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Nene Drive, Oadby, Leicester

East Midlands

£225,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

Nestled in a tranquil cul-de-sac on the desirable Nene Drive in Oadby, this two-bedroom semi-detached home presents a unique opportunity for renovation and investment. With its solid structure and well-proportioned spaces, the property is ideal for those looking to personalize their living environment or enhance its potential as a rental investment. Upon entering, you are greeted by an entrance hall that leads into a cozy lounge area, perfect for relaxation or entertaining. The adjoining kitchen holds promise for modernization, allowing future owners to create a culinary space that reflects their personal style. The ground floor also houses a functional bathroom, with the second floor accommodating two spacious bedrooms. The master bedroom benefits from an en-suite, adding convenience for everyday living. Externally, the property features a private driveway and carport, along with a generous rear garden that offers ample room for expansion—subject to obtaining planning permission. This outdoor space is perfect for gardening enthusiasts or families seeking leisure activities at home. Located in one of Leicester's most sought-after suburbs, residents will enjoy easy access to reputable local schools, shopping options, and various amenities. Additionally, the excellent transport links facilitate smooth travel into Leicester city centre and beyond. This property is not just a comfortable home; it’s also an enticing canvas for those looking to invest in real estate with potential for value enhancement through renovation and expansion. Early viewings are encouraged to appreciate the possibilities this property has to offer.

Investment Analysis

(LE2 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
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

Nene Drive, 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
£824
Based on a loan of £168,750 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