Immediate rental income with clear upside when fully re-let and modernised.
Freehold Victorian mid-terrace HMO, 4 lettable rooms plus studio
This freehold mid-terraced Victorian property is set up as a four-bed HMO, offering immediate rental income and clear upside when fully let. The building extends to 863 sq ft and combines period features—bay window, Victorian tiles—with practical updates such as double glazing and gas central heating. Its central Stoke-on-Trent location gives strong tenant demand from nearby employers and universities.
Currently part-let producing £5,520pa, the HMO has vacant rooms and a vacant studio apartment, presenting straightforward rental growth potential to circa £25,000pa at current market rates once fully occupied. Layout includes a ground-floor studio with private rear entrance, an additional ground-floor en-suite room, two first-floor en-suite rooms and a shared kitchen.
Buyers should note material considerations: the legal pack currently lacks HMO documentation (requested but not provided), and four rooms require re-letting. The property has solid brick walls with assumed no cavity insulation, an EPC rating of D, a single bathroom arrangement, and is small in overall size. The sale is by auction with binding contracts and significant buyer fees and deposit requirements.
This lot will suit experienced landlords or developers targeting short-term income and medium-term rental uplifts after re-letting and basic refurbishment. Carrying out independent checks on HMO licensing, fire safety compliance and the legal pack is essential before bidding.