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Kniveden Lane, Leek

West Midlands

£295,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached two-bedroom property is located on the outskirts of town in a desirable residential neighborhood, providing a blend of privacy and community living. The home backs onto school playing fields, offering a peaceful setting while maintaining convenient access to local amenities. Though the property offers essential features such as double glazing and gas central heating, it presents an opportunity for renovation and modernization. Buyers can take advantage of its layout to create a unique living space that reflects their personal style. The accommodation includes an entrance porch leading into a welcoming hall, a spacious living room with an electric fire, a dining area, and a kitchen equipped with essential appliances and fixtures. A side porch adds functionality with access to both the front and rear gardens, as well as a convenient W.C. and storage room. Upstairs, there are two well-proportioned bedrooms and a bathroom that features bath facilities alongside typical fittings. The property’s exterior boasts off-street parking via a driveway that leads to a covered carport. The front and rear gardens are primarily laid to lawn, providing private outdoor spaces that can be enhanced through landscaping or outdoor improvements. With no upward chain involved in the sale, this property represents not only a chance for immediate habitation but also significant investment potential. Buyers looking to increase value through updates will find this residence particularly appealing. Additionally, its solid construction and prime location make it an ideal candidate for long-term rental opportunities or future resale once renovations are completed. Overall, this home offers both comfort in its current state and the promise of transformation for those ready to invest time and creativity into making it their own.

Investment Analysis

(ST13 area)
Area Average
£218/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (ST13)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 10.4%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on ST13 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

Kniveden Lane, Leek
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,081
Based on a loan of £221,250 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.

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