Elizabeth Drive, Oadby, Leicester
RE

Elizabeth Drive, Oadby, Leicester

By Readings Property Group

£ 330,000

Reviews

2 out of 5 stars

Readings Property Group says ..

This two-bedroom detached bungalow, offered for sale with no onward chain, is perfect for anyone looking to downsize and enjoy the convenience of Oadby’s fantastic amenities. With Sainsbury’s just across the A6, Lidl nearby, and a range of shops, cafés, and restaurants along The Parade, you’ll ha...

Property Oracle says ..

This two-bedroom bungalow in Oadby, Leicester, presents a mixed proposition for potential buyers. Located on Elizabeth Drive, it benefits from being in a generally sought-after area with good schools nearby. Gartree High School, rated ‘Outstanding’ by Ofsted, is within a reasonable distance, making this property attractive to families. The proximity to Leicester city centre, although not specified precisely, also adds to its appeal. However, the property’s condition requires considerable updating. The photographs show dated interior fittings, carpets, and a generally tired aesthetic. The kitchen and bathroom will almost certainly require full refurbishment. The garden, while present, could benefit from significant landscaping and attention to improve its visual appeal and usability. The price of £330,000, while perhaps reasonable relative to other similar properties in the area, needs to be weighed against the substantial costs of modernisation. Prospective buyers should factor these renovation costs into their overall financial assessment. In summary, the property offers a good location and potential, but the need for extensive renovation is a major consideration.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
5
Bedrooms
2
Bathrooms
1
Sqft (est)
980.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
406,377.00 £
Increased by 5.24 %
from 386,160.00 £
Est sale value
562,520.00 £
Increased by 16.19 %
from 484,120.00 £
Average area rental value
1,398.00 £/mo
Increased by 12.02 %
from 1,248.00 £/mo
Est letting value
980.00 £/mo
Unchanged by 0.00 %
from 980.00 £/mo
Est rental Yield
4.13 %
Increased by 6.44 %
from 3.88 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Readings Property Group created the listing.

Nearby Schools

NameTypeOfstedDistance
Beauchamp CollegeAcademy Converter0.80 KM
Gartree High SchoolAcademy ConverterOutstanding0.94 KM
Woodland Grange Primary SchoolAcademy Converter0.95 KM
Brocks Hill Primary SchoolAcademy Converter1.23 KM
Brookside Primary SchoolAcademy Converter1.36 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Belvoir Close £ 000.00 KM
Ann's Way £ 000.00 KM
Windsor Close £ 000.00 KM
Richmond Way £ 312,50000.00 KM
Laurel Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Wigston1949SWS7.54 KM
Leicester1947LEI7.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Elizabeth Drive, Oadby, Leicester £ 330,000BUY5 / 100.00 KM
Elizabeth Drive, Oadby, Leicester £ 435,000BUY6 / 100.06 KM
Elizabeth Drive, Oadby, Leicestershire £ 350,000BUY5 / 100.09 KM
Elizabeth Drive, Oadby, Leicester £ 325,000BUYUnknown0.10 KM
Elizabeth Drive, Oadby, Leicester £ 350,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
52 Elizabeth Drive £ 178,0000.06 KM
46 Elizabeth Drive £ 212,0000.06 KM
54 Elizabeth Drive £ 120,0000.06 KM
50 Elizabeth Drive £ 171,0000.06 KM
41 Elizabeth Drive £ 170,0000.06 KM