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Picton Street, Leek, Staffordshire, ST13 8AU

West Midlands

£130,000

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
743 sqft

Description

This two-bedroom terraced residence is situated within a short walk from Leek town centre, making it an ideal location for those who value convenience. The property is close to various amenities including shops, schools, and public transport options. It provides a compelling opportunity for first-time buyers or investors looking for a renovation project with significant potential for value enhancement. The layout consists of two reception rooms, a kitchen equipped with essential fittings, two comfortable bedrooms, and a bathroom that requires some updating. Character elements such as original fireplaces and built-in storage enrich the property’s charm. The enclosed rear yard offers a manageable outdoor space ideal for small gatherings or relaxation. While the property includes modern conveniences like gas central heating and uPVC double glazing, it is in need of internal modernization. This presents an excellent chance for the new owner to apply their personal touch while improving the overall value of the home in this sought-after location. Offered without any upward chain, this property awaits your creative vision.

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Investment analysis

(ST13 area)

Below Market Value

This property is priced -24.6% below area average per sq ft

-24.6%
Potential saving
This Property
£175/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£181
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£189,654
10% above area average per sq ft
Potential ROI
+22.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (ST13)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +4.9%
5 year growth: +8.3%
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

Picton Street, Leek, Staffordshire, ST13 8AU
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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
£491
Based on a loan of £97,500 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

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