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West Midlands
£160,000
Listed on 28/09/2026
Listed on 28/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached home on The Crescent in Leek presents a compelling opportunity for buyers looking to take on a substantial renovation project. The asking guide price of £160,000 is notably below the local average of £232/sqf, making it an attractive entry point for those looking to acquire a property that allows for extensive personalization and improvement.
However, the condition of the property is a significant consideration. Significant wear and a need for modernisation are evident throughout, with all areas requiring considerable attention, including the dated kitchen and living spaces. The scale of this project is heavy, demanding a comprehensive refurbishment budget estimated between £80,000 and £150,000. Careful planning will be essential, as the combined purchase and renovation costs appear tight against local benchmarks, presenting a moderate risk to potential investors. Overall, this property offers a blank canvas for creative buyers willing to invest the time and resources to transform it into a desirable home.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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