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The Broadway, Oadby, Leicester, LE2

East Midlands

£725,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1360 sqft

Description

Nestled within the esteemed The Broadway, this three-bedroom detached bungalow is being offered for sale for the first time in decades. Set on a generous 0.3-acre plot, this property presents an exciting opportunity for renovation and investment. Upon entry, you are welcomed by a spacious hallway that leads to a well-thought-out layout. The living room, positioned at the rear, features large sliding doors that invite natural light and provide picturesque views of the garden, creating a warm and inviting atmosphere. Its ample dimensions and charming fireplace enhance its appeal as both a comfortable retreat and an indoor-outdoor connection hub. Adjacent to the kitchen, the dining room benefits from easy access, promoting seamless movement between these spaces suited for casual dining or formal gatherings. The kitchen itself is functional but could benefit from modernization; there is significant potential to transform it into a more expansive open-plan area if desired. Additionally, direct access from the kitchen to the sizeable double garage introduces possibilities for further enhancements or conversions with appropriate permissions. This bungalow offers three flexible bedrooms that can adapt to various needs—ideal as guest rooms, home offices, or additional living areas. The principal bedroom includes built-in storage, while practical bathroom facilities ensure convenience for daily life and hosting guests. Outside, the extensive rear garden serves as a standout feature with established trees and landscaped borders providing privacy and serenity. The substantial outdoor space lends itself to landscaping projects or extensions that could amplify your investment further. While this property currently provides comfortable single-level living suitable for downsizers or families alike, it also holds significant potential for those wishing to modernize or expand (subject to planning). With its prime location, integral garage, and spacious plot size, this bungalow holds promise for creating a unique home tailored to individual tastes.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +88.6% above area average per sq ft

+88.6%
This Property
£533/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£422,844
10% above area average per sq ft
Potential ROI
-46.1%
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

The Broadway, Oadby, Leicester, LE2
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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
£2,587
Based on a loan of £543,750 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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