Pickwood Road, Leek, Staffordshire, ST13 5SN
West Midlands
£75,000
Listed on 12/11/2026
Listed on 12/11/2026
The listing
Property details
Bedrooms
N/AType
Residential DevelopmentDescription
A substantial brick-built property in central Leek, offered with planning permission for conversion into three homes: a two-bedroom townhouse and two one-bedroom apartments. The approved scheme includes open-plan living and kitchen areas, bathrooms, and private rear yard space for the townhouse and one of the apartments. The building is within walking distance of the town centre and is described as being in the conservation area. The listing states that structural work is required to the front elevation, so this is a development project rather than a ready-to-occupy home. The proposed accommodation could be considered for holiday or serviced stays, as well as longer-term letting, subject to the relevant checks and delivery of the approved scheme.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
35out of 100
Grade ELow opportunity
Confidence: LOW
At £75,000, this is a substantial, heavy-build project in central Leek, with approved plans for a two-bedroom townhouse and two one-bedroom apartments. The proposed three-home scheme and private rear yards give the building a clear route to a new use, but the front elevation is visibly deteriorated and the listing states structural work is required. The interiors are unfinished, so this is a full redevelopment rather than a cosmetic refresh.
Floor area is missing, so value against local £/sqf cannot yet be judged. The low overall score reflects limited condition and economics evidence, not a conclusion that the asking price is expensive; check the current planning consent and conditions and establish the structural scope before committing.
Key opportunities
- Deliver the proposed mix of a two-bedroom townhouse and two one-bedroom apartments, creating three distinct homes from one substantial building.
- Use the approved layouts as a starting point for a full redesign and fit-out, with private rear yards adding outdoor space to the scheme.
- The central Leek setting puts shops, cafés and local attractions within walking distance, supporting consideration of rental or visitor accommodation uses.
Key risks
- Deteriorated and missing brickwork at the front elevation, with structural work stated as required; the extent of repair and reinstatement needs careful assessment.
- The unfinished building and front-elevation work make this a heavy structural and full-interior programme, requiring time and budget for rebuilding rather than a cosmetic refresh.
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Transport
Nearest stations
Congleton Rail Station
7.9 miles
Train · Congleton
Longport Rail Station
9.1 miles
Train · Longport
Kidsgrove Rail Station
9.3 miles
Train · Kidsgrove
Longton Rail Station
9.2 miles
Train · Longton
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£306
Based on a loan of £56,250 over 30 years at 5.13% 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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