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The Oval, Oadby, Leicester

East Midlands

£450,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

Presenting a noteworthy opportunity in Oadby, this spacious detached residence sits on a generous plot of approximately 0.3 acres, offering significant potential for both renovation and redevelopment (subject to necessary planning permissions). The property features substantial living space that requires modernisation throughout, making it an appealing project for those looking to create a custom family home or investment. A welcoming entrance hall leads into an expansive principal sitting room filled with natural light, complemented by a fireplace that creates a warm atmosphere for gatherings. The conservatory adds additional living space with delightful views of the garden, while the formal dining room retains original character features. An extended breakfast kitchen provides ample room for day-to-day dining and overlooks both the front and rear gardens. A flexible reception room can easily serve as either a lounge or home office, enhancing the property's versatility. A utility room and ground-floor shower room contribute to the overall functionality. Upstairs, three spacious bedrooms await along with a family bathroom featuring both a bath and separate shower. Outside, the property boasts mature lawns and established trees within its private grounds, along with ample parking supported by a double carport and garage. This residence is situated in an area well-regarded for its community spirit and proximity to excellent schools, parks, shops, and transport links—truly making it a remarkable canvas for your vision in one of Oadby’s most desirable locales.

Investment Analysis

(LE2 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +14.1%
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

The Oval, Oadby, Leicester
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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
£1,623
Based on a loan of £337,500 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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