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Uplands Road, Oadby, Leicester

East Midlands

£500,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1082 sqft

Description

This two-bedroom detached bungalow presents a significant opportunity for buyers looking to invest in renovation or redevelopment within the sought-after area of Oadby. Set on an expansive 0.35 acre plot, the property offers great potential for various enhancements or extensions, subject to the necessary planning permissions. The existing layout includes an entrance hall, a spacious lounge with modern features, a fitted kitchen complete with essential appliances, two comfortable bedrooms, and a bathroom equipped with both a walk-in shower and additional wc facilities. With gas central heating and double glazing throughout, this home is functional as-is while also being ripe for further development. The generous outdoor space adds appeal, offering ample room for landscaping or possible new construction (STPP). Conveniently located near local amenities and transport links, this property is an excellent canvas for those ready to realise its full potential.

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Investment analysis

(LE2 area)

Above Market Value

This property is priced +63.6% above area average per sq ft

+63.6%
This Property
£462/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£336,112
10% above area average per sq ft
Potential ROI
-38.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.7%
5 year growth: +8.7%
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

Uplands Road, Oadby, Leicester
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% 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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