# 2 bedroom town house for sale (LE7 2PX) ## Property Details | Key | Value | |-----|-------| | Address | 41 OAK DRIVE, LEICESTER, SYSTON, LEICESTERSHIRE LE7 2PX | | Price | £190,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Last sold | £190,000 Nov 2021 | ## Description This charming two bedroom townhouse is situated within ever popular Syston. Beautifully presented by current owners in a pleasing, contemporary, neutral scheme of decoration. The property really benefits from a light & airy feel and is located within a quiet corner of the town and briefly comprises: entrance porch, spacious living area, kitchen/diner, utility area, two well proportioned bedrooms and family bathroom. The property benefits from both front and rear gardens, mainly laid to lawn, with access to a garage within a communal block to the immediate rear of the rear garden, complete with parking space. Syston is an extremely popular town; benefiting from a wide range of retail & leisure options, including branches of major supermarkets, parks, a gym, post office and a number of public houses. The property is also convenient for a range of well regarded schooling, both primary and secondary, indeed the property is only a couple of minutes walk from Merton Primary School. Syston is also well placed for commuters, being well served by plenty of public transport options both by road and rail to Leicester, Loughborough, Melton Mowbray and is handy for access to the A46 & A607 to allow for commuting throughout the East Midlands and wider area. ## Property Photos - ![Main Image](/listings/photos/105557207/355791) - Main Image - ![Not Specified](/listings/photos/105557207/355792) - Not Specified - ![Not Specified](/listings/photos/105557207/355795) - Not Specified - ![Not Specified](/listings/photos/105557207/355798) - Not Specified - ![Not Specified](/listings/photos/105557207/355799) - Not Specified - ![Not Specified](/listings/photos/105557207/355802) - Not Specified - ![Not Specified](/listings/photos/105557207/355805) - Not Specified - ![Not Specified](/listings/photos/105557207/355806) - Not Specified - ![Not Specified](/listings/photos/105557207/355807) - Not Specified - ![Not Specified](/listings/photos/105557207/355810) - Not Specified - ![Not Specified](/listings/photos/105557207/355811) - Not Specified - ![Not Specified](/listings/photos/105557207/355815) - Not Specified - ![Not Specified](/listings/photos/105557207/355818) - Not Specified - ![Not Specified](/listings/photos/105557207/355820) - Not Specified ## Floorplans - ![Ground Floor](/listings/photos/105557207/355823) - Ground Floor - ![First Floor](/listings/photos/105557207/355824) - First Floor ## EPC Graphs - ![EPC Graph](/listings/photos/105557207/355826) - EPC Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 41 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £190,000 | 30/11/2021 | Terraced | | 41 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £150,000 | 05/04/2019 | Terraced | | 41 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £115,000 | 05/05/2006 | 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] 71 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £195,000 | 16/01/2026 | Terraced | | [Same street] 78 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £320,000 | 12/12/2025 | Semi-detached | | [Same street] 74 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £310,000 | 04/04/2024 | Semi-detached | | [Same street] 40 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £212,500 | 27/10/2023 | Terraced | | [Same street] 25 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £290,000 | 11/10/2023 | Semi-detached | | 15 ASH DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PQ | £162,000 | 26/08/2022 | Terraced | | [Same street] 62 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £285,000 | 29/07/2022 | Other | | 12 SOUTHFIELD AVENUE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2LL | £180,000 | 11/02/2022 | Terraced | | 10 SOUTHFIELD AVENUE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2LL | £200,000 | 26/11/2021 | Terraced | | [Same street] 63 OAK DRIVE, SYSTON, LEICESTER, CHARNWOOD, LEICESTERSHIRE, LE7 2PX | £184,000 | 15/10/2021 | Terraced | **Street average:** £256,643 (7 sales) **Area average:** £180,667 (3 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £218,479 (47 Terraced, LE7, 2024–2026) - **Deviation:** -13% ## Rental Range *ONS Price Index of Private Rents (Charnwood). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £857/mo - **Realistic:** £952/mo - **Optimistic:** £1,047/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 Semi-Detached House, Pine Drive, LE7 | £1,200/mo | 2 | 0.08 miles | OpenRent | | 2 Bed Flat, Melton Road, LE7 | £800/mo | 2 | 0.39 miles | OpenRent | | 2 Bed Terraced House, Wolsey Way, LE7 | £995/mo | 2 | 0.55 miles | OpenRent | | 2 Bed Flat, Hallaton Drive, LE7 | £850/mo | 2 | 0.63 miles | OpenRent | | 2 Bed Terraced House, Abbotts Close, LE7 | £785/mo | 2 | 0.65 miles | OpenRent | | 2 Bed Flat, Malt House Court, LE7 | £900/mo | 2 | 0.69 miles | OpenRent | | 2 Bed Terraced House, Preston Close, LE7 | £895/mo | 2 | 0.7 miles | OpenRent | | 2 Bed Terraced House, St Columba Way, LE7 | £895/mo | 2 | 0.79 miles | OpenRent | **Average rent: £915/mo (8 listings)** ## 1% Rule - **Rent ratio:** 0.47% (weak for cashflow) - **Max investor price (0.8%):** £111,875 - **Target investor price (1%):** £89,500 *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 £895/mo).* - **Gross yield:** 5.7% - **Cost-to-rent:** 17.7× - **Monthly cashflow:** £32/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.7% *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:** -4.9% - **10y growth:** 29.7% ## House Price Index (HM Land Registry) *Official index for Charnwood; Terraced series; as of March 2026.* - **1y growth (index):** 1.9% - **5y growth (index):** 19.8% - **10y growth (index):** 52.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)