Sold STC Terraced

5 ABBOTS DRIVE

LEICESTER, OADBY, LEICESTERSHIRE LE2 2GL

2 beds 1 baths 69 m² Listed 9 Apr 2025 (-479d)

£106,000

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Listing type

Shared ownership

Front of Property Living Room Kitchen Kitchen Living Room Double Bedroom Double Bedroom Double Bedroom Double Bedroom Family Bathroom Rear Garden Rear Garden

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Property details

Listing category

Shared ownership

Tenure

FREEHOLD

Floor area

69 m²

Council tax band

B

Last sold

£106,000 Sep 2025

Local average

£222,038 (-52.3%)

Deprivation

Decile 10 (31,773 of 33,755)

Street crime

86 incidents within 1 mile (May 2026)

Key features

  • Off Street Parking for 2 Cars
  • Two Double Bedrooms
  • Downstairs WC
  • Family Bathroom
  • 7+ Years NHBC Warranty Remaining
  • Built by Bellway Homes in 2022
  • Stoughton Park Development
  • Shared Ownership
  • 40% Share of Ownership. Alternative Shares or Full Ownership Available

Additional details

Parking
Yes
Garden
Yes

Description

Abbots Drive, Oadby, LE2 2GL

Situated in the sought-after Stoughton Park development in Oadby, this modern two-bedroom townhouse is a fantastic opportunity for first-time buyers, young professionals, or investors. With modern neutral decor, off-road parking, and a private garden, this home is ready to move straight into.

SHARED OWNERSHIP: This property is a 40% share of ownership, further details below. Full market value £265,000

Property Features:

Two Double Bedrooms: Spacious and bright, both bedrooms are located on the first floor and offer ample space for furnishings, making them perfect for relaxation or even a home office setup.

Modern Kitchen: The front-facing kitchen is fitted with contemporary units, stylish work surfaces, and matching upstands. Integrated appliances include a single oven, gas hob, and cooker hood extractor—ideal for home cooks and entertainers alike.

Bright Living Room: Located at the rear of the home, the living room is a welcoming space filled with natural light, thanks to the patio doors that open directly onto the rear garden—perfect for summer evenings or weekend get-togethers.

Contemporary Family Bathroom: The modern three-piece bathroom suite includes a shower over the bath, ideal for both quick morning routines and relaxing evening soaks.

Downstairs Cloakroom (WC): Conveniently positioned off the entrance hallway, the downstairs toilet is a practical addition for guests and everyday living.

Private Rear Garden: Enjoy the low-maintenance garden with a paved patio area and astro turf lawn—ideal for outdoor dining, relaxing, or letting little ones play.

Off-Road Parking: The property benefits from off-street parking for 2 vehicles for added convenience.

Location – Stoughton Park, Oadby:

Located on the edge of Leicester, Stoughton Park is a vibrant new development in the popular town of Oadby. You'll enjoy the best of both worlds—peaceful suburban living with excellent connections to Leicester city centre and beyond.

Excellent Transport Links: Just 20 minutes from Junction 21 of the M1 via the A563. Leicester train station is only 3.5 miles away with direct services to Nottingham, Derby, and Birmingham.

Great Local Amenities: Nearby attractions include Leicester Racecourse, Aylestone Meadows Nature Reserve, and a range of shops, cafes, and restaurants in Oadby town centre.

Highly-Regarded Schools: Families will appreciate the excellent local schools, including Launde Primary, Brookside Primary, and Manor High School, all within close proximity.

This stunning home offers a fantastic lifestyle in a modern and well-connected community. Viewing is highly recommended. Contact us today to arrange your private tour!

Shared Ownership:
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.

The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright. You can buy a minimum 40% share of your home. When you're ready (or from the outset), you can buy more shares until you staircase to owning 100% of your home. Terms and Eligibility Criteria apply.

Full Market Value: £265,000

40% Share Price: £106,000 (rent £468.17pcm)

Please ask for further information on purchasing a larger share of the property, and the costs / terms of doing so.

Approximate Service Charges: £45.81 pcm*

Service charge includes estate charges, managing agents' estate charges, buildings insurance, management fee, costs of communal lighting, cleaning on the estate or block, grounds maintenance.

Listed by

Covering East Midlands

The Property Franchise Group

Reference: 160483409

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Floorplans

2D Floorplan

2D Floorplan

3D Floorplan

3D Floorplan

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 30/09/2025 (10 months ago) £106,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 57 ABBOTS DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 2GL £553,000 26/05/2023 Detached
Same street 24 ABBOTS DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 2GL £330,000 27/04/2023 Semi-detached
Same street 23 ABBOTS DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 2GL £375,000 27/01/2023 Detached
Same street 4 ABBOTS DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 2GL £357,000 20/01/2023 Detached
Same street 10 ABBOTS DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 2GL £396,000 16/12/2022 Semi-detached
Same street 21 ABBOTS DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 2GL £270,000 25/11/2022 Terraced
Same street 2 ABBOTS DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 2GL £465,000 28/01/2022 Detached

Street average: £392,286 (7 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 7.1%
10y growth 32.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Oadby and Wigston. Series: Terraced. As of April 2026.

1y (index) -2.5%
5y (index) 12.6%
10y (index) 43.6%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: SAGE HOUSING LIMITED (05489096)

Rental Range

Estimated market rent for Oadby and Wigston. Low = conservative, Realistic = average, Optimistic = best case.

Low £923/mo
Realistic £1,026/mo
Optimistic £1,129/mo

Based on Local Authority from postcode lookup → Oadby and Wigston.

LHA (30th percentile) floor for Leicester: £648/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Unknown 0.1 miles
Hospital Spire Leicester Hospital 0.3 miles
Hospital Unknown 0.3 miles
Bus stop Southmeads Road 0.4 miles
Bus stop Stoughton Road 0.4 miles
University University of Leicester - The Village 0.6 miles
Shop Premier 0.6 miles
University University of Leicester 1.4 miles
Train station Leicester 2.6 miles
Train station South Wigston 3.3 miles

Street-level crime

Category Count
Violence and sexual offences 38
Anti-social behaviour 13
Criminal damage and arson 10
Public order 5
Bicycle theft 4
Vehicle crime 4
Burglary 2
Drugs 2
Possession of weapons 2
Shoplifting 2
Theft from the person 2
Other theft 1
Robbery 1
Total incidents 86

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Brookside Primary School Primary 0.7 miles Good — 15 Nov 2022
Judgemeadow Community College Secondary 0.7 miles Good — 15 Nov 2022
Manor High School Secondary 0.8 miles Good — 19 Mar 2019
Linden Primary School Primary 0.9 miles Good — 30 Jun 2019
Launde Primary School Primary 0.9 miles Requires improvement — 13 Dec 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Hammond Grange, LE2 £900/mo 2 0.54 miles OpenRent
2 Bed Terraced House, Spencer Street, LE2 £995/mo 2 0.84 miles OpenRent

Average rent: £948/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.89%
Max investor price (0.8%) £118,500
Target investor price (1%) £94,800
Gross yield 10.7%
Cost-to-rent ratio 9.3×
Monthly cashflow £411/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 16%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).