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Russell Street, Leek

West Midlands

£195,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This substantial four-bedroom period townhouse is situated in the vibrant town center, providing convenient access to a variety of amenities, including shops, restaurants, and public transport. The property features an array of charming original elements that reflect its historic character and offers ample space across three floors. While the interiors present an opportunity for modernization and personal touch, they also hold significant renovation potential for those looking to enhance the property’s appeal and value. The ground floor layout includes a welcoming entrance hall leading to a cellar, a spacious living room with charming gas fire, a separate lounge area, and a dining room adjacent to the kitchen—all designed for functional family living. A utility room provides additional convenience. The first floor is home to two well-sized bedrooms along with a bathroom, separate WC, and shower room. The top floor features two further bedrooms, which could be transformed into comfortable retreats or office space. The feature landing area adds to the property’s charm and could serve as a perfect reading nook or study space. Outside, an enclosed yard offers private outdoor space that can be further developed into a garden or seating area. Given its central location and generous layout, this property not only promises comfort but also represents an excellent investment opportunity. With no upward chain involved, it's ready for new owners looking to make their mark. The home is sold freehold with vacant possession upon completion. Prospective buyers are encouraged to explore renovation possibilities that could unlock its full potential in this desirable location.

Investment Analysis

(ST13 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£179
Avg Yield
2.7%

Renovation Potential

Est. Renovation Cost
£19,500 - £48,750
10-25% of property value
Monthly Sales
23
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (ST13)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 13.4%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on ST13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Russell Street, Leek
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