2-bedroom bungalow · LE2 5JG
Let agreedListed 88 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to your charming new home in the sought-after Oadby area of Leicester. This delightful 2-bedroom bungalow is a haven of comfort, style, and convenience.
As you step through the entrance hallway, you are greeted by a spacious family lounge, perfect for relaxing and entertaining.
The property features two double bedrooms, including a master bedroom with fitted wardrobes, providing ample storage space.
The heart of the home is the inviting kitchen diner, complemented by a separate utility room for added functionality. The bathroom boasts a cubicle shower for a rejuvenating experience.
Outside, the property offers a driveway for one parking space attached to a garage, ensuring convenience for your vehicles.
The garden presents a lovely patio area leading to a lush lawn, ideal for outdoor enjoyment. Additionally, a front garden area adds to the property's curb appeal.
Conveniently located, this residence is within easy reach of various amenities.
Tesco Express (0.45km) and a variety of restaurants are just a stone's throw away, offering a plethora of dining and grocery options.
For families, the property is near well-regarded educational institutions, including The Cedars Academy (1.2km), Beauchamp College (2.5km), and the University of Leicester (4.8km), ensuring quality education at every level.
The area also boasts proximity to shopping centres, hospitals, doctors' offices, pharmacies, gyms, nightlife hotspots, a cinema theatre, parks, a post office, and a library, providing everything you need for a vibrant lifestyle.
This property is available from September 2026 for occupancy and viewings. Please note: In-person viewings only, no virtual tours available. Please contact us to schedule.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 38, Chestnut Avenue, Leicester
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