Worst House on the Street Logo
Leadendale Lane, Rough Close - Image 1
Leadendale Lane, Rough Close - Image 2
Leadendale Lane, Rough Close - Image 3
Leadendale Lane, Rough Close - Image 4
Leadendale Lane, Rough Close - Image 5

Leadendale Lane, Rough Close

West Midlands

£350,000
Listed on 22/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1420 sqft

Description

This three-bedroom detached home presents a distinctive opportunity for those looking to invest in a property with significant renovation potential. Nestled in a serene rural setting, the house sits on an expansive plot that includes landscaped gardens, a mature orchard, and an adjoining 2.5-acre paddock. This additional land offers versatility for various uses, whether you envision it as a smallholding, equestrian space, or simply enjoy the freedom of outdoor living. The residence retains numerous charming original features such as oak beams and multi-fuel burners that enhance its character. While the property is in need of modernization, this offers a blank canvas for buyers who wish to customize their living space to align with modern preferences and lifestyles. Inside, the layout provides flexible living options with three reception rooms—one conveniently located on the ground floor and two on the first—affording ample room for both relaxation and entertaining. There are three bedrooms in total, including a ground floor option that adds convenience. The traditional kitchen also holds potential for expansion or redesign, allowing creative buyers to enhance the heart of the home. Externally, residents will appreciate the generous gardens surrounding the property along with sufficient off-road parking and outbuildings that include an attached garage and a separate garage featuring a stable at the rear. The picturesque countryside setting further amplifies this property's appeal. Given its need for updates, this home represents an exceptional chance to create a personalized country retreat while taking advantage of the idyllic location. Prospective buyers are encouraged to explore this unique opportunity to realize their vision for a rural residence rich with investment potential.

Investment Analysis

(ST3 area)

Above Market Value

This property is priced +16.3% above area average per sq ft

+16.3%
This Property
£246/sq ft
Area Average
£212/sq ft
Avg Rent (weekly)
£196
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£330,988
10% above area average per sq ft
Potential ROI
-19.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ST3)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 9.8%
5 year growth: 30.9%
Investment Disclaimer: Analysis based on ST3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Leadendale Lane, Rough Close
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE