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Forest Rise, Oadby, LE2

East Midlands

£525,000
Listed on 05/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1565 sqft

Description

Nestled in the sought-after area of Oadby, this spacious four-bedroom family residence on Forest Rise presents a prime opportunity for both comfortable living and substantial renovation. The property features an impressively extended ground floor layout that enhances its overall livability. The main lounge exceeds the original dimensions, offering a welcoming space ideal for family gatherings, while the expansive kitchen diner serves as an excellent central hub for daily activities and entertaining guests. Additionally, a separate formal dining room adds versatility, easily transitioning into alternative uses such as a home office or playroom. A noteworthy element is the roomy downstairs WC, which holds potential to be transformed into a full shower room due to its positioning adjacent to the garage—providing an opportunity to create a private ground-floor bedroom suite suitable for multigenerational living or guests. On the upper level, four generously sized double bedrooms await, some equipped with fitted wardrobes for added convenience. The family bathroom boasts a well-appointed four-piece suite including both a standalone bath and a walk-in shower. Future enhancements could include expanding the first floor (subject to planning permissions), further increasing the home's value in years to come. Outdoors, the property benefits from off-road parking for several vehicles via the driveway, along with a sizable garage. The southwest-facing rear garden features a large Yorkshire stone patio adjoining lawn space—a perfect canvas for outdoor living or further development should more space be desired. Situated in Leicestershire's desirable Oadby area, families will appreciate access to quality schools and local amenities including shops and parks, alongside convenient routes to Leicester city centre. This property offers significant potential for customization and growth, making it an intriguing prospect for those looking to invest.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +18.7% above area average per sq ft

+18.7%
This Property
£335/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£486,582
10% above area average per sq ft
Potential ROI
-15.4%
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

Forest Rise, Oadby, 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
£1,873
Based on a loan of £393,750 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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