Sold STC Bungalow

2 CHESTNUT DRIVE

LEICESTER, BUSHBY, LEICESTERSHIRE LE7 9RB

3 beds 2 baths 1,421 sq ft Listed 17 Nov 2025 (-208d)

£595,000

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Property details

Tenure

FREEHOLD

Floor area

132 m²

Council tax band

TBC

EPC rating

C

Year built

England and Wales: 1950-1966

Last sold

£115,000 Jul 1999

Price per m²

£4,508/m²

Local average

£483,989 (+22.9%)

Deprivation

Decile 9 (29,738 of 33,755)

Street crime

39 incidents within 1 mile (Apr 2026)

Key features

  • Exceptional Plot Positioned Within Quiet Bushby Cul-De-Sac
  • Expansive Gardens Offering Outstanding Privacy & Space
  • Double Garage Providing Storage Or Conversion Potential
  • Sweeping Driveway Allowing Ample Parking For Multiple Vehicles
  • Significant Scope To Extend STPP
  • Two Spacious Bathrooms
  • Flexible Layout Across Two Floors Offering Great Versatility
  • Highly Sought After Schooling Catchment Ideal For Families
  • Beautiful Mature Surroundings Enhancing Peaceful Village Setting
  • No Onward Chain

Additional details

Parking
Yes
Garden
Yes

Description

A rare opportunity in a quiet Bushby cul-de-sac, offering a generous plot, expansive gardens and huge potential to extend or remodel. With a double garage, spacious layout and excellent schooling nearby, this home is perfect for buyers seeking space, privacy and future scope, available with no onward chain.

Tucked away at the end of a peaceful cul-de-sac in Bushby, this standout detached home occupies one of the largest and most private plots on the road. Coming to market for the first time in decades, it represents a truly rare opportunity to secure a home with scale, seclusion and remarkable potential. Set well back behind a generous frontage with a sweeping driveway and double garage, the moment you arrive you can sense the scope this property offers for those with imagination and ambition.

Inside, the home offers an inviting and versatile layout across two floors. A spacious central hallway leads to generous living and dining spaces filled with natural light, while the kitchen, utility and ground-floor bedroom provide excellent practicality, a shower room completes the ground floor.

Two further double bedrooms and a family bathroom sit on the first floor, each enjoying elevated views over the gardens, making the overall footprint ideal for families or those wanting flexible living arrangements.

Wrapped in mature gardens and surrounded by greenery, the plot is exceptional. The rear garden stretches out beautifully—wide, private and wonderfully open—creating an inspirational backdrop for anyone considering redesigning the existing layout or dramatically extending the home, subject to planning. With its broad footprint, versatile arrangement over two floors and direct access from the house into the double garage, the potential to transform this into a substantially larger, contemporary family home is significant.

Bushby is renowned for its strong sense of community and long-term appeal, but the location of this home elevates it even further. The property sits within easy reach of highly regarded local schooling, including access to popular primary schools and the sought-after Gartree and Beauchamp catchments, making it an outstanding option for families planning ahead.

Bushby has the most scenic countryside walks, village shops, eateries and convenient routes into Leicester and the surrounding villages all lie close by, offering both tranquillity and accessibility in equal measure.

Anti-Money Laundering (AML) Requirements
In accordance with current Anti-Money Laundering and Proceeds of Crime legislation, all buyers are required to complete identity and verification checks. These checks are carried out on our behalf by Hipla, our approved AML provider. Once an offer is accepted, Hipla will contact you directly to complete the required verification. A fee of £60 inclusive of VAT per person applies to cover the cost of these checks. This fee is payable directly to Hipla and must be completed before a Memorandum of Sale can be issued. The fee is non-refundable and applies even if the transaction does not proceed.

General Information
These particulars are intended as a guide only and do not form part of any offer or contract. While we endeavour to ensure the accuracy of the information provided, we have not tested any services, appliances, or equipment, and no warranty is given as to their condition or functionality. Prospective purchasers are advised to inspect the property thoroughly and to commission appropriate surveys and professional reports before exchange of contracts. Photographs, floor plans, and measurements are provided for guidance only and should not be relied upon as exact.

Referrals and Introductions

Oliver Rayns Estate Agents may receive a referral fee or other benefit for introducing clients/customers to third-party service providers, including mortgage advisers, conveyancers, and surveyors. You are under no obligation to use any recommended provider, and any referral does not affect the price you pay for those services.

Listed by

Leicester

Oliver Rayns

Reference: 169423148

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 14/11/2025

Expiry date: 13/11/2035

Current heating cost: £1,352/year

Potential heating cost: £1,228/year

Est. upgrade cost to C: £16,500

Recommendations

  • Floor insulation (suspended floor) (£5,000 - £10,000)
  • Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Listed for sale £595,000 +417.4%
Sold 07/07/1999 (26 years ago) £115,000

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
21 BRAMLEY ORCHARD, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RU £455,000 05/12/2025 Detached
6 DEVENPORTS HILL, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9NF £475,000 11/08/2025 Detached
53 DALBY AVENUE, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RE £390,000 28/01/2025 Detached
18 DALBY AVENUE, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RD £886,000 06/11/2024 Detached
8 BENNION ROAD, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9QF £560,000 14/07/2023 Detached
64 DALBY AVENUE, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RD £650,000 30/06/2023 Detached
87 MAIN STREET, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9PL £745,000 04/11/2022 Detached
67 MAIN STREET, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9PL £630,000 07/10/2022 Detached
WINKADALE UPPINGHAM ROAD, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RP £2,000,000 30/09/2022 Detached
6 THE COPSE, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RW £870,000 26/05/2022 Detached
26 HOLLIES WAY, THURNBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RJ £560,000 12/05/2022 Detached
THE DRIVEWAY ORCHARD END DALBY AVENUE, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RE £605,000 06/05/2022 Detached
HOME FARM, 91 MAIN STREET, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9PL £480,000 29/04/2022 Detached
Same street 6 CHESTNUT DRIVE, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RB £395,000 17/11/2021 Detached
913B UPPINGHAM ROAD, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RR £650,000 29/10/2021 Detached
28 HOLLIES WAY, THURNBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RJ £375,000 30/09/2021 Detached
89D MAIN STREET, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9PL £608,500 17/09/2021 Detached
7 THE CEDARS, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RZ £438,500 18/08/2021 Detached
Same street 8 CHESTNUT DRIVE, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RB £765,000 23/07/2021 Detached
15 BRAMLEY ORCHARD, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RU £486,000 29/06/2021 Detached
89C MAIN STREET, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9PL £595,000 29/06/2021 Detached
913C UPPINGHAM ROAD, BUSHBY, LEICESTER, HARBOROUGH, LEICESTERSHIRE, LE7 9RR £715,000 18/06/2021 Detached

Street average: £580,000 (2 sales)

Area average: £658,700 (20 sales)

Capital growth trend

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

5y growth 28%
10y growth 60.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Harborough. Series: Detached. As of March 2026.

1y (index) 1.1%
5y (index) 14.6%
10y (index) 41.7%

Rental Range

Estimated market rent for Harborough. Low = conservative, Realistic = average, Optimistic = best case.

Low £865/mo
Realistic £961/mo
Optimistic £1,057/mo

Based on Local Authority from postcode lookup → Harborough.

LHA (30th percentile) floor for Leicester: £773/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Main Street 0.0 miles
Shop Thurnby Superstore 0.6 miles
Shop Cranbrook News 0.6 miles
Hospital Leicester Nuffield Hospital 1.8 miles
University University of Leicester - The Village 2.6 miles
University University of Leicester 3.6 miles
Train station Leicester 3.7 miles
Train station Unknown 4.4 miles
Hospital Main Entrance 6.3 miles

Street-level crime

Category Count
Violence and sexual offences 14
Criminal damage and arson 8
Anti-social behaviour 6
Public order 4
Drugs 2
Other theft 2
Burglary 1
Possession of weapons 1
Robbery 1
Total incidents 39

Within 1 mile during Apr 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
Thurnby, St Luke's Church of England Primary School Primary 0.4 miles Good — 20 Mar 2014
Fernvale Primary School Primary 0.6 miles Good — 7 Nov 2013
Willowbrook Mead Primary Academy Primary 0.8 miles Good — 21 Jan 2024
The City of Leicester College Secondary 1.1 miles Requires improvement — 23 Jan 2020
Thurnby Mead Primary Academy Primary 1.2 miles Good — 18 Oct 2012

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
3 Bed Bungalow, Holmleigh Gardens, LE7 £1,400/mo 3 0.56 miles OpenRent
3 Bed Semi-Detached House, Station Road, LE7 £1,300/mo 3 0.65 miles OpenRent
3 Bed Bungalow, Station Road, LE7 £1,300/mo 3 0.66 miles OpenRent
3 Bed Detached House, Springbrook Drive, LE7 £1,650/mo 3 0.68 miles OpenRent
3 Bed Bungalow, Telford Way, LE5 £1,100/mo 3 0.68 miles OpenRent
3 Bed Detached House, Ada Lovelace Drive, LE7 £1,550/mo 3 0.68 miles OpenRent
3 Bed Bungalow, Rose Acre Close, LE7 £1,200/mo 3 0.86 miles OpenRent
3 Bed Semi-Detached House, Earlswood Road, LE5 £1,350/mo 3 0.91 miles OpenRent
3 Bed Semi-Detached House, Englefield Road, LE5 £1,225/mo 3 0.94 miles OpenRent
3 Bed Semi-Detached House, Hanbury Road Short Term Rental, LE5 £3,750/mo 3 0.98 miles OpenRent
3 Bed Terraced House, Kirkwall Crescent, LE5 £1,100/mo 3 1.02 miles OpenRent
3 Bed Semi-Detached House, Fulbeck Avenue, LE5 £1,050/mo 3 1.11 miles OpenRent

Average rent: £1,498/mo (12 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.22%
Max investor price (0.8%) £162,500
Target investor price (1%) £130,000
Gross yield 2.6%
Cost-to-rent ratio 38.1×
Monthly cashflow £-1,198/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -8.3%
  • 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).