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Grove Street, Leek

West Midlands

£110,000
Listed on 07/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terrace property presents an excellent opportunity for first-time buyers or investors seeking to enter the market. While the home requires a degree of updating and modernization, it offers a versatile blank slate ideal for personal customization. Located in a well-connected area of the West Midlands, this property is conveniently close to local shops, schools, and amenities. The accommodation consists of a living room featuring a fireplace and laminate flooring, a functional kitchen with essential appliances, a rear hall providing access to a shower room, and two bedrooms on the first floor. Outside, there is an enclosed yard alongside a small garden area to enjoy. With gas central heating and double glazing already in place, this property is ready for you to make your mark. It's being offered without any upward chain, allowing for a straightforward transaction process.

Investment Analysis

(ST13 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£177
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£11,000 - £18,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (ST13)

Area prices are falling by -5.4% over the last 12 months
3 year growth: +2.9%
5 year growth: +6.4%
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

Grove Street, Leek
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£390
Based on a loan of £82,500 over 30 years at 3.91% 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

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