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Former Clinic, Leek Road, Stoke on Trent

West Midlands

£350,000

Listed on 10/06/2026

Property Details

Bedrooms
N/A
Type
Commercial Property

Description

This former NHS clinic presents a unique investment opportunity, located on a 0.35-acre site with full planning permission for the conversion into 12 self-contained flats. Spanning approximately 726 sq. m, this property not only allows for immediate development but also holds potential for alternative uses pending the appropriate permissions. The strategic location offers easy access to local amenities, significant transport links including the M6 motorway, and proximity to Hanley town centre, enhancing its attractiveness for residential rentals. The development plan estimates a gross development value of £960,000 with a projected annual rental income of £86,400. Prospective buyers are encouraged to conduct their own assessments regarding the condition and potential enhancements required to maximize this asset's value.

Investment Analysis

(ST2 area)
Area Average
£196/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (ST2)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +5.5%
5 year growth: +18.4%
Investment Disclaimer: Analysis based on ST2 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

Former Clinic, Leek Road, Stoke on Trent
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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