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Six-Bedroom Hmo Investment Opportunity
Leek, ST1 3 - Get Access
6 bed
2 bath
Description
Butters John Bee are delighted to offer for sale via auction this substantial six-bedroom, two-bathroom HMO investment property, ideally positioned directly opposite Hanley Park and approximately a five-minute walk from Staffordshire University. The property is being offered for sale by auction on 26th October and represents an exciting opportunity for investors looking to acquire an established student accommodation property in a highly convenient location.
The property benefits from approximately four years remaining on the existing HMO licence, providing an attractive proposition for investors seeking a property with an established licensing position. The accommodation is arranged over three floors and provides six bedrooms in total, together with two bathrooms and generous communal living space.
The ground floor comprises one bedroom, with the main communal areas providing a spacious kitchen and dining environment. The first floor offers four bedrooms, while the second floor provides two further bedrooms. There is also a useful storage room serving the smallest bedroom, providing additional practical storage space.
The property has been arranged with the student market in mind, offering spacious bedrooms and communal accommodation. The six-bedroom configuration provides excellent potential for continued use as student accommodation, subject to the relevant permissions and licensing requirements.
The location is one of the property's key attractions. Situated directly opposite Hanley Park, residents have immediate access to extensive green space, ideal for walking, jogging and relaxing. Staffordshire University is approximately a five-minute walk away, making the property particularly well placed for the student market.
The property is also conveniently located for local transport links, with major bus routes within easy reach and Stoke-on-Trent Railway Station just a short distance away. Hanley town centre provides a wide range of shops, pubs, restaurants, bars and entertainment venues, all readily accessible from the property.
With six bedrooms, two bathrooms, approximately four years remaining on the HMO licence and a prime location close to Staffordshire University, this represents an excellent opportunity to acquire a substantial student HMO investment in Stoke-on-Trent.
This property will be offered for sale by public and online auction at The DoubleTree by Hilton, Etruria Hall, Festival Way, Staffordshire, ST1 5BQ on Monday 26th October at 6:30pm. Remote bidding will be available via internet, telephone or proxy by pre-registering with our auction department on 0800 090 2200 or email auction@bjbmail.com. Further details are available in the auction catalogue.
Common Auction Conditions: This property is sold subject to our Common Auction Conditions (a copy is available on request)
Buyers Administration Fee: A buyer's administration fee of £1,800 inc. VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.
Comparable sales
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Estimated market value
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Range:
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High confidence
Floor Area Estimated: 1,900 sq ft
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