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Foxhunter Drive, Oadby, Leicester

East Midlands

£160,000
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
821 sqft

Description

This two-bedroom semi-detached bungalow, located in an established area of Oadby, Leicester, presents a significant opportunity for renovation and investment. While the property requires comprehensive modernization throughout, it offers a functional layout featuring an entrance hallway, living room, kitchen, two bedrooms, and a bathroom. The conservatory provides additional light and overlooks a spacious rear garden that is ripe for landscaping or potential expansion with the appropriate permissions. Key amenities such as gas central heating and double glazing are already in place, positioning this bungalow as a viable option for both investors and owner-occupiers looking to create their ideal home. The generous outdoor space includes a mature garden and off-road parking via a driveway leading to a single garage. Situated within walking distance of local shops, schools, and transport links, this property not only holds immediate livability but also considerable long-term value. Note that the sale is subject to the grant of probate.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -31.1% below area average per sq ft

-31.1%
Potential saving
This Property
£195/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£255,261
10% above area average per sq ft
Potential ROI
+27.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
76
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -2.0%
5 year growth: +8.5%
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

Foxhunter Drive, Oadby, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£571
Based on a loan of £120,000 over 30 years at 3.97% 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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