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Oakside Close, Leicester, Leicester, LE5 - Image 1
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Oakside Close, Leicester, Leicester, LE5

East Midlands

£350,000

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
818 sqft

Description

This two-bedroom bungalow presents a unique opportunity for those looking to invest in a property with significant renovation potential. Ideally located on the sought-after Oakside Close in Evington, this home is well-maintained yet offers various avenues for enhancement. The welcoming porch leads into a bright entrance hall, setting the stage for the spacious living room that flows into a functional kitchen equipped with ample storage and direct access to the rear garden. The modern bathroom features high-quality fixtures and a walk-in shower. Both bedrooms provide generous space and overlook the garden, each benefiting from fitted wardrobes. The rear garden not only offers serene outdoor enjoyment but also holds potential for extensions, subject to planning permission, which could significantly increase the property's value. Additionally, with a detached electric garage and a large driveway accommodating multiple vehicles, parking is convenient and secure. The fully boarded loft with windows adds further scope for conversion or additional storage. Located in a desirable residential area with close proximity to local amenities, schools, parks, and transport links, this bungalow is ready for immediate occupancy while still allowing plenty of room for personal touch-ups or extensive renovations.

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Investment analysis

(LE5 area)

Above Market Value

This property is priced +48.2% above area average per sq ft

+48.2%
This Property
£428/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£259,817
10% above area average per sq ft
Potential ROI
-33.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.2%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on LE5 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

Oakside Close, Leicester, Leicester, LE5
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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
£1,322
Based on a loan of £262,500 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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