Worst House on the Street Logo
Forest Rise, Oadby, LE2 - Image 1
Forest Rise, Oadby, LE2 - Image 2
Forest Rise, Oadby, LE2 - Image 3

Forest Rise, Oadby, LE2

East Midlands

£500,000

Listed on 04/11/2026

The listing

Property details

Bedrooms
4
Type
Detached
Area
1565 sqft

Features

  • Garage
  • Garden
  • Parking

Description

This four-bedroom detached house on Forest Rise has an extended ground floor with a large lounge, a kitchen and family dining area, and a separate dining room that could also serve as a study or playroom. A spacious ground-floor WC sits beside the garage, offering scope to explore a different layout, subject to feasibility. Upstairs are four double bedrooms, some with fitted wardrobes, and a family bathroom with a separate bath and walk-in shower. The listing also notes possible first-floor extension potential, subject to planning and other checks. Outside, the property has a driveway, garage and side access, with a large southwest-facing rear garden, patio and lawn. Oadby amenities, schools and transport links are described as accessible from the area. The existing accommodation and potential layout changes provide options for future adaptation; any extension or conversion would need appropriate professional and planning checks.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

46out of 100
Grade ELow opportunity

Confidence: MEDIUM

This is a light-refresh project rather than a major renovation: the spacious reception layout, four bedrooms and maintained garden provide a strong family-home canvas, while the older wallpaper and finishes in several rooms offer straightforward scope to personalise. The fitted kitchen and main bathroom already look serviceable, and the driveway and garage add useful practicality.

The asking price of £500,000 is about 13% above the local average at £319/sqf versus £282/sqf, so the price is the main weakness behind the low overall score. Even for a project buyer, purchase and works costs look tight against local benchmarks; the dated décor is an opportunity, but the numbers do not currently make this an obvious value buy.

Key opportunities

  • Refresh the older wallpaper, decorative finishes and selected flooring to give the reception rooms and several bedrooms a more contemporary feel.
  • Make use of the generous reception layout, including a separate dining room that could serve a range of family or work-from-home needs.
  • Enjoy the maintained garden, patio, driveway and garage, with the listing also describing possible reconfiguration or extension ideas subject to feasibility and permissions.

Key risks

None recorded.

Unlock the full analysis

Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.

Sign up free

Already have an account? Sign in

Interested in similar properties?

Create an alert and we'll notify you when similar renovation opportunities are listed.

Sign in to create alert

Map

Location

Forest Rise, Oadby, LE2
Loading map...

Transport

Nearest stations

  • Leicester Rail Station

    3.2 miles

    Train · Leicester

  • South Wigston Rail Station

    3.2 miles

    Train · South Wigston

  • Narborough Rail Station

    6.2 miles

    Train · Narborough

  • Syston Rail Station

    6.4 miles

    Train · Syston

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£2,043
Based on a loan of £375,000 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Services

Next steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.