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Stour Close, Oadby, LE2

East Midlands

£310,000
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1309 sqft

Description

This three-bedroom semi-detached home presents a prime opportunity for investors and families alike. Located in the sought-after Stour Close area of LE2, the property features adaptable living spaces, making it suitable for various needs. The ground floor boasts a sizeable reception room and an extended kitchen/diner that lends itself to renovation for modern living. There’s also a bedroom on this level accompanied by a wet room that could be enhanced for accessibility use. The layout includes an additional reception area, providing further flexibility for reconfiguration. Upstairs, two more bedrooms are present alongside a family bathroom, all of which could benefit from contemporary updates. Outside, the driveway accommodates several vehicles with the garage offering storage options or potential conversion opportunities (subject to planning permission). The rear garden is spacious and provides ample scope for landscaping or creating outdoor entertainment areas. With gas central heating and double glazing already in place, this property is located within a quiet residential setting, conveniently close to local amenities such as shops, schools like Manor High School, public transport links, and green spaces — ideal for family lifestyle enhancements.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£237/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£403,892
10% above area average per sq ft
Potential ROI
+18.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -0.4%
5 year growth: +10.7%
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

Stour Close, Oadby, LE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,098
Based on a loan of £232,500 over 30 years at 3.91% 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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