# 2 bedroom semi-detached bungalow for sale (LE2 5JH) ## Property Details | Key | Value | |-----|-------| | Address | 19 CHESTNUT AVENUE, LEICESTER, OADBY, LEICESTERSHIRE LE2 5JH | | Price | £285,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Construction age | England and Wales: 1967-1975 | | Floor area | 57 m² | | Last sold | £270,000 Nov 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Expiry date:** 30/09/2030 - **Current heating cost:** £451/year - **Est. upgrade cost to C:** £11,700 ### Recommendations - W1 (£800 - £1,200) - N (£4,000 - £6,000) - O3 (£1,000 - £1,400) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/6130-7320-0009-0209-0202) ## Description Offered with No Upward Chain and situated within a short walk of Oadby Town Centre, this TWO BEDROOM SEMI-DETACHED BUNGALOW provides nicely presented and spacious accommodation being ideal for those looking to downsize within a popular and in demand area. Newton Fallowell Oadby are pleased to offer For Sale a property offering potential to extend (STPP) and situated close to local shops and amenities along with local bus routes into Leicester City Centre. The accommodation briefly comprises porch and hallway entrance, lounge, fitted kitchen, two bedrooms and a wet room. Outside there is a low maintenance frontage with a side driveway leading to a single detached garage. The rear garden is paved with gravelled areas offering a spacious and private feel. Call Newton Fallowell Oadby for FREE No Sale No Fee Sales Valuations. EPC rating: C. Council tax band: C, Tenure: Freehold, ## Property Photos - ![Photo](/listings/photos/130605476/548274) - ![Photo](/listings/photos/130605476/548275) - ![Photo](/listings/photos/130605476/548276) - ![Photo](/listings/photos/130605476/548277) - ![Photo](/listings/photos/130605476/548278) - ![Photo](/listings/photos/130605476/548279) - ![Photo](/listings/photos/130605476/548280) - ![Photo](/listings/photos/130605476/548281) - ![Photo](/listings/photos/130605476/548282) - ![Photo](/listings/photos/130605476/548283) - ![Photo](/listings/photos/130605476/548284) - ![Photo](/listings/photos/130605476/548285) - ![Photo](/listings/photos/130605476/548286) - ![Photo](/listings/photos/130605476/548287) ## Floorplans - ![Floorplan](/listings/photos/130605476/548288) - Floorplan ## EPC Graphs - ![EPC Graph](/listings/photos/130605476/548289) - EPC Graph ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #3343112 - **Address:** 19 Chestnut Avenue, Oadby, LE2 5JH - **Certificate Issued:** 19/12/2005 - **Work Completed:** 07/12/2005 - **Items:** 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 19 CHESTNUT AVENUE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5JH | £270,000 | 17/11/2023 | Semi-detached | | 19 CHESTNUT AVENUE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5JH | £248,000 | 14/05/2021 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 30 CHESTNUT AVENUE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5JG | £360,000 | 04/12/2025 | Semi-detached | | 30 CARTWRIGHT DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5HL | £280,000 | 17/07/2025 | Semi-detached | | 21 CARTWRIGHT DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5HN | £258,300 | 02/11/2023 | Semi-detached | | 38 CHESTNUT AVENUE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5JG | £242,000 | 12/10/2023 | Semi-detached | | 1 CARTWRIGHT DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5HN | £290,000 | 29/09/2023 | Semi-detached | | 26 FOXHUNTER DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5FE | £267,500 | 28/09/2023 | Semi-detached | | 97 BRABAZON ROAD, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5HG | £230,000 | 11/08/2023 | Semi-detached | | 14 CHESTNUT AVENUE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5JG | £293,500 | 12/04/2023 | Semi-detached | | 52 FOXHUNTER DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5FE | £305,000 | 23/03/2023 | Semi-detached | | 57 FOXHUNTER DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5FG | £200,000 | 17/03/2023 | Semi-detached | | 45 DAVENPORT AVENUE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5HQ | £245,000 | 10/02/2023 | Semi-detached | | 11 KILBURN AVENUE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5FQ | £388,000 | 09/12/2022 | Semi-detached | | 61 FOXHUNTER DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5FG | £315,000 | 05/12/2022 | Semi-detached | | 15 PRIMROSE HILL, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5JA | £307,500 | 04/11/2022 | Semi-detached | | 39 FOXHUNTER DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5FG | £310,000 | 30/09/2022 | Semi-detached | | 5 BROOKSBY CLOSE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5AB | £216,995 | 14/09/2022 | Semi-detached | | 2 BRABAZON ROAD, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5HB | £265,000 | 16/06/2022 | Semi-detached | | 24 FOXHUNTER DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5FE | £240,000 | 13/05/2022 | Semi-detached | | 9 MERCIA DRIVE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5GB | £290,000 | 06/05/2022 | Semi-detached | | 10 DAVENPORT AVENUE, OADBY, LEICESTER, OADBY AND WIGSTON, LEICESTERSHIRE, LE2 5HP | £255,000 | 14/03/2022 | Semi-detached | **Area average:** £277,940 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £273,156 (99 Semi-detached, LE2, 2024–2026) - **Deviation:** +4.3% ## Rental Range *ONS Price Index of Private Rents (Oadby and Wigston). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £920/mo - **Realistic:** £1,022/mo - **Optimistic:** £1,124/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, South Knighton Road, LE2 | £1,150/mo | 2 | 0.85 miles | OpenRent | **Average rent: £1,150/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.4% (weak for cashflow) - **Max investor price (0.8%):** £143,750 - **Target investor price (1%):** £115,000 *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 £1,150/mo).* - **Gross yield:** 4.8% - **Cost-to-rent:** 20.7× - **Monthly cashflow:** £-112/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.6% *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).* ## Price per Square Metre - **£/m²:** £5,000/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 14% - **10y growth:** 37.9% ## House Price Index (HM Land Registry) *Official index for Oadby and Wigston; Semi-detached series; as of March 2026.* - **1y growth (index):** -0.2% - **5y growth (index):** 16.2% - **10y growth (index):** 50.5% ## 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)