Richmond Way, Oadby, Leicester, LE2
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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 %
from 304,412.00 £
Est sale value
216,570.90 £
Decreased by 4.88 %
from 227,677.10 £
Average area rental value
750.00 £/mo
Decreased by 12.18 %
from 854.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.95 %
Decreased by 12.46 %
from 3.37 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Oliver Rayns marked this listing as sold.

  • Oliver Rayns created the listing.

Nearby Schools

NameTypeOfstedDistance
Beauchamp CollegeAcademy Converter0.33 KM
Gartree High SchoolAcademy ConverterOutstanding0.50 KM
Brocks Hill Primary SchoolAcademy Converter0.80 KM
Woodland Grange Primary SchoolAcademy Converter1.29 KM
Launde Primary SchoolAcademy Converter1.49 KM

Images

Picture No. 10 Picture No. 17 Picture No. 18 Picture No. 03 Picture No. 14 Picture No. 06 Picture No. 09 Picture No. 08 Picture No. 12 Picture No. 07 Picture No. 15 Picture No. 05 Picture No. 16 Picture No. 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Richmond Way £ 312,50000.00 KM
Windsor Close £ 000.00 KM
Ridge Way £ 000.00 KM
Weston Rise £ 000.00 KM
Belvoir Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Wigston1949SWS7.18 KM
Leicester1947LEI7.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Richmond Way, Oadby, Leicester, LE2 £ 325,000BUY6 / 100.03 KM
Richmond Way, Oadby, Leicester £ 335,000BUY7 / 100.04 KM
Kew Drive, Oadby, Leicester £ 317,950BUY7 / 100.06 KM
Richmond Way, Oadby, Leicester £ 410,000BUYUnknown0.07 KM
Richmond Way, Oadby, Leicester £ 425,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
13 Richmond Way £ 155,0000.01 KM
21 Richmond Way £ 220,0000.01 KM
4 Richmond Way £ 212,0000.01 KM
6 Richmond Way £ 200,0000.01 KM
19 Richmond Way £ 198,0000.01 KM