Richmond Way, Oadby, Leicester, LE2
By Oliver Rayns
£ 275,000
Reviews
3 out of 5 stars
Oliver Rayns says ..
We’re delighted to offer for sale this unique opportunity to purchase a well-proportioned bungalow that requires modernisation, ideal for creating your own family home.
Property Oracle says ..
This two-bedroom bungalow situated on Richmond Way, Oadby, Leicester, presents a unique opportunity for a buyer willing to undertake a renovation project. The property’s location in Oadby is a major advantage, given the area’s reputation for excellent schooling (Beauchamp College and Gartree High School are within walking distance). The property itself is a traditional bungalow offering the potential for a comfortable family home. However, the provided photos clearly show that the property requires considerable modernisation. The interior decor is dated, and both the kitchen and bathroom need complete refurbishment. Flooring and walls are dated throughout. The property does benefit from a detached garage and what appears to be a good-sized garden, which are positive aspects. The listing price seems somewhat reflective of the local market, however, the need for substantial renovations must be factored into any valuation. Buyers should budget accordingly for renovation costs, which may significantly affect the overall cost of ownership.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 8
- Land
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 793.30
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
- 305,000.00 £Increased by 0.19 %
- Est sale value
- 216,570.90 £Decreased by 4.88 %
- Average area rental value
- 750.00 £/moDecreased by 12.18 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.95 %Decreased by 12.46 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Oliver Rayns marked this listing as sold.
Oliver Rayns created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Beauchamp College | Academy Converter | 0.33 KM | |
| Gartree High School | Academy Converter | Outstanding | 0.50 KM |
| Brocks Hill Primary School | Academy Converter | 0.80 KM | |
| Woodland Grange Primary School | Academy Converter | 1.29 KM | |
| Launde Primary School | Academy Converter | 1.49 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Richmond Way | £ 312,500 | 0 | 0.00 KM |
| Windsor Close | £ 0 | 0 | 0.00 KM |
| Ridge Way | £ 0 | 0 | 0.00 KM |
| Weston Rise | £ 0 | 0 | 0.00 KM |
| Belvoir Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| South Wigston | 1949 | SWS | 7.18 KM |
| Leicester | 1947 | LEI | 7.79 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Richmond Way, Oadby, Leicester, LE2 | £ 325,000 | BUY | 6 / 10 | 0.03 KM |
| Richmond Way, Oadby, Leicester | £ 335,000 | BUY | 7 / 10 | 0.04 KM |
| Kew Drive, Oadby, Leicester | £ 317,950 | BUY | 7 / 10 | 0.06 KM |
| Richmond Way, Oadby, Leicester | £ 410,000 | BUY | Unknown | 0.07 KM |
| Richmond Way, Oadby, Leicester | £ 425,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 Richmond Way | £ 155,000 | 0.01 KM |
| 21 Richmond Way | £ 220,000 | 0.01 KM |
| 4 Richmond Way | £ 212,000 | 0.01 KM |
| 6 Richmond Way | £ 200,000 | 0.01 KM |
| 19 Richmond Way | £ 198,000 | 0.01 KM |