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See how verdicts work3-bedroom detached house · LE2 5TR
Sold STCReduced £14.9k (−3.7%) on 20 MayListed 402 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** DECEPTIVELY SPACIOUS | NEWLY EXTENDED & RENOVATED ** Seths are delighted to present this extended and recently renovated 3-bedroom detached family home, situated on the sought after Richmond Way in Oadby, a prime residential location close to local schools, amenities and places of worship.
Through the porch, you'll meet an expansive living area with extended space and ample windows that allow natural light.
The heart of the home is the modern open-plan kitchen/diner, offering worktop and cupboard space, a pantry and a convenient downstairs WC. Upstairs consists of 3 well-proportioned, extended bedrooms.
Each room benefits from built-in wardrobes. The bedrooms are served by a modern shower room, fitted with contemporary fixtures and tiled for a sleek, low-maintenance finish.
Externally, the property has a tarmac paved deep driveway with space for multiple vehicles, leading to a recently renovated single garage.
Currently configured as a multi-purpose space, this garage is ideal as a home office, gym or studio. Viewing by appt only - Contact Seths Today!
Ground Floor - Porch - Laminate flooring, radiator, uPVC double glazed window Entrance Hall - Laminate flooring, radiator, uPVC double glazed window Living Room - 8.57 x 3.23 (28'1" x 10'7") - Carpeted, radiator, mantelpiece with aesthetic fireplace, uPVC sliding doors and uPVC double glazed window Kitchen / Diner - 7.68 x 2.63 (25'2" x 8'7") - Wall and base units with worktops over, 5 ring gas hob with built-in oven and extractor hood, integrated microwave, sink with drainer and mixer tap, plumbing for washing machine, space for fridge / freezer, pantry, radiator, LVT flooring, partly tiled walls, uPVC double glazed window, uPVC sliding doors leading to rear garden and separate door leading to the side aspect.
Wc - WC, wash basin with mixer tap and vanity unit, partly tiled, laminate flooring, radiator, uPVC double glazed window First Floor - Bedroom 1 - 6.17 x 3.24 (20'2" x 10'7") - Carpeted, radiator, fitted wardrobes, uPVC double glazed window Bedroom 2 - 5.24 x 2.60 (17'2" x 8'6") - Carpeted, radiator, fitted wardrobes, x2 uPVC double glazed window Bedroom 3 - 3.27 x 2.21 (10'8" x 7'3") - Carpeted, radiator, fitted wardrobes, uPVC double glazed window Shower Room - WC, wash hand basin with mixer tap and vanity unit, shower cubicle, towel radiator, tiled flooring, tiled walls, extractor fan, uPVC double glazed window Converted Garage - Laminate flooring, radiator, x3 uPVC double glazed windows Outside - To the front of the property there is a tarmac driveway for 4 or so cars.
To the rear of the property there is a partly slabbed, partly laid to lawn garden with entrance to the converted garage.
Additional Info - Tenure: Freehold EPC rating: C Council Tax Band: D Council Tax Rate: £2,407.72 Mains Gas: Yes Mains Electricity: Yes Mains Water: Yes Mains Drainage: Yes Broadband availability: Full Fibre Broadband
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Richmond Way, Oadby, Leicester
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