# 2 bedroom terraced house for sale (LE2 2GL)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5 ABBOTS DRIVE, LEICESTER, OADBY, LEICESTERSHIRE LE2 2GL |
| Price | £106,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £106,000 Sep 2025 |

## 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.

## Property Photos

- ![Front of Property](/listings/photos/160483409/412741) - Front of Property
- ![Living Room](/listings/photos/160483409/412743) - Living Room
- ![Kitchen](/listings/photos/160483409/412744) - Kitchen
- ![Kitchen](/listings/photos/160483409/412745) - Kitchen
- ![Living Room](/listings/photos/160483409/412747) - Living Room
- ![Double Bedroom](/listings/photos/160483409/412749) - Double Bedroom
- ![Double Bedroom](/listings/photos/160483409/412750) - Double Bedroom
- ![Double Bedroom](/listings/photos/160483409/412751) - Double Bedroom
- ![Double Bedroom](/listings/photos/160483409/412753) - Double Bedroom
- ![Family Bathroom](/listings/photos/160483409/412755) - Family Bathroom
- ![Rear Garden](/listings/photos/160483409/412757) - Rear Garden
- ![Rear Garden](/listings/photos/160483409/412758) - Rear Garden

## Floorplans

- ![2D Floorplan](/listings/photos/160483409/412759) - 2D Floorplan
- ![3D Floorplan](/listings/photos/160483409/412760) - 3D Floorplan

## EPC Graphs

- ![EPC 1](/listings/photos/160483409/412764) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 ABBOTS DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 2GL | £106,000 | 30/09/2025 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £222,038 (115 Terraced, LE2, 2024–2026)
- **Deviation:** -52.3%

## Rental Range

*ONS Price Index of Private Rents (Oadby and Wigston). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £923/mo
- **Realistic:** £1,026/mo
- **Optimistic:** £1,129/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £648/mo

## 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)**

## 1% Rule

- **Rent ratio:** 0.89% (okay)
- **Max investor price (0.8%):** £118,500
- **Target investor price (1%):** £94,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £948/mo).*

- **Gross yield:** 10.7%
- **Cost-to-rent:** 9.3×
- **Monthly cashflow:** £411/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 16%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** 7.1%
- **10y growth:** 32.9%

## House Price Index (HM Land Registry)

*Official index for Oadby and Wigston; Terraced series; as of April 2026.*

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

## Flood risk

- **Zone:** 2
- **Risk:** In flood risk area
- **Source:** Environment Agency Flood Risk Areas (APSFR)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)