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Woodfield Road, Oadby, LE2

East Midlands

£650,000
Listed on 18/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1545 sqft

Description

This substantial detached family home, located on a well-established road in Oadby, presents a unique investment opportunity filled with character and potential. Spanning 1,545 sq ft over two floors, the property is set on a generous plot that includes ample off-road parking and a garage. The beautifully mature rear garden offers privacy and features a pond, established trees, and well-maintained borders—elements that are seldom found at this scale in such a central location. The interior provides a blank canvas ripe for customization. The welcoming foyer leads to a spacious living room that benefits from large sliding patio doors connecting to the rear garden, enhancing the flow of natural light throughout the space. Additionally, the ground floor features an accommodating kitchen and versatile dining area, complemented by convenient bathroom facilities. Upstairs are four well-sized bedrooms served by a family bathroom. These rooms provide an excellent opportunity for modernization or reconfiguration according to personal taste. The prime location enhances its investment value; not only does it sit near top-rated schools and local amenities but it also possesses expansion potential—subject to necessary planning permissions. Whether you choose to move in as is or pursue renovations to extend and enhance the property further, this home offers considerable scope for creating increased value.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +50.0% above area average per sq ft

+50.0%
This Property
£421/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£476,710
10% above area average per sq ft
Potential ROI
-34.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Woodfield Road, 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
£2,302
Based on a loan of £487,500 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.

Stamp Duty Calculator

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