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Meadow Close, Leek, Staffordshire, ST13 5TX

West Midlands

£400,000
Listed on 13/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1453 sqft

Description

Nestled in a tranquil cul-de-sac on the outskirts of town, this spacious four-bedroom detached residence presents an excellent opportunity for renovation and investment. The home features a generous open-plan living area that encompasses the dining and kitchen space, fostering a sociable atmosphere perfect for family life. The kitchen is equipped with granite countertops and a Stoves range cooker, ideal for culinary enthusiasts but may benefit from modernisation. Adjacent to the kitchen, an integral garage includes plumbing for laundry facilities, enhancing practicality. The lower ground floor offers a substantial additional reception room that spans over 20 feet, providing versatility as a family room or potential cinema space. Direct access to the rear garden through patio doors invites natural light and creates an indoor-outdoor flow that could be enhanced with landscaping. On the first floor, there are four ample bedrooms, which cater to families or those seeking home office space. The principal bedroom comes with its own en-suite shower room while the other bedrooms share a modern family bathroom. Notably, there's a fully boarded loft accessible via a pull-down ladder—this area holds potential for further development should planning permission be obtained. Externally, the property features off-road parking on a block-paved driveway alongside neat lawned areas. The enclosed rear garden provides privacy with established woodland beyond and includes both lawn and patio spaces suitable for outdoor activities. This property represents significant potential as either a family home or an investment project due to its desirable location near local amenities and schools. A little vision could transform this house into your dream home while adding considerable value in this sought-after area.

Investment Analysis

(ST13 area)

Above Market Value

This property is priced +18.1% above area average per sq ft

+18.1%
This Property
£275/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£177
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£372,484
10% above area average per sq ft
Potential ROI
-16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Meadow Close, Leek, Staffordshire, ST13 5TX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 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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