Summary - 27 OAKLAND AVENUE, LEICESTER LE4 7SG
3 bed 1 bath Terraced
Income-producing property with garden and parking, ideal for investor refurbishment.
- Currently let on AST at £1,300 pcm
- Large lounge/diner and separate sunroom
- Spacious rear garden with storage sheds
- Block-paved driveway for two cars (off-street)
- Constructed 1930–1949; solid brick, likely uninsulated
- EPC rating D; dated interior needs modernisation
- High flooding risk; may raise insurance costs
- Located in a deprived area; strong local rental demand
This three-bedroom mid-terrace townhouse just off Melton Road is offered freehold and currently let on an assured shorthold tenancy producing £1,300 pcm. The layout includes a large lounge/diner, spacious kitchen, sunroom, downstairs WC and a good-sized first-floor bathroom — practical spaces that suit lettings or a family conversion.
A large rear garden and block-paved driveway with off-street parking for two cars add strong amenity value for tenants or future owners. Constructed circa 1930–1949 with solid brick walls and double glazing, the property has traditional character and straightforward maintenance expectations. Council tax is described as low, and broadband and mobile signals are good.
Key positives include immediate rental income, decent plot size and convenient access to local amenities and good-rated schools. However, the house requires updating — internal decor and some fittings are dated — and the walls appear uninsulated (as built). The EPC is D and there is a high flooding risk for the location, which will affect insurance and potential retrofit costs.
For buyers seeking an income-producing property or a renovation project with solid fundamentals, this house offers a clear proposition: steady rental return now, scope to increase value with modernization and insulation improvements, but factor in flood-risk mitigation and refurbishment expenditure when assessing total cost.
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