernization. The lounge features a large bay window that fills the room with natural light, while the kitchen retains essential fittings but may benefit from updates to suit contemporary tastes. Accommodation includes two sizeable double bedrooms with built-in wardrobes and two singles, making it versatile for various living arrangements. Notably, this property has potential for extension subject to planning permission, making it an exciting prospect for buyers seeking to add value through further development.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +17.6% above area average per sq ft

+17.6%
This Property
£343/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£327,271
10% above area average per sq ft
Potential ROI
-16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (LE4)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +5.3%
5 year growth: +26.4%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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